Investcorp brings long-short manager onto its hedge funds partnership platform
Alternative invesmtent manager Investcorp has announced its strategic partnership with Steamboat Capital Partners through its Hedge Funds Partnerships platform

Alcentra hires former BlackRock US loan and CLO chief
Alcentra has announced the appointment of Leland Hart as managing director and head of US loans and high yield

Pimco interval fund seeks SEC order allowing it to issue further share classes
The Pimco Flexible Credit Income Fund has sought permission from the SEC to issue further classes of shares

ICG names its first US-based non-executive director
Intermediate Capital Group (ICG) has announced the appointment of Amy Schioldager as a non-executive director, with effect from 25 January

Fidelity International names new global head of asset management
Fidelity International has confirmed the appointment of Bart Grenier to the newly created position of global head of asset management in London, a spokesperson confirms

Credit markets ignore geopolitical exposures, suggests Guggenheim
Global credit spreads have spent 2017 tightening, but markets may be ignoring certain risks, according to Anne Walsh, chief investment officer for Guggenheim’s fixed income unit

Goldman Sachs BDC and university endowment extend JV’s investment period
A joint venture between Goldman Sachs BDC and University of California Regents has extended its investment period for two months, regulatory filings show

Ex-Millennium credit chief to start new hedge fund following Englander dispute
Former Millennium Management credit chief Michael Gelband will start a long-anticipated hedge fund known as ExodusPoint Capital Management, in the next six months, according to a Bloomberg report

Rule delay frees managers to continue selling
The US Department of Labor’s fiduciary rule were officially pushed back until 1 July 2019. That means selling funds into IRAs should be easier - for now

Aviation debt funds achieve lift-off as airlines look to replenish fleets
Funds and financing solutions geared towards aviation debt have been taking off in recent weeks.

Engineering and construction: diversification leads to deepening debt
In trying to build a more global roster of clients, some construction companies may have dug a hole for themselves

Fishknife classified advertising
Classified ads

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

BlueBay fund loses over $50 million in 18 months
BlueBay’s Credit Alpha Long Short fund strategy has shrunk by over $50 million since May 2016, Creditflux understands

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

US manager to transition subadvised high yield fund to Amplify ETF platform
A fund owned by AdvisorShares and managed by credit manager Peritus will transition to the Amplify ETF Trust, which is sponsored by Amplify ETFs

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

Two Benefit Street credit funds close at hard cap
Benefit Street Partners has announced the final closing of its fourth flagship fund, Benefit Street Partners Debt Fund IV, as well as a close of its inaugural Benefit Street Partners Special Situations Fund

SkyBridge unveils $129 million of new investments with two firms
Two of the New York manager's fund of funds switched up their holdings in third quarter 2017, investing about $129 million collectively in two funds while apparently dropping four others between them

East coast manager with niche focus raises $100 million for new credit fund
A New Jersey asset management firm with a focus on the “life-contingent” asset class has launched a new credit fund

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

Deutsche AM corporate bond fund to liquidate by mid-March
Deutsche Asset Management is pushing forward with the liquidation of its High Income Opportunities Fund, with final liquidation distributions expected to be made in about three and a half months

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