ICG hires Sixth Street alum Grandjean for pan-European private credit
ICG has hired Pierre Grandjean, who most recently was at Sixth Street in specialty lending, to join its European direct lending team, Senior Debt Partners

JPMorgan names new CLO leadership team to replace trio of senior departures
The CLO market's biggest arranger has named a new global head as well as other CLO leaders to replace Christine Ferris, Anusha Joly, and Mussie Tizazu

Mayer Brown hires Chris McGarry as it boosts Euro CLO lawyer ranks
CLO and securities lawyer Chris McGarry joins Mayer Brown as partner after almost eight years at White & Case  

BNP Paribas AM hires from AXA and LFPI to build unitranche strategy
BNP Paribas Asset Management has created a new European direct lending strategy focused on unitranche and junior debt investments with the help of two senior hires

John Goldfinch joins Proskauer Rose as part of major recruitment drive
Leading structured finance lawyer John Goldfinch has joined Proskauer Rose after leaving A&O Shearman in September 

HSBC Asset Management launches venture debt strategy with new hire
HSBC Asset Management turned to an SVB Capital veteran for a newly created position, head of innovation credit, to build out a venture lending strategy

JPMorgan fights back after raft of shock departures
The news that JPMorgan had lost three of its most senior bankers sent shockwaves through the CLO world. But in the weeks since, JPMorgan has been fighting to hold the fort with some success.

Portfolio manager moves to CIFC from AlbaCore
A London-based CLO PM has begun a new role in CIFC’s European credit team after five years at AlbaCore Capital

Freshfields appoints global co-head of private credit and capital solutions
Law firm Freshfields has hired three lawyers in London, including Paul Stewart, who will serve as global co-head of private credit and capital solutions

AlbaCore’s new hire Luke Gillam sees space for smaller private credit managers in Europe
Gillam, who started this week at AlbaCore as its new head of senior direct lending, spoke to us about the opportunities for smaller managers in European direct lending

Kirkland & Ellis recruits two new structured credit partners
CLO lawyer Jared Axelrod and structured finance specialist Suril Patel have joined Kirkland in its New York and London offices respectively

SMBC swoops in to take JPMorgan’s CLO leadership
In one of the most dramatic moves the CLO market has ever seen, SMBC Nikko has swooped in and hired three of the most senior members of JPMorgan’s CLO leadership team

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Nuveen Private Capital taps Ares partner for private wealth distribution
The platform encompassing Churchill Asset Management and Arcmont Asset Management, has hired Moshe Bajnon for the newly created position of global head of private wealth

Michael Hintze’s hedge fund Deltroit bolsters CLO investing with new hire
Lord Michael Hintze’s latest hedge fund Deltroit has hired CLO investor Emeric Chenebaux from Federated Hermes

Blackstone makes two senior hires for infra lending and asset-based credit
Blackstone has hired two senior managing directors to focus on infrastructure and asset-based lending as members of the greater BXCI team

Blue Owl moves to launch direct lending business in Europe
US-based asset manager Blue Owl is looking to launch a direct lending business in Europe and is interviewing deal-markers in the regions

Credit funds at a glance
Fund performance; recent fundraising; recent hires

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Evangeline Lim departs from Arini and retires from CLO industry
Arini's head CLO PM Evangeline Lim is leaving Arini, triggering a shak-up that sees the firm's deputy CLO PM Ben Rothberg replacing her

KBRA hires Scott Duggal as it raids buy-side, sell-side, and journalism
Ratings agency KBRA has turned to the buy-side, sell-side, and journalism for a raft of senior hires in Europe

Chorus expands SRT origination team
SRT specialist Chorus Capital has hired Penny Tan as a director and senior originator from ArrowMark Partners 

Blackstone’s head of liquid credit Rob Zable set to leave firm
One of the biggest names in the CLO world is making a change, with Rob Zable leaving Blackstone by the end of the year

Credit funds at a glance
Top performers, recent hires and recent fundraising