Connecticut-based middle market lender names vice president
Balance Point Capital has named Adam Sauerteig as vice president and Grant Groher as senior associate, according to a statement yesterday

Cowen brings together credit and equity for its sales and trading platform
Cowen has announced two senior appointments as part of its effort to align its credit and equity trading platforms

CLO manager bids farewell to distressed debt specialist in New York
A principal at Octagon Credit Investors has left the firm after four years, but the company is tight-lipped about the circumstances around the move

UBS O'Connor professional resurfaces in business development role at Context
Hedge fund manager UBS O'Connor has lost Arun Gowda to Context Capital Partners, a seeding firm focused on alternative investment strategies

BlueMountain hires former Pine River credit specialist
BlueMountain Capital Management has hired credit specialist Colin Teichholtz as global governments and agency mortgage-backed securities head

GSAM loses another co-portfolio manager on $4 billion high yield fund
A former managing director has left Goldman Sachs Asset Management (GSAM) just months after one of his co-portfolio managers departed the firm, US SEC filings indicate

Charlotte direct lender taps former BAML specialist for chief risk officer role
Capitala Group has hired Peter Sherman as chief risk officer, the North Carolina-based direct lender has announced

Onex investment official earns promotion with move to fund development unit
Long-time Onex employee Tate Abols has been promoted from principal to managing director as part of a new role at the firm

JP Morgan AM establishes high yield municipal bond platform
JP Morgan AM has appointed a managing director and head of high yield municipal bond strategies to establish a high yield municipal bond platform

MFS fixed income veteran gives up PM duties on $1.45 billion of funds
A fixed income specialist at MFS Investment Management is relinquishing portfolio management duties on four closed-end debt funds with collective assets of about $1.45 billion

Distressed credit chief departs Man Group amid rumoured fund shutdown
Himanshu Gulati has left Man Group after three years at the firm, where he served as head of US distressed credit and special situations

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Swiss banking group appoints structured finance head from Goldman Sachs
Geneva-based banking group REYL & Cie has tapped Ante Razmilovic to lead the REYL’s new structured finance business

Tree Line promotes MD to partner amid expansion of direct lending platform
Tree Line has promoted private credit specialist Frank Cupido to partner

AB names fixed income co-heads and replaces Ashish Shah on two funds
Following the departure of Ashish Shah, who was AB's head of fixed income and chief investment officer, Will Smith has been appointed co-manager on two bond funds. Meanwhile, the firm has named two co-heads of fixed income

Blackstone names new president and COO
Global asset manager Blackstone has named Jon Gray, the firm's current global head of real estate, president and chief operating officer

20-year Credit Suisse veteran joins BlackRock in New York
BlackRock has hired Brent Patry, the former vice chairman of Credit Suisse's acquisition and leveraged finance division

GSAM poaches AB’s Ashish Shah as global corporate credit head
Goldman Sachs Asset Management's fixed income team has hired Ashish Shah as partner and head of global corporate credit, according to an internal memo seen by Creditflux

THL Credit assigns new role to senior portfolio manager Murphy
Alternative credit manager THL Credit Advisors has promoted managing director Brian Murphy to head of capital markets

Direct lender Madison announces new CEO
Chicago-based Madison Capital Funding, a subsidiary of New York Life Insurance Company, has announced a CEO successor to step into the role mid-2018

Bill Barr steps down from Och-Ziff board as firm's new CEO is named
Och-Ziff has named a new chief executive officer to succeed Dan Och, with the firm announcing today that former Credit Suisse executive Robert Shafir will step into the position

New York fixed income specialist hires two marketing officials
Fixed income specialist Ryan Labs Asset Management, a member of the Sun Life Investment Management group, has made two senior hires to its marketing and client strategy team

Tennenbaum opens new Atlanta office and makes two senior hires
Tennenbaum Capital Partners (TCP) opens new Atlanta office following the strong demand for direct lending 

Texas manager hires Lone Star’s Stahl as MD for distressed credit
Texas-based real estate private equity firm Pennybacker Capital has appointed a new managing director of distressed credit and special situations

Former Hartford ETF chief joins Chicago manager as head of funds
Northern Trust Asset Management has named Darek Wojnar, an exchange-traded fund (ETF) professional from Hartford Funds, as its head of funds and managed accounts