Off-the-run credits help Wasserstein outperform US high yield
Buying discounted US high yield pays off for Wasserstein, which is the top-performing US high yield fund this year

Volatility management boosts Double Haven's Asian credit fund
Hong Kong's Double Haven has outperformed the US high yield market and exhibited less volatility this year through its Asian bond fund

Fund manager with UHNWI following raises $25 million for long-short credit
An asset manager based in Florida, which has successfully sold credit funds to ultra high-net-worth individuals, has rased $25 million for a long-short credit fund

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

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

Asset management giant T Rowe Price gets boost from high yield
Baltimore-based T Rowe Price also boosted its AUM by $44.3 billion and net income by $63.1 million in third quarter 2017

Monroe's latest private credit fund reaches first close at $204.8 million
The firm's newly launched Private Credit Fund III is inching closer to its $800 million target

Sound Point fund sees inflows of $740 million over 12 months
A Sound Point Capital Management fund is creeping closer to an expected $1.25 billion soft close

Carlyle's co-founders step down as new leadership team is unveiled
The group names two Co-CEOs and a Co-CIO – but claims its three co-founders will continue to be actively engaged at Carlyle

Insurer announces 51bp operating expense hike for debt securities fund
Pacific Life Insurance Company has announced a subadvisor swap and sharply increased expenses on its Inflation Strategy portfolio

Riverstone debuts new credit strategy
Riverstone Credit Partners has launched a new credit strategy but has yet to make sales, regulatory filings reveal

The Hartford reports hurricane-related losses for Q3
The Hartford suffered net income outflows of $204 million and core earnings losses of $191 million in third quarter 2017, citing natural disasters as a cause

Anchorage raises $43.5 million for short credit strategy in 12 months
New York-based Anchorage Capital Group has raised a total of almost $45 million for its short credit strategy in a year, according to US SEC filings

CVC hires Nomura's head of credit structuring for senior CLO role
CVC has hired a global head of CLO origination to join its New York office

Hermes wins $400 million mandate to show investing ethically really is worth it
Hermes Investment Management has won a $400 million mandate to oversee a global high yield credit portfolio on behalf of Swedish pension fund giant Första AP-Fonden (AP1)

ICG hires to its US marketing team
A few months after hiring a managing director for the western region of the US, ICG now hires for the southern states

Angel Oak poaches west coast portfolio manager from Wells Capital
Atlanta-based Angel Oak Capital Advisors has appointed a new portfolio manager in its Seattle office, according to a company announcement

Taconic raises $600 million for European credit strategy
New York-based institutional investment firm Taconic Capital Advisors has raised $600 million in commitments for a European credit dislocation strategy, according to market sources

Pimco fund edges closer to $5 billion hard cap with new pension fund injection
Pimco's special situations fund, already above $3 billion, has picked up fresh inflows from a Pennsylvania pension fund

Partner leaves Ares's credit group after almost 20 years at the firm
A former fund and CLO portfolio manager, who had spent the last couple of years working in a business development role, has left Ares's Los Angeles offices    

Seasoned credit specialist swaps River Birch for Guggenheim Securities
Guggenheim Securities has poached Jim Seery from credit fund manager River Birch Capital

LA pension fund monitors high yield manager Aegon amid SEC investigation
The Los Angeles City Employees Retirement System (Lacers) is currently monitoring its high yield manager Aegon, which is under SEC investigation

CLO-savvy insurance company hires two for top credit investment roles
An insurance company, which has made a name for itself in supporting CLO managers with risk retention capital, has made a pair of big hires to its credit investment business

Ohio pension fund drops Penn after rewriting its allocation to high yield
The Ohio Police and Fire Pension Fund (OP&F) decided last month to drop Penn as part of its decision to downsize the high yield asset class, according to a fund announcement

Guggenheim raises $200 million for opportunistic credit vehicle
Guggenheim has raised $200 million for a new opportunistic credit fund, which is backed by three investors to date