Atalaya raises $250 million for bank debt fund
New York-based alternative investment manager Atalaya Capital has announced that it has closed its third fund offering

Saba Capital hires marketing head, reports Pensions & Investments
Pensions and Investments reports that credit hedge fund Saba Capital has hired David Dwyer as head of marketing

Babson takes on credit funds and staff in Australia
Credit specialist asset manager Babson Capital has announced that it has set up a new Sydney-based team focusing on mezzanine debt in Asia

Cheyne plans Ucits III long-short credit fund, reports Citywire
London-based hedge fund manager Cheyne Capital is planning a long-short credit fund in Ucits III format, reports Citywire

Former Credit Suisse CLO head joins Dublin-based manager
Dublin-based CLO manager Avoca Capital has announced that it has hired former Credit Suisse CLO business head Clayton Perry to run business development and marketing for the firm

Primus hires for new venture
Primus has announced that Robert Lusardi has joined the firm as a senior advisor to launch a new credit protection business

BlueMountain hires for investor relations role
BlueMountain Capital Management has announced that it has hired Jennifer Strickland for investor relations    

PVE Capital adds staff and assets under management
PVE Capital has announced that it has increased its assets under management to over $300 million

Deutsche's Lippman may move to buy-side, reports Bloomberg
Bloomberg reports that Deutsche Bank’s CDO and ABS trading head Greg Lippmann may leave the bank to join a new investment firm

Eaton Vance hires for business development role
Eaton Vance has announced the appointment of a new business development director for its international business

ICE replaces clearing house head
IntercontinentalExchange has announced that it has appointed former Icap official Christopher Edmonds as president of ICE Trust US, its clearing house for North American credit derivatives

TD sues trader it blames for credit trading loss, says Bloomberg
Bloomberg reports that former TD is suing its former structured credit trading head Nabeel Naqui, who it blames for mispricing errors which resulted in a CAD96 million loss and a fine from the UK regulator

Correlation specialist leaves Creditex
A correrlation broker at Creditex in New York, is understood to have left the firm

Former GoldenTree partner rejoins Deutsche colleagues at Providence
Providence Equity Partners has announced that it has hired former GoldenTree Asset Management marketing head Oliver Wriedt for a recently established credit investment business

Thames River announces credit hire
UK fund manager Thames River Capital has announced that it has hired Dahlia Verjee as part of its global credit team

UBS hires index trading head, reports Financial Times
The Financial Times reports that UBS has hired credit index trader Brett Golledge, who left Royal Bank of Scotland last year

ICE names Biggar as head of Creditex
IntercontinentalExchange has named Grant Biggar as president of its Creditex subsidiary