Dechert adds two partners for private funds, rated note capabilities
The two will bring expertise to help credit managers navigate the formation of private funds, rated funds, CLO equity funds and derivatives

Mayer Brown recruits Dechert’s co-heads of global leveraged finance
The two new hires will join as partners in Mayer Brown’s global leveraged finance and private capital practice

Carlyle snags Goldman’s Alex Chi for head of direct lending
Chi most recently served as co-head of Americas private credit at Goldman Sachs Asset Management

CalPERS hires Dutch pension alum to head private debt
The new hire fills the empty seat left by Jean Hsu, who retired from the position last year

CalPERS global head of private debt reappears at Antares
The retired investment professional joins the board of Antares’ BDCs

Bain taps veteran of DWS, Blackstone Credit for global credit COO role
The firm created the new role as the global credit platform scales

Monroe hires ex-Nuveen senior MD for head of capital formation
The new hire will lead Monroe’s fundraising strategy in the Americas

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

M&G strengthens European structured credit with Madrid appointment
The hire is part of M&G’s strategy to expand its European origination and research capabilities, supporting the growth that M&G expects to see in structured credit

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

Paul Hastings recruits investment funds partner in London
Catherine Gokah joins the firm from Kirkland & Ellis

M&G expands direct lending origination team with new hire in the Netherlands
M&G Investments is expanding its direct lending team with the appointment of Gijs Boumans in a newly created role, based in Amsterdam

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