US manager markets new CLO equity fund
A large US credit manager is setting up a fund of CLO equity and mezzanine that will buy in both the primary and secondary markets

Equity mutual funds push into credit trading
Equity and balanced portfolio mutual funds are becoming active in the CDS space

Managers vie for shortlisting at premier credit awards
Apollo Global, Guggenheim and Alcentra are among the managers that have secured places as finalists in next month’s keenly awaited Creditflux Manager Awards ceremony

Manager raises fund for distressed bank assets
A London-based credit hedge fund manager has launched a new fund targeting illiquid credit investments

Mid-market specialists pull in follow-on capital
Debt-focused business development companies have raised more than $700 million through secondary share sales

European buy-out specialist launches structured credit fund
A London-based firm aims to capitalise on the lack of demand for European CLO debt tranches

US hedge fund cashes in after CLO equity bet pays off
The secondary CLO market has been buzzing in the last month as CLO prices have rallied, with one hedge fund in particular said to have been a big seller

Equity hedge fund pushes into CLOs
A New York-based hedge fund is making a push into CLO investments

US equity vol funds turn to credit
Hedge funds that focus mainly on equity volatility strategies are turning increasingly to the credit derivative market

Credit hedge funds suffer losses in volatile second half
With full year data now available, it is clear that 2011 was a frustrating year for most credit hedge fund managers

Alcentra fund joins Creditflux’s listing
An addition to Creditflux’s listing of credit hedge funds this month is Alcentra Structured Credit Opportunity Fund II

Luxembourg-based manager launches trio of credit funds
After a change of owner, a credit asset management firm based in Luxembourg has plans to grow rapidly this year

US manager targets mezz for new CLO fund
A US asset manager is looking to launch a fund to invest in CLO paper, according to market sources

Credit hedge funds stage modest recovery
After the past few months of dire results, credit fund managers will be breathing a small sigh of relief at the latest sets of figures

Start-up credit hedge fund targets little tapped niche
A hedge fund set up by two structured credit specialists is looking to tap into opportunities in a niche sector of the credit market

Winters eyes structured credit opportunities
A big name hire seems to confirm rumours that the former JP Morgan big hitter is eyeing up a push into structured credit

Handful of credit funds put in strong gains
Hedge funds suffered a second punishing month in succession in September

London-based debt manager targets €250 million fund
London-based 3i Debt Management launches a credit opportunities fund seeded with €50 million from the 3i Group

Start-up high yield manager eyes distressed fund with long lock-up
Goldbridge Capital Partners plans funds to invest in high yield and distressed assets in Europe.

Mid market fund launches stall amid volatility
Recent market volatility has blocked the pipeline of new business development companies, with none of the dozen or so funds that filed for IPOs at the start of this year having sold capital in the past few months

Brutal August whacks hedge fund returns
August proved to be a punishing month for the vast majority of credit hedge funds in the Creditflux listing

Phoenix Investment Adviser ramps up institutional credit fund
New York-based Phoenix Investment Adviser is going to market with a new fund, the JLP Institutional Credit Fund

Dublin manager bought out and looking to expand
A Dublin-based structured credit asset manager is looking to expand after a management buy-out from a German bank

Investors dump credit ETF holdings
Investors in credit exchange-traded funds (ETFs) headed for the exits in recent weeks as widening spreads across indices dampened real money demand for synthetic exposure to credit

Cairn Capital fund joins hedge fund listing
New to the Creditflux hedge fund listing this month is the Cairn Special Opportunities Credit Fund