GoldenTree, KKR and StepStone earn sub-advisor roles for new interval fund
FS Investments is launching a multi-strategy interval fund and has chosen GoldenTree Asset Management, KKR Credit and StepStone Group to act as sub-advisors

Dentons brings in derivatives lawyer as partner
Global law firm Dentons has added Alice Yurke as partner in its capital markets practice, the firm announced yesterday

New Mountain poaches former Partner's Group private debt vice president
New Mountain Capital has poached former Partner’s Group private debt vice president Thomas Libretto as director in New York

London-based boutique manager launches emerging markets Ucits fund
EG Capital Advisors takes bottom-up approach for $75 million emerging markets high yield Ucits fund

BlackRock's iShares contribute to strong AUM growth despite volatile quarter
BlackRock has reported a 17% year-on-year growth in AUM at the end of first quarter 2018, as well as a 28% year-over-year growth in first-quarter earnings

Market's newest ESG bond fund targets Australian and New Zealand investors
Less than two years after launching an equity version, Dimensional has unveiled a sustainable bond fund for investors in Australia and New Zealand

Lazard builds out alternatives platform with new MD hire
Lazard Asset Management has named a new managing director: David Gibson, who spent two decades at DE Shaw

Alternatives firm hits $1.3 billion for opportunistic credit hedge fund
Alternative investments firm Varde Partners is on a roll: it has raised at least $1.29 billion for its opportunistic credit fund Varde Investment Partners, Creditflux has learned

Minneapolis manager hits $1.5 billion in sales for credit strategy
The firm has reached $1.5 billion in sales for a credit fund, indicating sales of $500 million in a single year

Palmer Square hires COO from Scout after surpassing AUM milestone
Palmer Square Capital Management has hired Scott Betz as chief operating officer, following the firm surpassing $5 billion assets under management

Managers change on $4 billion worth of Fidelity funds ahead of PM's retirement
Veteran Fidelity portfolio manager Matthew Conti is expected to retire in December. In anticipation, several Fidelity credit funds worth a combined $4 billion are shaking up their management mix

Strategic Partners' infrastructure fund closes at $1.75 billion
Blackstone’s secondary and fund solutions business, Strategic Partners Fund Solutions, has announced the final closing on the hard cap of $1.75 billion for Strategic Partners Real Assets II

Quant giant AQR launches first fixed income fund
Quant specialist AQR Capital Management has entered the fixed income world, launching a new product called the Core Plus Bond Fund

A credit market in constant flux
Since Creditflux's launch in 2001, we've reported on CLO evolution, trendy new products, regulatory U-turns, and, of course, crashes. Which, we wonder, is coming next?

Credit Suisse fund to liquidate following underperformance
Credit Suisse is liquidating the Credit Suisse Commodity Access Strategy Fund, which invests mostly in bonds

Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Drug makers: desperately seeking pain relief
With Teva’s profitable Copaxone being undermined by cheaper alternatives, the company is in need of a pick-me-up. By Euan Hagger

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

OppenheimerFunds chief executive resurfaces at smaller rival
A senior figure has left OppenheimerFunds and is now chief investment officer at Hirtle Callaghan & Co

White Oak acquires interest in municipal credit fund manager FCO
White Oak Equity Partners, which purchases interests in alternative asset managers, has acquired a minority interest in alternative municipal strategy specialist FCO Advisors

Waddell & Reed names former Ameriprise professional as COO
Waddell & Reed Financial has appointed former Ameriprise professional Elizabeth “Beth” Hansen as senior vice president and chief compliance officer of its distribution subsidiaries, Waddell & Reed and Ivy Distributors

Canada’s Fiera generates 10% AUM growth in 2017
Montreal-based asset manager Fiera Capital Corporation has increase its assets under management by 10% year-on-year and grown its annual revenues by 33% on a year-over-year basis, its latest financial report reveals

T. Rowe to reduce assets and change investment objective for bond mega-fund
T. Rowe Price is seeking to change the investment objective on its $2.65 billion International Bond fund – while also reallocating $850 million in assets away from the fund

Columbia unveils new Luxembourg-domiciled global credit strategy
Columbia Threadneedle has unveiled its newest credit fund, which will emulate the investment approach taken by its €2 billion predecessor fund