Freshfields appoints global co-head of private credit and capital solutions
Law firm Freshfields has hired three lawyers in London, including Paul Stewart, who will serve as global co-head of private credit and capital solutions

AlbaCore’s new hire Luke Gillam sees space for smaller private credit managers in Europe
Gillam, who started this week at AlbaCore as its new head of senior direct lending, spoke to us about the opportunities for smaller managers in European direct lending

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Nuveen Private Capital taps Ares partner for private wealth distribution
The platform encompassing Churchill Asset Management and Arcmont Asset Management, has hired Moshe Bajnon for the newly created position of global head of private wealth

Blackstone makes two senior hires for infra lending and asset-based credit
Blackstone has hired two senior managing directors to focus on infrastructure and asset-based lending as members of the greater BXCI team

Blue Owl moves to launch direct lending business in Europe
US-based asset manager Blue Owl is looking to launch a direct lending business in Europe and is interviewing deal-markers in the regions

Credit funds at a glance
Fund performance; recent fundraising; recent hires

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

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

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

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

Cheyne Capital hires head of origination
Cheyne Capital Management has hired a new managing director, head of origination and trading, for the firm's strategic value credit unit

Credit funds at a glance
Credit funds at a glance

BlackRock hires Goldman Sachs alumni for senior private debt role
BlackRock has hired a former Goldman Sachs veteran as co-head of private debt origination in France and head of origination in Spain

Fidelity U-turns on European direct lending strategy as it ditches origination in favour of third-party partnerships
Fidelity International is cutting its direct lending division in Europe, and will instead partner with third parties to offer private credit solutions going forward

Bain Capital hires North American head of special situations from Brookfield
Boston-headquartered Bain Capital has hired a partner and head of special situations in North America, as well as head of corporate special situations in Europe

Investec Bank launches private credit management team
London-headquartered Investec Bank is growing its direct lending platform with the launch of a new private credit management team

Cheyne returns to SRT market with eye-catching hire
Cheyne Capital has re-entered the significant/synthetic risk transfer (SRT) market, bringing on an industry veteran to act as portfolio manager

Paul Hastings hires Shearman & Sterling lawyer as partner in London
Paul Hastings has hired a new partner and restructuring and special situations attorney, the latest in a string of European restructuring hires for the firm  

BlackRock reshuffles European fixed income group leadership
BlackRock is rearranging its European fundamental fixed income group with a new senior-level promotion, as veteran Michael Krautzberger plans his departure

DWS head of direct lending departs
Marcus Herbig, head of direct lending at DWS, has left the firm, according to people familiar with the matter

Muzinich hires head of alternative credit solutions and strategy
Muzinich has hired Rehan Virani in the newly-created role of head of alternative credit solutions and strategy as the New York and London-headquartered credit specialist continues to expand its private credit and CLO strategies

Hayfin adds managing director in private credit from BlackRock
London-based Michaela Campbell and will be responsible for leading the private credit team’s portfolio monitoring and risk profile

Schroders Capital adds new global head of business development and product
Schroders Capital turned to ICG to source its newly-created role of global head of business development and product

Barings launches legal proceedings against Corinthia and two senior defectors
Barings has commenced legal proceedings against two former senior executives who last week defected to Corinthia Global Management