Cheyne Capital hires head of origination
Cheyne Capital Management has hired a new managing director, head of origination and trading, for the firm's strategic value credit unit

Credit funds at a glance
Credit funds at a glance

BlackRock hires Goldman Sachs alumni for senior private debt role
BlackRock has hired a former Goldman Sachs veteran as co-head of private debt origination in France and head of origination in Spain

Fidelity U-turns on European direct lending strategy as it ditches origination in favour of third-party partnerships
Fidelity International is cutting its direct lending division in Europe, and will instead partner with third parties to offer private credit solutions going forward

Bain Capital hires North American head of special situations from Brookfield
Boston-headquartered Bain Capital has hired a partner and head of special situations in North America, as well as head of corporate special situations in Europe

Investec Bank launches private credit management team
London-headquartered Investec Bank is growing its direct lending platform with the launch of a new private credit management team

Cheyne returns to SRT market with eye-catching hire
Cheyne Capital has re-entered the significant/synthetic risk transfer (SRT) market, bringing on an industry veteran to act as portfolio manager

Paul Hastings hires Shearman & Sterling lawyer as partner in London
Paul Hastings has hired a new partner and restructuring and special situations attorney, the latest in a string of European restructuring hires for the firm  

BlackRock reshuffles European fixed income group leadership
BlackRock is rearranging its European fundamental fixed income group with a new senior-level promotion, as veteran Michael Krautzberger plans his departure

DWS head of direct lending departs
Marcus Herbig, head of direct lending at DWS, has left the firm, according to people familiar with the matter

Muzinich hires head of alternative credit solutions and strategy
Muzinich has hired Rehan Virani in the newly-created role of head of alternative credit solutions and strategy as the New York and London-headquartered credit specialist continues to expand its private credit and CLO strategies

Hayfin adds managing director in private credit from BlackRock
London-based Michaela Campbell and will be responsible for leading the private credit team’s portfolio monitoring and risk profile

Schroders Capital adds new global head of business development and product
Schroders Capital turned to ICG to source its newly-created role of global head of business development and product

Barings launches legal proceedings against Corinthia and two senior defectors
Barings has commenced legal proceedings against two former senior executives who last week defected to Corinthia Global Management

DWS expands in London with new senior investment manager role
London-based Roscoe Roman has joined German asset manager DWS, in the newly created role of senior investment manager for alternative credit (EMEA)

Nomura-backed Corinthia lifts private credit team from Barings
More than 20 members of the global private credit team at Barings have jumped ship and joined Corinthia Global Management, a new platform backed by Nomura Holdings

Värde Partners promotes two to partner
Värde Partners has made two senior-level promotions, including a new global head of business development and investor relations and a new chief operating officer

Carlyle's head of direct lending departs
Carlyle's Head of Direct Lending has left the firm to pursue other opportunities, according to a company memo

Wave of legal hires becomes a tsunami
In February alone legal heavyweights Allen & Overy, DLA Piper, Fried Frank, Kirkland & Ellis, Proskauer Rose and White & Case all announced the arrival of partners in the credit space

Recruiters predict renewed private credit hiring spree
While job-hopping has become commonplace in the post-pandemic landscape, companies are expected to slow hiring in 2024. But some sectors are bucking the trend, including private credit.

Kirkland & Ellis poaches partner from Macfarlanes in London
New UK-based partner's practice focuses on structuring alternative investment funds, specifically credit funds

White & Case hires partner from Shearman & Sterling for debt & equity groups
Lauren Winter has been hired as a partner at White & Case. The London-based attorney has joined the international law firm's global debt finance practice.

Proskauer poaches Sidley Austin private funds partner
Proskauer has hired Sidley Austin's head of investment funds in London. The veteran lawyer will work in the firm's private investment funds group, co-leading its global credit funds and sovereign wealth funds initiative.

Veteran JP Morgan credit trader leaves for buy-side
JP Morgan's global head of macro credit trading has left to move to a London-based hedge fund 

Beechbrook hires new managing director to expand UK direct lending business
London-headquartered Beechbrook Capital has hired Richard Smart as managing director tasked with growing the European lower-mid-market debt manager's UK direct lending strategy