Fidelity launches US direct lending business and hires team head from PNC
Fidelity Investments is launching a direct lending platform and has hired a senior PNC official to lead the new business from Chicago

MUFG makes three big hires to bolster US private equity sponsor and direct lending coverage
Mitsubishi UFJ Financial Group has hired from Antares, RBC and Regions Bank 

Lombard hires PM for new special situations strategy
Lombard Odier has hired an ex-Sandell Asset Management official to launch a strategy that targets special situations and event-driven opportunities

Manulife appoints co-heads of junior private credit from Hancock affiliate
Manulife Investment Management has named co-heads of junior credit for private markets

Barclays' head of middle market CLOs leaves bank
Barclays' middle market CLO head has parted ways with the bank

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

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

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

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

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.

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

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

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

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

HPS managing director joins Ares direct lending team in New York
Ares Management has added to its direct lending team in New York

KKR promotes three in credit team to managing director
KKR has unveiled 26 promotions globally to managing director, including three in credit

Mariner spin-out hires private debt specialist as CIO
Newmarket, which focuses on environmental and social themes, has appointed a CIO from a consultancy firm

Wingspire taps Garrison managing director for head of underwriting
Wingspire Capital has hired an ex-Garrison Investment Group official as managing director and national head of underwriting

Owl Rock hires in London for investor relations push
Owl Rock Capital, a New York headquartered manager, has made a senior hire to help build its investor base across the Atlantic 

Points up front: (Direct) lending a helping hand in an emergency
Global lockdowns this year may have forced us to confine ourselves to our homes, but for BlackRock’s co-head of US direct lending they opened a window of opportunity

Credit funds at a glance (November 2020)
A round-up of fundraising and people moves

Apollo appoints head of credit valuations from sell-side
Apollo has appointed a head of credit valuations, as its previous head of credit valuations has transitioned internally to cover private equity valuations

Pemberton hires from Alcentra in bid to boost North American investor base
Pemberton has appointed a former Alcentra official to the newly created role as managing director for North American business development, as it seeks to expand its US and Canadian investor base