PGIM Fixed Income builds large cap direct lending with new hire
PGIM Fixed Income has picked up a former Texas Capital managing director as it builds out its large cap direct lending business 

Canyon Partners hires credit product specialist from Varde
Canyon Partners, a global alternative investment manager, has hired a new managing director from Varde to act as lead credit product specialist

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

Barings adds two private credit MDs for North America
Barings Global Private Finance has hired two managing directors, Brian Polomsky and Doug Koch, for its North America Private Credit team from Principal Asset Management

Katten hires New York private credit partner from Weil
Law firm Katten has hired Maximilien Pucci-Sisti Maisonrouge for its private credit practice as a partner in New York

Mayer Brown taps King & Spalding partner to head New York private credit
Law firm Mayer Brown has hired Sheel Patel to lead the firm’s private credit practice in New York

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

Audax Private Debt hires from Stifel in wealth push
Audax has become the latest addition a string of private credit managers strengtheing their wealth management sales teams

First Eagle adds direct lending MD in New York
First Eagle Alternative Credit has hired a direct lending originator from Brightwood with a focus on the New York metro region

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

Fidelity adds another senior private debt hire as US expansion continues
Fidelity Investments has hired Lendell Thompson from Vista Credit, the latest of six senior investment professionals added to its US direct lending business

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

White Oak hires from eCapital for ABL solutions team
White Oak Commercial Finance has hired two senior VPs from eCapital Corporation to work on ABL solutions for non-sponsored, middle market companies

Gibson Dunn adds Akin partner to lead private credit practice
Gibson Dunn has continued a hiring spree with the addition of a New-York based partner to lead the firm's private credit efforts

JP Morgan CIO PM finds his way to ABL fund
Doug Nicholson, a portfolio manager in the chief investment office at JP Morgan for over 15 years, has jumped to a buy-side private credit firm

Cahill grows private credit practice with hire from Orrick
Law firm Cahill Gordon & Reindel turned to Orrick to find a new partner for its growing private credit practice

Comvest reshuffles credit leadership as Falk steps back
Michael Falk, Comvest Credit Partners' co-founder and chief executive officer, has now assumed the role of executive chairman

White Oak expands ABL unit with addition of new managing director
White Oak hires Matthew DeBernardo to help generate new business across the US in asset-based lending and factory facilities   

Paul Hastings hires partner from Simpson Thacher & Bartlett
New York-based Ismael Duran will join the Paul Hastings’s finance and private credit practices from Simpson Thacher & Barlett 

GoldenTree taps PNC alumni Punhani for private credit team
GoldenTree has hired Avineet Punhani as a principal on the firm's private credit team as the asset managers seek to grow the business

Davis Polk hires three fund formation lawyers from Debevoise
Law firm Davis Polk is growing its investment management practice with the addition of three new partners joining in New York

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

Churchill hires from FS Investments to grow wealth channel
New York-headquartered Churchill Asset Management has hired a new managing director and head of investor relations, retail & wealth 

Star Mountain hires Fortress alumni in scaling strategy
Star Mountain Capital, a lower middle market direct lending firm, has hired a new strategic portfolio officer

Cahill Gordon & Reindel turns to buy-side for new co-head of private credit
The latest people move in private credit was something rare – a move from a senior role on the buy-side back to a law firm