Franklin Templeton buys Alcentra in $700 million deal
Franklin Templeton has agreed to buy BNY Mellon’s $38 billion credit unit Alcentra, which will see Alcentra combined with Franklin Templeton’s US credit manager Benefit Street Partners

Fidelity International makes senior direct lending hires in private credit push
Fidelity International has been staffing up in European direct lending, with 12 additions to the private credit team that was established a year ago

Novicap names new CEO in leadership shuffle as it sets targets for credit division
Novicap, a fintech company offering working capital optimisation solutions to SMEs and mid-market corporates, has shuffled its leadership structure and set a €1 billion cumulative volume target for its credit division by the end of this year

Credit funds at a glance (May 2022)
A round up of fundraising and people moves in credit
   

Top macro credit PM will fly solo with fund launch
A new credit investment firm could soon be in the offing, following the departure of Alberto Gallo from Algebris Investments in April, suggest market sources

Pemberton hires Allianz GI official to lead new Munich office
Pemberton has opened its second German office in Munich and has appointed a former Allianz Global Investors official to lead 

Ex-Accunia CLO specialist lands at Danish firm to build structured finance platform
An ex-Accunia chief investment officer and CLO specialist has landed at Danish commercial real estate firm CBRE

JP Morgan splits global head of institutional structuring role as it promotes three
JP Morgan has rejigged part of its credit structuring business with a set of promotions for officials who have covered SRTs, CLOs and CSOs as part of cross-asset roles

Winton hires quant credit specialist as PM
Winton, a London-headquartered asset management firm that specialises in quantitative strategies, has hired an experienced trader to focus on credit alpha capture

Chorus reaches crescendo with big SRT hire
Chorus Capital says it has hired an experienced significant risk transfer official to its investment team and executive committee in London

Alantra hires two senior officials to private debt team
Alantra has hired two senior officials to its private debt team from BeSpoke and Seaport 

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

Portfolio manager leaves Hayfin after one year
A London-based official in Hayfin Capital Management's private credit team has left the firm 

Pemberton adds to credit build out with NAV financing hire
Pemberton Asset Management has confirmed an appointment to lead a new net asset value financing strategy in what marks the firm’s third new business line in five months

Federated Hermes hires official with restructuring experience to direct lending team
Federated Hermes says it has hired Christoph Lausecker as a director in its private debt team

NatWest names head of high yield syndicate and lev loans
Natwest has poached Crédit Agricole's head of high yield syndicate for a newly-created role as head of high yield syndicate and leveraged loans

CLO investor Lakemore names European business development head
US CLO equity investor Lakemore Partners has hired a managing director and head of business development Europe

Ardian expands into real estate debt
Ardian says it has created a European real estate debt business, assigning Arnaud Chaléac with oversight of this unit in Paris

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

Corum Butler hires experienced high yield portfolio manager
Corum Butler has added to its team of five bond fund portfolio managers with a Paris-based hire

York's European credit team embarks on fresh start under Fidera
York Capital’s European credit team has completed its spin out 

Willis Towers Watson promotes manager research specialist to global credit head
Willis Towers Watson has named a global head of credit for manager research

Man names co-heads for new SRT business
Man Group has appointed two Elanus Capital officials as co-heads of its new credit risk sharing strategy, which will sit in its $3.5 billion private market business

BlueBay opens Madrid office with sales director relocating to lead team
BlueBay's new office will be located within parent company Royal Bank of Canada’s Madrid office

Pemberton adds managing director in London
Pemberton has appointed a London-based managing director in its credit team