Ironshield hires Palm Lane official to co-lead new European long-short fund
Ironshield Capital says it has launched a new European high yield long/short Ucits compliant fund and has hired a former Pamplona and Palm Lane official to co-lead the strategy

ArrowMark fills vacancy in London with SRT hire from sell side
ArrowMark Partners has filled a void in its London office after hiring an SRT specialist from Citi 

Macquarie taps former Alcentra official to lead global private credit and asset finance
Macquarie Asset Management has appointed former Alcentra European direct lending head to lead its global private credit and asset finacne business

Credit structuring head lands at Deutsche Bank in expanded role
Deutsche Bank has hired former Credit Suisse global credit structuring head Paul Bajer in a broader remit as global co-head of cross asset structuring

Carlyle names co-founder as interim CEO as Lee steps down
Carlyle Group’s chief executive officer Kewsong Lee has stepped down from this role and the board of directors, effective immediately

Credit funds at a glance (August 2022)
A round up of fundraising and people moves in credit
   

JP Morgan AM names head of private credit secondaries
The firm says the hire reflects “significant demand for secondaries strategies from clients across the globe, reflecting the need for greater liquidity to take advantage of opportunities as private debt markets mature"

BofA brings in European corporate credit research head
An experienced credit strategist has landed at Bank of America after leaving Credit Suisse  

Eagle Point expands into structured products including SRTs with big hire
Eagle Point Credit Management has hired a head of ABS, MBS SRT and specialty finance, in a move which underlines the firm’s progression from a CLO equity investor to a broader credit asset manager.

Citi promotes structured credit specialist to top Emea credit trading role
Another senior official in Citi's credit team has been promoted

Algebris adds second PM in two months to credit opportunities team
Algebris Investments has hired a co-portfolio manager for its Global Credit Opportunities strategies

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

Citi Emea credit trading head earns promotion
Citi has promoted a senior figure in its credit business to regional head of markets for Emea

Citi structured credit specialist leaves after 15 years
A key figure in Citi’s European structured credit business since 2007 has joined Julius Baer as head of corporate finance advisory

Private fund All Seas builds momentum with third investment
All Seas Capital – the direct lender launched by former KKR executives in 2019 – has signed its third direct lending investment

Paul Hastings adds to structured credit expansion with London partner hire
Paul Hastings has added to its push in structured credit with the hire of a partner to the team in London

Former Jefferies Emea structured credit co-head resurfaces at Canadian pension firm
The former co-head of Emea securitised markets at Jefferies has been hired as head of European structured credit at Alberta Investment Management Corporation

Bayside distressed debt official earns promotion to MD
HIG Bayside Capital has promoted a figure who has worked in its European distressed debt  business for over a decade 

Schroders appoints private credit solutions head
Schroders has apppointed a former Federated Hermes official as head of private credit solutions 

CEO steps down after DWS greenwashing allegations lead to police raid
A tumultuous 24 hours for DWS Group, in which police and regulators raided its office, has been compounded by the resignation of its chief executive officer Asoka Woehrmann on Wednesday morning

Pemberton finds direct lending edge in NAV financing
NAV financing for private equity sponsors is gaining popularity, with Pemberton Asset Management the latest manager getting in on the act

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit
 
   

Franklin Templeton buys Alcentra in $700 million deal
Franklin Templeton has agreed to buy BNY Mellon’s $38 billion credit unit Alcentra, which will see Alcentra combined with Franklin Templeton’s US credit manager Benefit Street Partners

Fidelity International makes senior direct lending hires in private credit push
Fidelity International has been staffing up in European direct lending, with 12 additions to the private credit team that was established a year ago

Novicap names new CEO in leadership shuffle as it sets targets for credit division
Novicap, a fintech company offering working capital optimisation solutions to SMEs and mid-market corporates, has shuffled its leadership structure and set a €1 billion cumulative volume target for its credit division by the end of this year