Newly added fund puts in spectacular returns
A new addition to our list of credit funds is the Alegra ABS I CLO Fund from Zurich-based Alegra Capital 

Structured rebound drives blistering returns for 2010
With full year returns data now in from most funds, it is clear that 2010 was a year of blistering performance for credit hedge funds 

Austrian manager launches first fund in four years
A Vienna-based alternative credit manager is looking to build on its strong performance in 2010 with a new structured credit fund 

CLO specialist adds assets under management
A London-based firm has become one of the world’s biggest active investors in CLOs

BDC deleveraging goes into reverse
Business development companies have begun to increase their leverage again after nearly two years of paying down debt

Manager plans son-of-SIV low-risk credit fund
A London-based credit fund manager is working on an ambitious new plan to channel investors’ cash holdings into high grade structured finance assets

Retail loan fund inflows leave some behind
Leveraged loan mutual funds may be attracting huge retail inflows, but not all managers are benefiting

Key investors force Primus to drop novel expansion plans
Primus Guaranty was in advanced stages of an ambitious plan for a new kind of protection seller, it has emerged

Credit hedge funds achieve spectacular monthly returns
Several credit hedge funds put in spectacular performances in September

US pension funds get set to invest billions in loans
Several large US pension funds are close to announcing big investments in leveraged loans, according to managers in the asset class

Ucits III credit universe grows
The number of Ucits III credit funds continues to grow, with a number of credit managers thought to be planning new products in this European Union-wide format

New credit BDCs rush to tap the equity markets
At least half a dozen firms are looking to set up business development companies to invest in credit

Aviva to launch absolute return credit funds
Aviva Investors is planning to launch its first absolute return fund in credit in early 2011, according to London-based credit head Mark Wauton

First Ucits III credit fund takeover
A London-based manager plans the first takeover of a Ucits III credit fund.

Structured credit funds put in strong performance
Most categories of credit hedge funds put in a positive performance in August, but there were few of the spectacular rises in net asset value seen in previous months.

Credit managers tap into new source of capital
Credit managers are having success finding new investors for closed end funds.

French bank teams up with manager
A French bank is understood to be working with a London-based credit fund manager on a new fund through which it will off-load part of its structured credit book.

Manager lifts gates on long-short credit fund
A London-based credit manager has lifted the redemption restrictions on a fund it recently took over 

Mid-market loans holdings surge in second quarter
The amount of mid market loans managed by business development companies (BDCs) surged by 23.5% in the second quarter of this year

Investor snubs Carlyle with separate account switch
An investor switches the manager for its unlevered loan account

Private equity firm takes a hit on sale of credit derivative company
A firm’s decision to sell its stake in one of the first credit derivative product companies is unlikely to herald a wave of consolidation in the sector

US manager launches Ucits III credit fund
Western Asset Management, the fixed income arm of Legg Mason, has become the latest asset manager to launch an absolute return credit fund in Ucits III format

Asian manager launches new structured credit fund
An addition to Creditflux’s listing of credit hedge funds is the Oracle Structured Credit Segregated Portfolio 1, the first fund launched by new manager Oracle Capital

Thin volumes hit credit hedge funds in June
Out of the 46 credit hedge funds in our monthly performance list, 25 put in a negative performance in June

Credit hedge fund trader founds artificial intelligence consultancy
A former sell-side credit market pioneer has recently founded a new company