Blackstone hires ex-Lazard co-head of US financial institutions
Joseph Cassanelli will work on the team behind Blackstone’s Tactical Opportunities strategy, which allows Blackstone to invest across asset classes, industries and geographies

Turning Rock hires head of credit
The new head of credit joins from Z Capital Group, where he oversaw both funds and CLOs

Allianz GI eliminates role after head of direct lending exit
Nadia Nikolova leaves after spending 11 years working for the asset management arm of insurer Allianz; team will now report to CIO for private credit  

Greenberg Traurig adds private funds lawyer from Clifford Chance
The new hire is part of the firm’s effort to grow its corporate private funds group

Millenium-backed Lane42 launches public-private credit strategy
The new firm also made a series of senior hires that previously worked at Apollo, Oaktree Citadel, Oak Hill, and Kirkland

Former Platinum Credit MD joins multi-manager platform Schonfeld
Jordan Stevens previously served as a senior credit deal lead for Platinum Equity’s private credit platform

Cleary hires Goldman Sachs MD for capital solutions, private credit
The law firm welcomed back the partner to focus on private credit originations

Credit funds at a glance – April 2025
Our roundup of top performers and moves in credit

Canadian manager SAF launches private ABF strategy with hire from RBC
The new managing director spent 20 years working at RBC Capital Markets

Crescent taps Jason Breaux for head of private credit
Breaux will also continue to serve as CEO of Crescent Capital’s business development fund

Squire Patton Boggs boosts funds capabilities with recruitment of fund formation specialist
Cassandra W. Borchers has joined the firm as a partner from Thompson Hine

ABF specialist Balbec names new CEO
Peter Troisi to take the helm as Charles Rusbasan transitions to an executive chairman role

26North hires direct lending MD from H.I.G. Capital
The new managing director previously spent more than 3 years working for H.I.G. Capital

Squire Patton Boggs hires global head of private credit and direct lending
The newly created position is being filled by a former partner at Polsinelli

Maryland pension PM joins Nomura’s public-private credit manager
The company is also looking to hire two more investment professionals

Ballast Rock enters private credit market with new hire
The Charleston-based investment management firm has hired a private credit portfolio manager

Steven Cohen's Point72 makes private credit hires from Linden and Carlyle
EXCLUSIVE: The hedge fund has hired Linden Partners’ co-head of the structured capital fund for the new private credit team, also hired a principal from Carlyle

Bayview launches fund finance unit with new hires from 17Captial and JPMorgan
The asset manager has hired Michael Timms and Colin Doherty to co-head new strategy
   

PGIM Fixed Income poaches Blackstone exec for private ABF effort
The firm is building a dedicated asset-based finance platform

Andalusian Credit hires CFO replacement from Hercules Capital
The firm also made a hire to help source deals in the entertainment and media sector

Moody’s names global head of private credit after Ana Arsov departure
Ana Arsov, who most recently held the position, has left the firm

AIMCo private markets head departs as New York office shutters
The New York office, open for just a year, was established last February to accelerate the growth of the institutional investor’s private credit portfolio and source investments

Former Fortress Partner joins Star Mountain
The new managing director Cohan joins the investment team and will be based on the west coast  

Cresset sells private credit portfolio to StepStone, spins out private investing biz
Cresset’s head of private credit and other members of that team are not joining StepStone and will not be part of the private investing spinout 

Moelis hires from Jefferies for private funds global head
Moelis & Company has nabbed Matt Wesley from Jefferies to lead the private funds advisory business