Lazard builds out alternatives platform with new MD hire
Lazard Asset Management has named a new managing director: David Gibson, who spent two decades at DE Shaw

Direct lender taps talent from Gallatin, GSAM and Abbott for senior roles
Owl Rock Capital Partners has welcomed three new senior hires, including a chief compliance officer and two managing directors

Palmer Square hires COO from Scout after surpassing AUM milestone
Palmer Square Capital Management has hired Scott Betz as chief operating officer, following the firm surpassing $5 billion assets under management

Credit portfolio manager leaves event-driven fund manager
A credit opportunities portfolio manager has left event-driven investing firm Water Island Capital

Managers change on $4 billion worth of Fidelity funds ahead of PM's retirement
Veteran Fidelity portfolio manager Matthew Conti is expected to retire in December. In anticipation, several Fidelity credit funds worth a combined $4 billion are shaking up their management mix

OppenheimerFunds chief executive resurfaces at smaller rival
A senior figure has left OppenheimerFunds and is now chief investment officer at Hirtle Callaghan & Co

Waddell & Reed names former Ameriprise professional as COO
Waddell & Reed Financial has appointed former Ameriprise professional Elizabeth “Beth” Hansen as senior vice president and chief compliance officer of its distribution subsidiaries, Waddell & Reed and Ivy Distributors

Goldman drops New Mountain and makes a new hire in subadvisor switch-up
The Goldman Sachs Multi-Manager Alternatives fund has switched up its suite of subadvisors, with New Mountain no longer managing event driven and credit strategies for that fund

BNY Mellon AMNA taps former Fidelity VP for investment strategy role
BNY Mellon Asset Management North America (BNY Mellon AMNA), which formed last month, has appointed a former Fidelity Investments professional to a senior investment strategy role

New chief executive and president named on $160 million Guggenheim fund
A Guggenheim Partners fund has named a new president, chief executive officer and trustee following the passing of Don Cacciapaglia in December

Monroe hires vice president in investor relations team
Chicago-based direct lender Monroe has appointed Ryan Flanders as a vice president in its New York office

Former Merrill Lynch US loan head takes on new role at New York-based direct lender
A 30-year loan veteran is taking on his first buy-side role at a US direct lender

Pimco hires United Nations director in move to expand ESG capabilities
Fixed income giant Pimco has hired a former United Nations director as it builds out its environmental, social and governance (ESG) platform for investors seeking socially responsible investments.

SEC's Grim and Crovitz resurface at Washington DC law firm
Two former US Securities and Exchange Commission directors have joined law firm Stradley Ronon

Structured credit PM earns promotion as Pimco unveils new managing directors
Structured credit portfolio manager Russell Gannaway is among seven officials to have been promoted to managing director at Pimco

Three credit specialists part ways with Highland
Three officials have left Highland Capital Management in the last few weeks; a CLO trader and two experienced corporate credit researchers

AMP promotes three within infrastructure debt after fundraising success
Global investment manager AMP Capital has promoted three within its UK and US infrastructure debt team, which it says reflects the record growth of its business

EnTrustPermal makes senior hire in bid to expand aviation financing capabilities
New York-based EnTrustPermal becomes the latest asset manager to expand its aviation finance capabilities as it hires veteran aviation investor John Morabito 

Goldman Sachs’ co-president and COO Schwartz to retire
Goldman Sachs has announced that Harvey Schwartz, the group’s president and co-chief operating officer, is retiring and will step down effective 20 April 2018. David Solomon will now serve as sole president and COO

Rockefeller hires ex-Morgan Stanley official as its head of credit
Independent financial firm Rockefeller Capital Management has hired Michael Brakey as head of credit and banking in the firm’s wealth management business

Global law firm appoints credit fund specialist as partner in London
Global law firm Macfarlanes has appointed fund specialist Samuel Brooks to partner within the firm’s investment management team

Two ArrowMark direct lending MDs take their leave
Direct lending specialists Vipul Shah and Michael Novoseller have left ArrowMark Partners after three years at the firm, Creditflux has learned

Putnam hires new alternatives chief from Hutchin Hill in New York
Thomas DeAngelis has joined Putnam’s global institutional management team as director of alternatives, after less than a year at Hutchin Hill Capital in New York

Adams Street names new appointment to board of directors
Chicago-headquartered Adams Street Partners has appointed Matthew Scanlan of Angel Island Capital to its board of directors

Senior managing director parts ways with Antares
Senior managing director Chet Zara has once again parted ways with private debt manager Antares Capital, a spokesperson confirms