KKR announces new co-CEOs as Kravis and Roberts step down
KKR has announced the appointment of its second ever pair of co-chief executive officers, effective immediately, replacing co-founders Henry Kravis and George Roberts

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

CIFC looks to have another crack at direct lending
CIFC Asset Management is exploring the possibility of building out a direct lending business for a second time, with chief executive officer Steve Vaccaro telling the audience at Creditflux’s CLO Symposium that the firm is looking to broaden its business

Big name family business lines up corp hybrids fund
Edmond de Rothschild Asset Management (Edram) plans to launch a corporate hybrid fund and has hired Alex Eventon to lead the effort

Squarepoint takes over from CSAM as it supports star trader's new long-short credit fund
Arini, led by highly regarded former Credit Suisse trader Hamza Lemssouguer, has found support in Squarepoint Capital as it launches its first European credit fund

Senior credit PM departs M&G after 20 years to join Insight
Insight Investment has hired a senior portfolio manager within its strategic credit team from M&G

Co-head of Blackstone's GP stake-buying business to join Angelo Gordon
Angelo Gordon has snapped up a big name from Blackstone

Stifel hires head of leveraged finance capital markets in new role
Stifel Financial has hired to a newly created role of managing director, head of leveraged finance capital markets in New York

GIB brings in ESG expert for fixed income expansion
GIB Asset Management has hired from Abrdn as it looks to grow beyond emerging market credit and index strategies 

Barclays fills gap by hiring global macro credit trading head in New York
Banks are moving quickly to make sure they are staffed up in credit trading with Barclays bringing in an experienced trader in New York

Hildene hires business development head from One William Street
Hildene Capital Management has hired a new head of business development

Latham & Watkins hires partner in structured finance team
Latham & Watkins has hired a Chicago-based partner to its structured finance practice

Deutsche Bank adds credit trading head to US build out
Deutsche Bank is looking at the next phase of its US development with the hire of a credit trading head from another bank 

Monroe hires head of Asia as it opens Seoul office
US private credit firm Monroe Capital has hired a head of Asia to expand its presense in the region

Brigade adds RMBS specialist to its ranks
Brigade Capital Management has strengthened its structured credit team by hiring an RMBS and ABS specialist 

Alcentra's head of European direct lending set to leave
Alcentra’s head of European direct lending is set to part ways with the firm at the end of September

La Francaise adds two portfolio managers in European high yield
La Francaise says it has hired two portfolio managers to its high yield team in Paris

Intriva adds to asset management build up with senior hire
Intriva Capital, a mid-market lender and alternative investment firm, has hired a senior asset manager from HIG Capital

Bank's macro credit trading head lands buy-side job at Citadel
An experienced credit trader at a large US bank has taken on his first buy-side role 

Millennium senior tranche trader jumps to Verition
An experienced synthetic structured credit trader has left Millennium Management in New York to join Greenwich headquartered Verition Fund Management

Fidelity adds senior hire from Madison Capital to new direct lending team
Fidelity Investments has hired a former managing director at Madison Capital to its new direct lending team

B. Riley hires ex-Jefferies high yield head and plans fixed income expansion
B. Riley Securities has hired Tim Sullivan as head of fixed income with the firm expanding its fixed income division

JP Morgan AM taps Wells Fargo duo to lead private debt expansion
JP Morgan Asset Management has extended its private credit business with a new global performing credit group, hiring former Wells Fargo Asset Management officials as co-heads 

RBC hires ex-Citi structured credit sales head for alternatives push
RBC Capital Markets has hired Citi's former European structured credit sales head to lead its European alternatives and private capital solutions effort

Goldman builds out exotics strategy amid tranche market high
The index tranche market is gaining support, with Goldman Sachs adding to those building up their presence, officials at the bank confirm