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)  

ICG brings in managing director for client-facing role spanning Austria and Germany
ICG has appointed Julia Beinker as managing director to expand the firm’s client base in Austria and Germany

Oceanwood carves out responsibilities after CEO sets sail to Cairn
Oceanwood Capital Management has decided to split the responsibilities of its former chief executive officer Nicholas Chalmers among two employees, according to market sources

Cairn appoints CEO from Oceanwood as Campbell steps down
Cairn Capital has hired a new chief executive officer, who will take over from co-founder Paul Campbell

Spire brings in structured credit specialist from WyeTree
Spire Partners has hired a junior portfolio manager from WyeTree Asset Management with a view to expanding its structured credit investments

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

Cambridge University appoints CIO
The University of Cambridge has named a CIO who previously served at instutituions such as the BBC and Virgin  

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

Lombard Odier expands sustainability team
Lombard Odier has bolstered its sustainability capabilities with the appointments of Christopher Kaminker and Ebba Lepage  

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 

Credit funds at a glance

Mediobanca builds loan and CLO trading team with hire
Mediobanca has made a hire as it looks to grow the loan and CLO trading business in London it established last year 

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

Goldman Sachs creates sustainable finance group
Goldman Sachs has launched a sustainable finance group, to deliver sustainable growth solutions to the bank’s clients, according to documents seen by Creditflux.  

LCH replaces CEO of London clearing business
Clearing house LCH has appointed a new chief executive of LCH Ltd, its UK registered business

Dutch development bank creates ESG and impact standing committee
The Netherlands Development Finance Company (FMO) has created a standing committee for impact and environmental, social and governance investing

Allen & Overy brings in three from Dechert to boost funds practice in Paris
Allen & Overy has announced a trio of appointments from Dechert to its Paris office