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

Akin Gump adds debt finance partner in London
The new hire joins Akin from Pricoa Private Capital, the private debt investment arm of Prudential Financial

Axa IM appoints head of European loans
Axa Investment Managers has promoted a senior portfolio manager to head of European loans

Dechert adds funds partner in Dublin office
Dechert adds official from Maples Group 

Swiss manager expands credit capabilities with hire
Asset manager GAM Investments has appointed a credit specialist in a bid to strengthen its global income team  

Orrick poaches securitisation partner from Ropes & Gray
The hire might help the firm move up CLOi Advisor rankings

Schroders appoints head of sustainable credit
The hire, Schroders anticipates, will "deliver the very best in ESG credit investment solutions for clients"

CVC appoints director to bolster French private debt origination
The new hire is based in Paris and brings more than 15 years of financial market experience

Aviva expands ESG private debt capabilities
Asset manager Aviva Investors has appointed Ed Dixon to serve as head of head of environmental, social, and governance (ESG) within real assets, including private debt.  

Axiom makes big name correlation hire for credit opportunity fund
Axiom Alternative Investments has boosted its platform with the hire of synthetic credit veteran as a portfolio manager

Deutsche Bank reshuffles European capital markets business
Deutsche Bank has reshuffled its European capital markets business, dividing both its leveraged finance and debt capital markets units by origination and syndication

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

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

Nordea AM portfolio manager joins Capital Four
Capital Four Management has appointed Nordea Asset Management portfolio manager Stine Milling Pilegaard as a director in its Copenhagen office

US CLO giant CBAM makes big hire as it moves into Europe
CBAM has revealed plans to move into European credit and has hired an experienced loan manager to oversee the launch of the business

Axa IM hires BlackRock PM for global credit strategies
In a newly created role, the hire will be responsible for the firm's global credit strategy in its buy-and-maintain team

If you can stomach volatility, CLO equity is very attractive

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

Points up front: Loan deal with 23 takes Griezmann to Barcelona
Soccer financing firm 23 Capital has been adding credit experts to its team and now has a CLO specialist captaining its capital markets effort, with former Guggenheim Securities co-head of ABS/CLO syndication Sreesha Vaman joining last month. The squad already features credit portfolio managers Sam Filer (ex-BMS Finance), David O’Connor (Mizuho) and Ardeshir Sorabjee (Deutsche Bank).

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

PGIM's euro credit research head joins former colleague at Angelo Gordon
PGIM’s head of European credit research has joined Angelo Gordon

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)