Angelo Gordon names two new co-CIOs
Angelo Gordon has appointed two new co-chief investment officers, according to a letter seen by Creditflux

Amundi's credit subsidiary promotes head of fixed income
Paris-based BFT Investment Managers, the credit and fixed income subsidiary of Amundi, has announced a new managing director

State Street appoints managing director in newly created Asia-focused role
State Street Global Advisors, the asset management arm of State Street Corporation, has announced the appointment of Betty Ng as managing director

NN IP hires former GE official to head corporate loans business
A Dutch asset manager has strengthened its alternative credit team

Man Group taps former Lazard professional for marketing role in Hong Kong
Investment management firm Man Group has appointed a new managing director within its institutional sales team in Hong Kong, the company announced on 13 December

Alcentra global credit strategy launches US feeder fund
Alcentra has launched a new US feeder fund for its Global Multi-Credit Solutions strategy, a regulatory filing indicates

Calpers executive set to leave the pension fund to rejoin Franklin Templeton
Wylie Tollette is leaving his role at the California Public Employees’ Retirement System (Calpers) to return to Franklin Templeton Investments, with his last day at the pension fund set for 5 January

GSAM loan portfolio manager joins fund giant for high yield role
A long-time loan PM will turn his attention to investing in high yield bonds for a firm with $4.5 trillion under management

CLO fund manager launches flagship credit strategy with $250 million target
A credit manager launched by a former UBS head has launched its flagship fund, with a target raise of $250 million, according to an investor letter seen by Creditflux

Fund management associations team up to engage with EU policymakers
The Alternative Investment Management Association has entered into a cooperation agreement with a German alternatives advocacy group

KKR promotes recent hire to its European credit business
KKR has revealed a list of promotions across its private credit strategies. They include the promotion of Matthieu Boulanger – who joined KKR only mere three months ago – to partner

Private credit allocator finds there is no substitute for the real thing
A US pension scheme is considering decreasing its allocation to private credit – and it has nothing to do with performance

Pre-insolvency arrangements: restructuring schemes set to go Dutch
Brexit-hampered UK courts could lose out as schemes of arrangement are updated in the Netherlands and Singapore

Retail sector ailments could easily turn into pandemic
Credit’s retail malady is infectious and uncontainable as retailers face up to obsolete business models

California manager drafts in former KKR vice president as CFO
A west coast firm has hired KKR's former vice president of finance. He will step into the role of chief financial officer as well as chief compliance officer

Former IR head at Minnesota alternatives firm re-emerges at Castlelake
An investor relations director who worked at an alternatives manager until April has resurfaced at another alts firm in Minneapolis, Creditflux has learned

La Française appoints head of fixed income
The French asset manager has drafted in Maud Minuit as its head of fixed income, according to an announcement

Natixis rebrands its asset management arm
Natixis has changed the name of its asset management to "better highlight its multi-affiliate business model"

Investors approve appointment of Aberdeen as advisor on Avenue fund
Shareholders of the Avenue Income Credit Strategies Fund have approved a new advisory and sub-advisory agreement for the fund

CSAM closes unit it launched to take minority stakes in hedge fund managers
Credit Suisse Asset Management is unwinding Anteil Capital Partners, the private equity unit it set up to take minority stakes in hedge fund firms, according to a market source

Alarm maker's consent fee gambit attracts attention
Bond holders agree covenant waiver to let Hellman & Friedman carry out huge dividend refi  

BDC reports $25.3 million increase in AUM
FS Investment Corporation (FSIC) has cited the “very competitive” nature of the credit market during its third quarter 2017 earnings release

Wells Fargo rewards CLO veteran with another promotion
Wells Fargo has appointed Mary Katherine DuBose as head of debt capital markets effective immediately

Payday: Investors go for broke on regulatory bet
New regulations could seriously hamper US payday lenders – but bond holders are betting the rules won’t be enacted

US investors allocate over $100 million to BlueBay credit fund
BlueBay Asset Management has picked up over $100 million of commitments from US investors for its total return credit fund