Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Credit manager wins $200 million mandate from Texas pension fund
A west coast asset manager will be responsible for a separate account which will invest opportunistically across the credit market

Imperial Capital adds high yield specialists in New York
Imperial Capital has taken on two senior high yield specialists in its New York office, according to an announcement

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Energy credit head takes on bigger role at GSO in New York
Dwight Scott has been promoted to president of GSO Capital Partners in New York, according to Bloomberg

Carlyle poaches credit specialist from HPS in New York
Carlyle Group is continuing to pump resources into credit with the firm announcing that it has hired a head of credit opportunities based in New York

Deutsche Bank withdraws job offer for top fixed income role, says report
In an unusual turn of events, Deutsche Bank is reported to have rescinded an offer to hire a top credit specialist to the role of head of fixed income, reports Business Insider

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

Fund of fund manager allocates to Rose Grove Capital credit funds
One of the most active fund-of-fund managers in credit has recently invested with Rose Grove Capital, according to regulatory filings

FRN specialist returns to Mizuho after leaving Deutsche Bank
Mizuho says that Traci Creange has re-joined its fixed income team as head of US floating rate note credit trading

Mid-west pension fund approves credit allocations to KKR and Avenue
A mid-west pension fund has upped its allocation to KKR’s latest direct lending strategy

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

T Rowe Price launches US high yield fund after taking on Henderson team
T Rowe Price Group has raised a US high yield fund, which will follow a total return investment strategy.

BTIG raids rivals for high yield and distressed talent in New York
BTIG has added three more professionals to its team – taking its tally to 17 hires in fixed income since the start of the year

BlueMountain appoints director of research in New York
Alternative credit specialist BlueMountain Capital Management has announced that Michael Mouboussin is joining the firm in the newly-created role of director of research in New York

Ivy wraps around PineBridge for new high yield credit fund
Fund operator Ivy Investment Management Company has announced that it has partnered with PineBridge Investments to produce Ivy PineBridge High Yield Fund

Direct lending hopeful Advent appoints chief of staff
$9 billion asset manager Advent has brought in a chief of staff and strategy

Eaton Vance targets global credit with new Ucits fund
Eaton Vance Management has announced the launch of Global High Yield Bond Fund

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

Crestline hires as its fund financing business takes off
Crestline Investors has announced that it has completed $450 million in transactions for a niche strategy, which revolves around providing financing solutions to mature private equity-style funds