Do something better with your money, says manager
Credit hedge fund manager returns investors’ capital as it sees no compelling opportunities

Managers team up to form new mid-market lender
Former TCW and former BlackRock credit specialists get together to form new company

US hedge funds fight over dying credit manager Athilon
A court is expected to rule shortly on a bitter legal fight over the fate of a moribund but still lucrative credit investment vehicle

Putting on a turn: loan managers re-embrace loan total return swaps
Credit managers and investors are turning increasingly to lightly levered loan funds, as comfort with market value-based funding returns

Event-driven credit manager plans new converts fund
An event-driven credit hedge fund manager plans a new stressed convertibles fund

Leverage is back: credit funds gear up as yields decline
Some credit strategies are succumbing to the urge to add cheap leverage

New fund pulls in big bucks as credit managers turn bearish
A New-York based  hedge fund manager sees inflows accelerate into a new short credit fund

Credit hedge fund expands as it targets legacy niche
A San Francisco-based credit hedge fund manager is bringing in several new hires this month as it continues to grow

Structured note fund draws in new investors
A Frankfurt-based asset management company is planning a follow-up to its first CLO equity fund

Long-short credit fund raises capital
A New York-based manager’s credit hedge fund sees new capital and joins our listing

London-based manager targets complex credit for $300m fund
A high profile start-up gets ready to launch a new fund

Manager launches novel micro-credit Ucits fund
A London-based manager has launched a new Ucits IV compliant Asian-focused fund that aims to tap the micro finance sector

UBS CLO head lands marketing role at Ares
Former head of CLO origination at UBS Anthony Pawlowski has joined Ares Management in New York

Former GSO structured credit buyer looks to expand new firm
A new structured asset management firm is looking to staff up in the wake of securing its first mandate

Credit investor eyes move into CLO management
One of the biggest buyers of CLOs is looking to become a manager

Hedge fund makes senior hire as it targets first foray into CLOs
A US credit hedge fund manager has filled a hotly contested vacancy for a CLO buyer

Rates outlook prompts real money grab for credit default swaps
With interest rates starting to rise, real money fund managers are showing growing enthusiasm for credit default swaps

3i may target US loans in closed-end fund
London-based manager is rumoured to be in the market with a new loan fund

Eiffel long-short fund joins Creditflux listing
Eiffel Credit Opportunities fund has been added to the Creditflux credit hedge funds table under the relative value category

Active credit mutual fund liquidates after just one year
A mutual fund that pursues a credit hedge fund-like strategy has liquidated after less than a year

Capital preservation goal hits total return credit fund
European manager closes absolute return credit fund after modest returns target hampers fund-raising efforts

Credit hedge funds perform across the board
Credit hedge funds continued their steady performance through January

Volatility eases for credit funds
Year-end return data for credit hedge funds shows that the volatility that marked 2011 has subsided, and gains have increased since the beginning of 2012

Dealers are left holding ETFs as investors bolt
Investor outflow leaves credit ETF dealers with a headache

Liontrust plans Ucits fund
London-based Liontrust Asset Management is set to launch a Dublin-based Ucits credit fund