Pimco promotes European HY head to global head of loans
Pimco has promoted David Forgash to head of global leveraged loans and has appointed ex-Deutsche Bank official Roman Kogan to its European commercial real estate team 

Former Stifel loan trading head lands at Imperial
Imperial Capital Group has appointed the former head of loan trading at Stifel as a managing director and senior loan trader

Credit funds at a glance

A round-up of fundraising and people moves in credit

Ares hires head of ESG from Partners Group
Ares Management Corporation has appointed a head for its environmental, social and governance (ESG) practice, effective from April  

Credit funds at a glance
A round-up of fundraising and people moves in credit

Kissick and make up: Ares replaces board member
Ares Management has appointe a replacement to its board of directors as retired Ares co-founder John Kissick steps down

Credit funds at a glance

BlueBay hires senior credit trader in the US
BlueBay Asset Management has appointed a senior credit trader in the US

MUFG adds to US leveraged finance unit with senior hire from Deutsche Bank
A senior credit specialist has left Deutsche bank in New York after 10 years in order to join MUFG

Texas pension appoints CIO
Teacher Retirement System of Texas has appointed a new chief investment officer, effective from January 2020  

Ares hires head of credit trading
Ares Management has appointed a head of credit trading in a newly created role

Points up front: Talking his book (which is available on Amazon)
For listed asset managers, an earnings call is generally not the right forum to market or advertise upcoming funds. But it might be exactly the right place to try and sell your book.

Ropes & Gray names leveraged finance partners in New York
Law firm Ropes & Gray has named 16 new partners across its offices – including several credit-related promotions

Proskauer promotes eight to partner in credit
Law firm Proskauer has promoted 15 lawyers to partners in its London, New York and Boston offices – including eight who work in credit

CVC adds Alcentra official to investor relations team in London
CVC Credit Partners has appointed a managing director in its investor relations team from Alcentra 

Managers have leeway even after triggering key person event, finds Ropes & Gray
Almost all credit managers offer protection to investors that key employees will continue to manage the fund’s assets throughout its life, with 95% credit funds containing such "key person clauses". But that does not mean managers have their hands completely tied

Wells Fargo AM makes senior marketing hire
Wells Fargo Asset Management has appointed Kelly Vives as head of marketing, according to an internal memo seen by Creditflux

Credit funds at a glance
A round-up of fundraising and people moves in credit

SMBC hires bank's head of US loan trading
Leveraged loan trader Ed Schuhmann has moved to Sumitomo Mitsui Banking Corporation

Franklin Templeton reorganises long-short credit fund team
Asset manager Franklin Templeton Investments will make changes to the portfolio managers for the Franklin K2 Long Short Credit funds, effective from October

MacKay Shields integrates CVP's loan team while spinning out distressed debt
MacKay Shields has spun out the distressed debt business of Credit Value Partners and focus resources on CVP’s leveraged loan platform