Crescent hires former NewStar official as managing director
Crescent Capital Group has appointed NewStar Financial's former capital markets head as a managing director, the firm has announced

Ullico sets up fixed-income investment platform
Ullico has launched a US fixed income management firm, UIA Investment Management (UIA-IM), in a bid to expand its range of services and client base by including a broader range of institutional clients.  

Eaton Vance adds former Janus Henderson official as credit portfolio manager
Dónal Kinsella joins as institutional portfolio manager for the firm’s corporate credit strategies

Pension fund Velliv hires chief strategist
Velliv (formerly known as Nordea Life & Pension) has appointed Henrik Henriksen as chief strategist, which is a new role within the organisation  

Man Numeric launches credit platform and appoints co-heads of credit
Man Numeric, the quantitative investment business of Man Group, has launched a new credit unit and appointed two officials to lead the business

UK pension fund adds portfolio manager for alternative credit
Pension Protection Fund, the south-London based pension fund, has appointed a portfolio manager to its credit team. He joins from consultancy firm Mercer

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

HSBC Global hires two high yield portfolio managers in London
HSBC Global Asset Management has hired two experienced portfolio managers to join its fixed income team

CIFC hires team of four for distressed credit push
CIFC, a manager specialising in US corporate and structured credit, is building out its distressed debt capabilities with four senior hires in anticipation of a maturing credit cycle

GAM appoints former DWS official as global head of trading
Zurich-headquartered GAM Investments has appointed an ex-DWS trading head to the newly created role 

Invesco adds two fixed income ETF portfolio managers in London
Invesco has bolstered its European ETF fixed income team with two hires in London

Cairn makes ESG and senior credit research appointments
Cairn Capital has signalled its commitment to environmental, social and governance with the appointment of a head of ESG

Calpers appoints CIO
California Public Employees Retirement System (Calpers), the $360 billion pension fund, has appointed Yu Ben Meng as chief investment officer.

BTIG brings in high yield and distressed sales specialist
BTIG has strengthened its credit team with the appointment of a managing director focused on high yield and distressed sales

Loan trader reunites with former ECM colleagues at Muzinich
Muzinich & Co has poached European high yield specialist Paul Suter

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

Ares brings in credit portfolio managers from DoubleLine and Pimco
Ares Management has bolstered its liquid credit team with the appointment of Jason Duko and Kapil Singh, who join as partners and portfolio managers

Orchard hires former UBS credit index options and tranches global head
Orchard Global Asset Management has hired an ex-UBS senior correlation trader as a portfolio manager in London

Loomis Sayles makes global fixed income senior role changes
Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team will retire in March 2019  

Neuberger Berman picks up fixed income investing team from BNP Paribas AM
Neuberger Berman has bolstered its European fixed income team with the appointment of six professionals from BNP Paribas AM

Baker McKenzie adds two global finance partners in London office
Global law firm Baker McKenzie has bolstered its finance team with the addition of two partners in the London office

TwentyFour expands into US with head of US credit appointment in New York
TwentyFour Asset Management has appointed David Norris as head of US credit to lead the firm’s expansion into the US

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

King & Spalding adds debt specialist as partner in its Chicago office
Global law firm King & Spalding has appointed Amy Peters as partner in its corporate, finance and investments practice group

Nomura hires EMEA flow credit trading head following departures
Nomura has hired John Gousias to head its flow credit trading business in Europe, the middle east and Africa