Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Evangeline Lim departs from Arini and retires from CLO industry
Arini's head CLO PM Evangeline Lim is leaving Arini, triggering a shak-up that sees the firm's deputy CLO PM Ben Rothberg replacing her

JP Morgan CIO PM finds his way to ABL fund
Doug Nicholson, a portfolio manager in the chief investment office at JP Morgan for over 15 years, has jumped to a buy-side private credit firm

KBRA hires Scott Duggal as it raids buy-side, sell-side, and journalism
Ratings agency KBRA has turned to the buy-side, sell-side, and journalism for a raft of senior hires in Europe

Cahill grows private credit practice with hire from Orrick
Law firm Cahill Gordon & Reindel turned to Orrick to find a new partner for its growing private credit practice

Chorus expands SRT origination team
SRT specialist Chorus Capital has hired Penny Tan as a director and senior originator from ArrowMark Partners 

Blackstone’s head of liquid credit Rob Zable set to leave firm
One of the biggest names in the CLO world is making a change, with Rob Zable leaving Blackstone by the end of the year

Comvest reshuffles credit leadership as Falk steps back
Michael Falk, Comvest Credit Partners' co-founder and chief executive officer, has now assumed the role of executive chairman

White Oak expands ABL unit with addition of new managing director
White Oak hires Matthew DeBernardo to help generate new business across the US in asset-based lending and factory facilities   

Paul Hastings hires partner from Simpson Thacher & Bartlett
New York-based Ismael Duran will join the Paul Hastings’s finance and private credit practices from Simpson Thacher & Barlett 

GoldenTree taps PNC alumni Punhani for private credit team
GoldenTree has hired Avineet Punhani as a principal on the firm's private credit team as the asset managers seek to grow the business

Davis Polk hires three fund formation lawyers from Debevoise
Law firm Davis Polk is growing its investment management practice with the addition of three new partners joining in New York

Credit funds at a glance
Top performers, recent hires and recent fundraising

Milbank swoops to rebuild European CLO team with major new hires
Milbank has hired a CLO specialist as a partner in its Alternative Investments group, who will join the firm along with a significant team

Paul Hastings hires structured finance partner in London
Paul Hastings has hired a new structured finance lawyer who specializes in bespoke asset-backed finance transactions

Apollo picks up two hires from Bank of America
Investment bankers Tomasz Gruszka and Murad Khaled have joined Apollo and an affiliate from Bank of America

Reed Smith hires Winston & Strawn CLO lawyer
The recruitment of a New York-based partner will help Reed Smith build out the law firm's CLO and ABS capabilities

Churchill hires from FS Investments to grow wealth channel
New York-headquartered Churchill Asset Management has hired a new managing director and head of investor relations, retail & wealth 

CLO manager Boswell leaves Ninety One for HPS
Jeff Boswell has departed Ninety One to manage European CLOs at HPS

Nuveen hires CLO veteran from Apollo
An Apollo managing director is joining Nuveen in August to be the head of CLO capital markets and structuring 

Ex-Sculptor veterans launch new asset-backed firm Indago
Sculptor alumni led by Akhil Mago have kick started Indago to invest in asset-backed finance and CLOs

New direct lending business formed after management buyout
503 Capital Partners, a new direct lending business, has been formed as part of a management buyout of Tortoise Capital Advisor's private credit arm

Star Mountain hires Fortress alumni in scaling strategy
Star Mountain Capital, a lower middle market direct lending firm, has hired a new strategic portfolio officer

CLO veteran departs Bain
Bain Capital has lost a managing director and CLO portfolio manager 

CIBC hires new head of structured credit sales
The Candian bank has added a veteran CLO banker to its growing team