Alcentra plans launch of third US mezz fund
Credit specialist asset manager Alcentra is planning to launch its third US mezzanine fund

Credaris takes on its neighbour’s fund and staff
London-based credit fund manager Credaris has recently taken over a structured finance special opportunities fund

Pension fund pumps money into new manager
One of the biggest European pension funds has signalled its appetite for credit by putting a £400 million ($650 million) seed investment in a new global asset management business

ETF managers turn their sights on credit
Demand for credit exchange-traded funds shows no sign of abatement going into 2010, with new products continuing to come to market and meeting strong investor appetite wherever attractive yield is available

Manager expands and eyes fund launch
Structured finance boutique BroadStreet Group has hired some big names for a new London office, and is looking to raise a new fund

LBBW launches relative value fund
German bank LBBW began marketing a new credit fund to its clients last month

Ex-GLG team goes lives with European-only credit fund
A high profile team of credit trading specialists, including GLG Partners’ former credit team, have launched their first fund

Consolidation gathers pace as SG sells CSO unit
UK manager buys $2 billion credit asset management business

Convertibles specialists launch credit fund
New manager Raven Rock Capital chalked up a strong debut for its flagship fund in September, according to data compiled by Creditflux

Credit hedge funds put in strong returns
September was another strong month for credit hedge fund returns, with all but four of the funds in our listing putting in a positive performance

Brigadier Capital founders hope to repeat their success
A long-short credit hedge fund began trading last month that has a strategy and a team which may seem more than a little familiar to some investors.

Ucits credit listing launched
Creditflux this month launches the first ever listing of a new type of credit absolute return fund

Volume surge attracts newcomers to credit ETFs
Ever growing volumes of credit exchange-traded fund trading are attracting newcomers to the space, with participation broadening and firms scrambling to launch new products

Caxton-linked credit manager builds its profile
Investor interest is building around Lucidus Capital Partners’ expansion in credit following word that the new manager has grown its G2 fund with a significant influx of external money

Hedge funds make further gains
August saw gains almost across the board for credit hedge funds, according to Creditflux’s listing of monthly NAVs

Primus soars with shares up 250% since January
Shares in Primus have run up 250% since their low point in January, making it one of the best performers in terms of share price among listed credit vehicles

Hyperion buys and renames 40/86 fund
Boston-based Hyperion Brookfield Asset Management has renamed a closed-end loan fund it took over recently

Pamplona ready for ‘tremendous opportunities’ in Europe
At a time when many fund managers are still struggling to raise capital for credit hedge funds, one London-based fund manager should be the envy of many

Distressed debt specialist turns to Africa
A former Goldman Sachs and Merrill Lynch fixed income special situations banker has founded a fund manager that targets structured investments in Africa

Sun rises on credit team
Former BlackRock managing director and portfolio manager Andrew Yorks is teaming up with a boutique investment bank to launch a credit fund business

Investors bid up high yield bond vehicles
There is a strange pattern in the price of closed-end funds

Credit manager lends students a hand
London-based credit manager Cairn Capital stepped in to fund LSE’s finance summer school held last month.

Manager plans first Brazilian DIP fund
A São Paulo-based fund manager has launched what is thought to be the world’s first hedge fund targeting Brazilian debtor-in-possession loans

Ex-prop team goes live with new credit hedge fund
A new credit hedge fund manager set up by JP Morgan’s former head of credit prop trading will open its fund to outside investors this month