Ex-Highland official launches private credit placement agent firm for niche strategies
The former partner and chief executive officer at global placement agent FirstAvenue Americas, has launched his own placement agent named Briarcliffe Credit Partners

AlbaCore adds distressed hire among raft of new arrivals
AlbaCore Capital Group has added four hires to its investment team in recent weeks, taking its total headcount to 46

BlueBay adds to PM roster with promotion in London
BlueBay Asset Management has promoted a member of its investment grade credit team to portfolio manager

UK pension seeks head of ABS as it makes first foray into asset class
The investment management arm of the UK’s largest private pension fund is planning its first foray into public ABS investing

Blackstone hires Carlyle co-head of illiquid credit as senior managing director
The New York-headquartered manager has hired a Carlyle official as a senior managing director in its opportunistic investing platform, Blackstone Tactical Opportunities. And Carlyle has subsequently promoted two officials on its team

Lombard Odier hires Avenue duo for sustainable private credit strategies
Lombard Odier Investment Managers has made two hires from Avenue Capital Group to develop a range of sustainable private credit strategies in the US

Senior Pimco distressed portfolio manager joins ICG
Intermediate Capital Group says that it has hired a senior Pimco official as managing director and co-head of special situations in London

Credit funds at a glance (February 2021)
A round-up of fundraising and people moves

Search firm highlights lack of diversity across Euro credit
A report on diversity within the corporate credit industry has shed light on the imbalances that persist

New York life sciences specialist hires three and launches credit opportunities fund
A life sciences boutique has launched a credit opportunities strategy and has hired three officials to lead the charge.

Crescent bolsters Nordic direct lending presence with hire
Crescent Capital has appointed a former Nykredit official as a director in the firm’s European direct lending focused on Nordic transactions

BofA restructures special situations and distressed debt trading desks
Bank of America has restructured its regional special situations and distressed debt trading teams

Hayfin hires senior BofA figure as private credit portfolio manager
Hayfin Capital Management has hired a Bank of America official as a London-based portfolio manager in the firm’s private credit team

CIFC makes senior hire to business development team
CIFC Asset Management is scaling up its business development team after hiring a managing director in its investor solutions group

CSAM hires head of origination for direct lending team
Credit Suisse Asset Management has hired an experienced official to its direct lending team in New York

KKR brings in Park Square partner for European private credit team
KKR has appointed a London-based partner to its European credit team

SC Lowy hires illiquid credit trader from Morgan Stanley
SC Lowy has appointed a Morgan Stanley official to its European credit trading team based in London

Apollo names successor CEO as Black steps down
The announcement that Leon Black will step down from leading the firm comes on the heels of law firm Dechert’s independent review of his working relationship with convicted sex offender Jeffrey Epstein

Golub promotes CLO specialist and head of direct lending
Golub Capital has promoted its head of structured products and created a vice chair of direct lending position 

Varagon hires new business development MD from Evolution
Varagon Capital Partners has hired a managing director for its business development and investor relations team in New York

MeDirect names replacement corporate credit head following Curtis departure
MeDirect has hired a former NatWest Markets official as head of corporate credit

Loomis Sayles promotes official to structured credit portfolio manager
The Boston based official will co-manage the Loomis Sayles Investment Grade Securitised Credit strategy with Alessandro Pagani, head of the $30.4 billion mortgage and structured finance team

Alcentra co-CIO for liquid credit set to leave this month
A high profile figure in the US CLO business is leaving Alcentra

Brightwood co-founder launches impact investing firm with backing from Morgan Stanley
Former Brightwood Capital Advisors co-chief executive officer Damien Dwin has launched an impact-driven, minority-owned investment firm

ICG hires managing director to direct lending business
Intermediate Capital Group has appointed a managing director within its European senior direct lending team