Bill Barr steps down from Och-Ziff board as firm's new CEO is named
Och-Ziff has named a new chief executive officer to succeed Dan Och, with the firm announcing today that former Credit Suisse executive Robert Shafir will step into the position

New York fixed income specialist hires two marketing officials
Fixed income specialist Ryan Labs Asset Management, a member of the Sun Life Investment Management group, has made two senior hires to its marketing and client strategy team

Tennenbaum opens new Atlanta office and makes two senior hires
Tennenbaum Capital Partners (TCP) opens new Atlanta office following the strong demand for direct lending 

Texas manager hires Lone Star’s Stahl as MD for distressed credit
Texas-based real estate private equity firm Pennybacker Capital has appointed a new managing director of distressed credit and special situations

Former Hartford ETF chief joins Chicago manager as head of funds
Northern Trust Asset Management has named Darek Wojnar, an exchange-traded fund (ETF) professional from Hartford Funds, as its head of funds and managed accounts

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

Ropes & Gray announces 33 promotions including finance and hedge fund professionals
Law firm Ropes & Gray has promoted 33 lawyers to counsel of the firm, with the attorneys representing a range of practice groups including finance, investment management, hedge funds and private investment funds

Brigade co-founder to leave the firm
Brigade Capital Management's co-founder Pat Kelly is leaving the firm, according to market sources

Highland expands institutional business team with two new hires
Dallas-headquartered Highland Capital Management today announced the hire of two institutional business development professionals, who have joined in anticipation of increased opportunities in distressed credit

Willis Towers Watson fund exchange hires new US head in New York
Willis Towers Watson’s Asset Management Exchange (AMX), an institutional asset management marketplace, has appointed a new US head

Chicago credit manager names new managing director and announces new hires
Maranon Capital has announced three hires and several promotions – including Laura Albrecht's promotion to managing director and partner

Angelo Gordon hires new global distressed debt head from GSO
New York-based Angelo, Gordon & Co has appointed Ryan Mollett as global head of distressed debt 

Direct lending firm and former MD square off in alleged computer hacking row
A co-founder of a New York direct lending hedge fund firm has accused the company of hacking into his personal computer network, according to court documents seen by Creditflux

CIFC taps former Citi CLO veteran to lead structured credit business
Jay Huang has joined credit manager CIFC as a managing director, senior portfolio manager and head of structured products investments in New York, Creditflux has learned

Co-founder of shuttered firm resurfaces at New York direct lender
A former senior executive from Torrey Pointe has resurfaced at Victory Park Capital in New York

Lord Abbett names successor after managing partner announces retirement
Lord Abbett’s managing partner Daria Foster has announced her intention to retire – and now the New Jersey-based firm has confirmed a successor

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

CEO of Blackstone's hedge fund solution platform steps aside
Blackstone has announced that J Tomilson Hill, president and chief executive officer of Blackstone Alternative Asset Management (BAAM), will be transitioning to a new role as chairman of BAAM

Florida manager taps former Hildene marketing head in IR role
III Capital Management has hired an investor relations professional from Hildene Capital Management

BTIG bolsters New York credit team with four hires
Global financial services firm BTIG has announced several hires to strengthen its fixed income credit team, with the professionals joining from UBS, Seaport, Jefferies and Stifel

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

JP Morgan AM continues ETF expansion with three new hires
Following three senior hires to its ETF business last year, JP Morgan has shown its commitment to its ETFs business with three more hires

Fund of hedge fund operator appoints new CFO and COO
Alternative investment firm Gapstow has appointed a new chief financial officer and chief operating officer, promoting internally to fill the roles

PineBridge appoints high-ranking State Street official as its COO
Global asset manager PineBridge Investments has appointed of Michael Karpik as chief operating officer, according to a statement by the firm

Seasoned credit fund manager rejoins Marathon in New York
A credit specialist has completed a circuit, returning to Marathon Asset Management after nearly 12 years away