Alcentra plugs gaps as CIO leaves the firm
Alcentra’s chief investment officer has departed, with the firm splitting his responsibilities between its heads of European loans and US loans as co-CIOs 

Saranac adds private markets specialist in London
Saranac Partners has added a private market specialist from Citi 

CIFC beefs up investor relations team in London with two hires
CIFC Asset Management has hired from Muzinich and Murano in a bid to strengthen its European investor relations effort

Decalia adds ex-Morgan Stanley official to senior private credit role
Geneva-based Decalia Asset Management has appointed a lead portfolio manager for its private market funds

Beechbrook appoints chariman for Irish SME fund
The appointment is in conjunction with Beechbrook's first investment in the Irish SME fund, which held a first close in July 

Finnish life insurer assembles European loan investment business
The firm has brought over a loan portfolio manager from parent company Sampo Group to head the new unit and added a former Deutsche Bank official 

Western to launch European loan business after hiring portfolio manager
Western Asset Management is launching a European corporate loan business after hiring an experienced credit portfolio manager with a background rooted in the CLO industry

Allianz GI names CEO and head of investments as Utermann steps down
Allianz Global Investors has named Tobias Pross as chief executive officer and Deborah Zurkow as global head of investments, following the resignation of Andreas Utermann

BTIG founds European fixed income credit division and adds four traders
The London-based division will be led by Michael Carley, who BTIG hired last year as a fixed income managing director in New York

Tikehau builds private debt secondary platform with senior hire
Tikehau Capital has bolstered its private debt capabilities with the launch of a new secondaries platform

BlueBay private debt spin-off hires in credit opps following rebrand
BlueBay’s former private debt team has rebranded to Arcmont Asset Management, following the completion of its spinoff from BlueBay. And the independent entity is wasting no time in expanding its business by hiring two senior officials to oversee a new opportunistic credit strategy

Proskauer promotes eight to partner in credit
Law firm Proskauer has promoted 15 lawyers to partners in its London, New York and Boston offices – including eight who work in credit

Wilmington Trust appoints head of structured finance in the UK
Wilmington Trust has appointed Alex Pashley as head of structured finance in the UK

Mayer Brown adds leveraged finance partner in Frankfurt
Mayer Brown has appointed Bernina Butt to its banking and finance practice as partner

Man hires real estate loan specialist from JP Morgan
Man Group has hired an investment director to its European private debt team

Pemberton adds head of investor relations in London
The appointment comes at a time where the firm is looking to diversify its product offerings

Beechbrook adds ex-Lloyds official to lead deal origination in midlands
UK-based direct lender Beechbrook Capital has added a former Lloyds Banking Group official to lead deal origination in the Midlands

Credit CIO Finch leaves GLG
Simon Finch has parted ways with Man GLG, according to market sources, ending an 18-month stay at the firm where he served as chief investment officer for credit

Cordet confirms senior direct lending appointment in London
Cordet Capital Partners has appointed Rothschild’s former co-head of direct lending as its chief credit officer, following the departure of current CCO Björn Börjesson

NNIP's private debt head moves to private equity job
The team leader for direct lending, loan portfolio financing and non-performing loan securitisations at NN Investment Partners has moved to a senior private equity job at AnaCap Financial Partners

Managers have leeway even after triggering key person event, finds Ropes & Gray
Almost all credit managers offer protection to investors that key employees will continue to manage the fund’s assets throughout its life, with 95% credit funds containing such "key person clauses". But that does not mean managers have their hands completely tied

KKR bolsters global impact team
Investment firm KKR has appointed two senior professionals within its global impact team, as it looks to strengthen its geographic reach and local impact  

HSBC Global AM hires to private markets team in London
HSBC Global Asset Management has appointed Jorge Huitron to serve as senior product specialist for private markets, within its alternatives team

Dubai-based manager bolsters private debt team
Gulf Capital has expanded its regional private debt platform, Gulf Credit Partners, with the appointment of two senior professionals in Dubai

Mediobanca hires former credit derivatives trading head
Mediobanca has hired an experienced credit trader to its office in Milan