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Patient CDS holders could be rewarded as Norske Skog spreads blow out
8 years ago
Not all CDS buyers took part in Norske Skog's default last year, and the strategy appears to have paid off -
Paulson’s Europe team to plough on in credit despite departures
8 years ago
US hedge fund manager Paulson has slashed its European headcount, but sources say that the streamlined team remains dedicated to credit management -
European loan specialist leaves sell side to join Black Diamond
8 years ago
Black Diamond Capital Management has added a European loan specialist to its team in London -
New distressed debt manager brings in high profile credit trader
8 years ago
Former BAML prop trader joins London-based fund manager ahead of launch -
Guggenheim clocks distressed debt chance as US defaults tick higher
9 years ago
US credit managers are preparing for a spike in US defaults by allocating resources to their distressed-debt businesses -
PM leaves Stone Lion to reunite with former UBS colleagues
9 years ago
A distressed debt specialist has left troubled Stone Lion in order to link up with former colleagues who ran the special situations group at UBS -
Lutetium uses redemption requests as catalyst to liquidate hedge funds
9 years ago
Caught between a rock and a hard place, Lutetium liquidates two credit funds -
Investcorp partners with ex-Lehman chief for Italian distressed strategy
9 years ago
Former Lehman banker teams up with Bahrain-based alternatives manager -
Newfleet hires distressed debt PM to work on new credit fund
10 years ago
Distressed debt portfolio manager leaves Third Avenue for rival manager -
Senior credit official leaves Marathon in New York
10 years ago
Senior portfolio manager and partner leaves his role with credit fund manager Marathon -
Apollo-backed firm appoints interim head of direct lending
10 years ago
Ex-Barclays official takes interim direct lending head role with Alteri Investors -
Manager wins $50 million from endowment for new distressed fund
10 years ago
A New York-based manager has got off to a strong start as it begins marketing its fourth distressed debt fund -
Credit hedge fund Highland sues Credit Suisse over 2008 restructuring
10 years ago
New York Post reports that Highland Capital is wrangling with Credit Suisse over Lake Las Vegas debt restructuring deal -
Credit manager Halcyon hires distressed credit specialist Damien Miller
10 years ago
Halcyon Asset Management has moved to beef up its European credit efforts by hiring former Alcentra distressed debt specialist Damien Miller -
Distressed funds watch as US borrowers struggle
11 years ago
Education Management becomes the latest borrower to cause a headache for loan managers -
Relative value trades boost distressed credit returns
11 years ago
Distressed corporate credit and structured credit were the best performing credit hedge fund categories in March
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