Allianz GI boosts alternatives platform with new Asian private credit unit
Allianz Global Investors has launched an Asian private credit unit and has made two hires to spearhead the effort,

Derivatives margin threshold should be €100 billion notional not €8 billion, says Isda
A regulatory threshold that requires counterparties to post initial margin (IM) on derivatives trades if they hold €8 billion notional or more exposure should be raised to €100 billion, the International Swaps and Derivatives Association has argued

Eaton Vance adds former Janus Henderson official as credit portfolio manager
Dónal Kinsella joins as institutional portfolio manager for the firm’s corporate credit strategies

Isda transfers credit determinations secretary role to subsidiary
The International Swaps and Derivatives Association has relinquished its role as secretary to the credit derivatives determinations committees (DCs) with the appointment of a new unit, DC Administration Services (DCAS), to manage this function

Isda extends deadline for derivatives benchmark consultation
The International Swaps and Derivatives Association has extended the fast-approaching deadline for its consultation on derivatives benchmark fallbacks, to allow more time for responses

Astaldi triggers first credit event in iTraxx on-the-run indices for nine years
Astaldi has triggered a bankruptcy credit event, the Isda-hosted EMEA Credit Determinations Committee has ruled

September: credit funds at a glance
White Oak Global Advisors held a $2.1 billion final close on a new direct lending fund, while Phil Raciti's move from CVC Credit Partners to Halcyon Capital Management was one of the biggest moves in the credit industry

Astaldi credit event question posed as its distress weighs on iTraxx Crossover
Astaldi, a constituent of iTraxx Crossover, has been referred to ISDA-hosted Credit Determinations Committees as a possible bankruptcy credit event – less than two weeks after the index rolled into a new series

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Four private credit managers score as Arizona pension fund commits $250 million
The $9.78 billion pension fund has mandated nearly $250 million to four private credit managers, alongside additional commitments for co-investment opportunities 

They said it: Australia's credit market is like a blast from the past
Revolution’s chief investment officer Bob Sahota describes the opportunities in the Australian private debt markets

Pimco receives nearly $400 million for ESG fixed income mandate
 An $11 billion super fund has awarded a new ESG-focused fixed income mandate to Pimco

Illinois pension fund appoints private debt consultant and awards $75 million to credit
The $51.3 billion pension fund has appointed consultant Aksia to manage its private debt investments and has mandated up to $75 million to a private debt manager

Värde picks up $250 million for Asia credit fund in just four months
Värde Partners has gained $250 million total sales in just four months for its Asia-focused credit fund, US regulatory filings show

Turkey CDS rallies back inside 500bp on Qatar help, but curve remains inverted
Turkey’s sovereign five year credit default swap is back below 500bp today, following the financially embattled country’s recent spread blow-out

CPPIB moves into Australian real estate debt fund
The $272.6 billion Canada Pension Plan Investment Board has partnered with Sydney-based Challenger Investment Partners to provide middle market real estate loans in Australia and New Zealand 

BlackRock unveils ESG-focused emerging market debt suite
BlackRock has launched a series of emerging market debt funds that will have an environmental,social and governance (ESG) focus

BlueArc brings in nearly $70 million for global private credit fund
At least 100 investors have backed the BlueArc Global Private Credit Opportunity Fund, managed by Atlanta-based BlueArc Capital 

Clifford prices Asian infrastructure loan CLO and plans follow-up, reports Inframation
Clifford Capital has priced Asia's first infrastructure project CLO and is planning a follow up within the next 18 months, according to a report by Creditflux's sister intelligence service Inframation

Californian pension fund assigns $25 million to Monroe direct lending strategy
As part of its private credit pacing plan, the $5.4 billion pension fund will make a $75 million commitment to direct lending funds each year for the next three years

Japanese pension fund Chikyoren seeks private debt managers
Chikyoren, the pension fund allocation for local government officials in Japan, has issued a request for proposal in its search for private debt managers.

Tor more than doubles AUM for Asia credit fund, filings suggest
Hong Kong-headquartered Tor Investment Management has raised nearly $1 billion for its Tor Asia Credit Fund

Texas pension fund earmarks $650 million to four private debt funds
Angelo Gordon, HIG Whitehorse and Värde have secured commitments from the Texas pension fund for their direct lending funds

Sovereign investors' allocation to alternative credit increase rapidly, finds survey
Sovereign investors are increasing their exposure to CLOs, direct lending and bank loans, according to a 2018 Global Sovereign Asset Management Study published by Invesco this week

Japanese pension fund allocation to alternatives reaches record high, survey reveals
The average Japanese institutional investor now allocates 17.1% of their portfolio to alternative assets, according to a JP Morgan Asset Management survey.