Onex raises capital for new direct lending strategy
Onex Credit is making rapid progress in raising its inaugural direct lending fund, after hiring Goldman Sachs's Walt Jackson to set up this business in 2016

FRN specialist returns to Mizuho after leaving Deutsche Bank
Mizuho says that Traci Creange has re-joined its fixed income team as head of US floating rate note credit trading

BTIG raids rivals for high yield and distressed talent in New York
BTIG has added three more professionals to its team – taking its tally to 17 hires in fixed income since the start of the year

BlueMountain appoints director of research in New York
Alternative credit specialist BlueMountain Capital Management has announced that Michael Mouboussin is joining the firm in the newly-created role of director of research in New York

Alcentra promotes three after US loan head Lemberg retires
Alcentra has announced that one of the loan market’s best known figures, Bill Lemberg, is retiring

Distressed specialist parts company with Oak Hill
Market sources say that a distressed debt specialist has left Oak Hill Advisors in London just months after the firm held the final close on a new $2.7 billion fund

Manulife’s Hancock adds six to fast-growing mid-market team
Manulife unit Hancock Capital Management has announced six further hires for its leveraged loan team in Chicago

Direct lending hopeful Advent appoints chief of staff
$9 billion asset manager Advent has brought in a chief of staff and strategy

ICG adds loan trader to its US credit team in New York
A credit trader has recently joined ICG to work within the firm's US credit fund management team

Apidos co-founder set to join Medley as head of structured credit
One of the founding partners at CVC Credit Partners, is set to join Medley Management as head of structured credit in New York

Credit manager ICG hires west coast marketer
London-based credit manager Intermediate Capital Group has announced that it has hired a marketing specialist on the US west coast

Direct lenders look to spread their wings and cross the Atlantic
Middle-market lending is becoming a global business amid talks of JVs

Crestline hires as its fund financing business takes off
Crestline Investors has announced that it has completed $450 million in transactions for a niche strategy, which revolves around providing financing solutions to mature private equity-style funds

Deutsche Bank names head of US loan trading in New York
Deutsche Bank has appointed a head of US par loan trading in New York, according to Reuters

Ares hires from Barings for real estate debt business
Ares Management is fortifying its real estate debt business

Senior distressed specialist leaves GSO after fund closure
Shortly after shutting down its distressed debt fund, GSO Capital Partners is understood to have parted company with a senior managing director and key figure in its distressed business

Former Apollo CIO quits troubled Fifth Street after four months
Fifth Street Asset Management announced yesterday that it has parted company with a founder partner of Apollo Global Management, brought in late last year as part of a shake-up at the company

Senior distressed traders rumoured to have left HSBC in New York 
Special situations co-heads are said to have left HSBC's New York offices 

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm