Direct lenders flock to Munich as German deal flow picks up
German private debt is attracting a growing number of fund managers. Market sources say that deal flow through the first half of the year was at 65% of 2017’s total and had surpassed the number of private debt deals executed by funds in each of the previous five years

Alaska fund appoints CIO
Alaska Permanent Fund Corporation (APFC), the $65 billion sovereign wealth fund, has promoted an official to chief investment officer.

Cairn adds to its SRT investment team in London
Cairn Capital has appointed Chris Cottrell as senior investment analyst

Cheyne hires ex-BlueBay official to its new loans business in London
Cheyne Capital Management has finalised the formation of its strategic value credit business with Richard Cazenove joining as partner and senior portfolio manager after leaving BlueBay Asset Management earlier this year

CPPIB hires high profile European credit portfolio manager in London
Canada Pension Plan Investment Board has hired an experienced PM who previously worked on CLOs and private credit at Apollo

HarbourVest adds managing director to growing US private credit team
HarbourVest Partners has bolstered its private credit team with the addition of Karen Simeone, who joins as managing director

Private credit specialist rejoins Ares in Los Angeles
Ares Capital Management has appointed managing director Michael Zugay to its private credit team in Los Angeles 

Hamilton Lane hires business development official in Munich as it seeks DACH expansion
Hamilton Lane has appointed Martina Schliemann as principal and head of business development in the DACH region, in a bid to expand its presence in Germany, Austria and Switzerland.

Family office CIO and ex-Kimura official launch new private debt firm
The chief investment officer of single-family office and an official who previously worked at Kimura Capital have joined forces to launch an asset management business

Benefit Street Partners taps Monroe and BlackRock for private debt origination hires
Benefit Street Partners has made two senior appointments to its private debt origination team

Crayhill bolsters private credit team with managing director hire
Crayhill Capital Management has strengthened its asset-based private credit team with the appointment of a managing director in New York

Pimco adds two former Tennenbaum officials as portfolio managers
Fixed income specialist Pimco has poached former Tennenbaum Capital Partner officials Geoffrey Jones and Gabriel Goldstein

Stifel builds out leveraged finance team with big hire
The new unit will focus on origination, underwriting, and syndication of leveraged loans and high-yield securities

CVC Credit hires managing director to private debt team in London
CVC Credit Partners has strengthened its European private debt team with a hire from ESO Capital

HarbourVest adds managing director to private credit team
HarbourVest Partners has strengthened its private credit team with the appointment of a former Bain Capital Credit official 

Sunflower grows business with new ABL unit
Sunflower Bank has launched an asset-based lending and leveraged finance group

Hermes appoints head of direct lending in London
Hermes Investment Management has a new head of direct lending. The experienced official now reports into Hermes's head of private debt and CLOs, Patrick Marshall

Former CVC Credit CIO Hickey resurfaces at US direct lending firm
Steve Hickey has resurfaced at a US direct lending firm following his departure from CVC’s credit arm last year, Creditflux has learned

Churchill bolsters senior origination team with three hires
Middle market specialist Churchill has hired three principals to expand its sponsor coverage team

THL Credit adds former Golub and Balance Point execs to direct lending team
Boston-headquartered THL Credit has strengthened its direct lending team with the appointment of Fawwaz Ahmed and Troy Hebert, both of whom join as vice-president

Law firm appoints partner to co-chair debt finance practice
Law firm Foley Hoag has added Thomas Draper as a Boston-based partner and co-chair of its debt finance practice

Partners Group poaches former Guggenheim official to private debt team
Partners Group has added to its US private debt team

Clifford Chance bolsters private funds practice with New York partner
Law firm Clifford Chance has bolstered its US private funds practice with the appointment of Victor Levy, who rejoins the firm as partner. 

Crayhill hires Och-Ziff private credit specialist
Private credit specialist Crayhill Capital Management has appointed former Och-Ziff’s Sloan Sutta as managing director, the firm announced 

Mayer Brown expands credit fund capabilities with New York partner
Global law firm Mayer Brown has boosted its credit fund formation practice with the appointment for Aubry Smith