Wells Fargo AM makes big credit hire to co-head its private strategies team
Wells Fargo Asset Management has appointed Vincent Lu to co-head the firm’s private strategies, according to an internal memo seen by Creditflux

ICG adds managing director to DACH subordinated debt and equity team
The new hire will be based in Frankfurt and adds to others the firm has made this year in the region

Muzinich seeks Nordic expansion with hire from Legg Mason
The firm has added a newly created role of head of Nordics to develop the firm’s presence in the region across both institutional and wholesale  private and public credit products

Axa IM promotes global head of loans and private debt following Levilain departure
Axa Investment Managers has promoted a new global head of leveraged loans and private debt to fill the vacancy left by Jean-Philippe Levilain, who has left to join CBAM

Goldman Sachs brings together private credit businesses, reports Debtwire
Goldman Sachs is unifying two of its private credit units under a single umbrella

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

BNY Mellon expands private credit unit within its asset servicing business
BNY Mellon Asset Servicing has appointed Greg Kok as director of private equity, real estate, debt and infrastructure, in a bid to bolster its private markets team in Europe, Middle East and Africa (EMEA)  

Investcorp appoints co-head of US credit as mid-market acquisition closes
The new hire will join Jim Feeley, who was appointed as co-head earlier this year following the retirement of John Fraser

Last of GSO's co-founders departs
It's the end of an era as GSO Capital Partners co-founder Bennett Goodman (the 'G' in GSO) will step down from the firm at the end of the year 

Oaktree BDC appoints CLO specialist as CEO and CIO
Oaktree Speciality Lending Corporation has appointed its new chief executive officer and chief investment officer, following the resignation of the incumbent CEO and CIO Edgar Lee

Large US direct lender eyes expansion into Europe, reports Debtwire
One of the largest investors in the US middle market is planning to expand into Europe, according to Creditflux’s sister publication Debtwire

BlueMountain buyout to bring CLO equity shift, funding pledge and Feldstein payout
BlueMountain Capital Management’s co-founder Andrew Feldstein looks set to receive a substantial pay-out in common shares of Assured Guaranty, which has agreed to buy the manager for around $160 million and has outlined a three-year plan for its CLOs

Brightwood adds ex-Prudential origination specialist to Los Angeles office
Brightwood Capital Advisors has appointed a managing director on its investments team in California 

Senior figure departs Alcentra direct lending team, Debtwire reports
Creditflux sister publication Debtwire reports that one of the longest standing members of Alcentra's European direct lending team has left the firm 

Ares appoints Atalaya founding partner to co-head alternative credit unit
He will serve as co-head of Ares' $4 billion alternative credit unit alongside Keith Ashton 

Pennsylvania SERS appoints acting CIO
The $29 billion Pennsylvania State Employees’ Retirement System (SERS) has appointed deputy chief investment officer James Nolan as acting chief investment officer, effective from this weekend

Job opportunity with First Eagle: loan trading
First Eagle Investment Management s looking to hire a loan trader in Boston

Churchill adds Twin Brook official to its Chicago office
Churchill Asset Management has appointed a former Twin Brook official to its capital markets and syndication team

Pemberton bolsters UK and Ireland origination team with HSBC hire
The mid-market direct lender has added to its origination team in London 

Guggenheim CLO syndicate co-head joins sports and media finance company
A Guggenheim Partners managing director has left the firm to join sports and entertainment financing provider 23 Capital

UBS pushes into private credit as part of private markets expansion
UBS has launched a global private capital markets team, which includes a new emphasis on private credit

Atalaya hires experienced credit portfolio manager in New York
An experienced figure in distressed middle-market debt investing has landed at Atalaya and reunited with a former colleague  

ICG looks to expand in Germany with senior hire in Frankfurt
ICG has hired an official to build out its origination capabilities with the remit spanning subordinated debt and equity

North Leaf promotes two from its Chicago direct lending team
Northleaf Capital Partners has promoted two members of its US private credit team

Solar hires private credit specialists from NewStar and WhiteHorse
The asset-based lender has added two partners to its team in New York