Pacific Life rebrands asset management division and appoints CEO
Pacific Life has announced the rebrand of its asset management business to Pacific Global Asset Management and has appointed Kevin Byrne as chief executive officer

Carlyle's head of origination for credit earns promotion to partner
Carlyle Group has announced 58 senior promotions across all its global offices: eight to partner, 19 to managing director and 31 to principal/director

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Ex-Pine River, Varde and Whitebox officials join forces to launch US direct lender
Former Varde Partners professional Neal Johnson has launched a direct lending firm called Hunter Street Partners, which includes partners that have served at some of the credit industry's most well known fund managers

New York direct lender announces three senior promotions
Direct lender Abacus slides three counters across into the promoted section

Fund placement specialist returns to Firstavenue as partner
Derek Dietrich rejoins FIRSTavenue as partner, after leaving the firm to start his own placement business 

Minneapolis mezzanine lender announces promotion
GMB Mezzanine Capital has promoted its vice president Judd Stevens to principal, according to a press release

Former KKR credit strategies head joins Angel Island
Lynette Vanderwarker, who had previously been leading the credit strageies group at KKR, has been appointed chief strategy officer at Angel Island Capital Management

Citadel hires credit portfolio manager from rival in New York
A credit derivatives specialist, who has been overseeing performing credit globally for a large hedge fund manager, has landed at Citadel

Alcentra hires former BlackRock US loan and CLO chief
Alcentra has announced the appointment of Leland Hart as managing director and head of US loans and high yield

ICG names its first US-based non-executive director
Intermediate Capital Group (ICG) has announced the appointment of Amy Schioldager as a non-executive director, with effect from 25 January

Fidelity International names new global head of asset management
Fidelity International has confirmed the appointment of Bart Grenier to the newly created position of global head of asset management in London, a spokesperson confirms

US law firm hires head of distressed debt practice
Chicago-based law firm Katten Muchin Rosenman has hired a new head of its distressed debt and claims trading practice

Ex-Millennium credit chief to start new hedge fund following Englander dispute
Former Millennium Management credit chief Michael Gelband will start a long-anticipated hedge fund known as ExodusPoint Capital Management, in the next six months, according to a Bloomberg report

Dyal purchases minority stake in Cerberus's mid market credit unit
Neuberger Berman affiliate Dyal Capital Partners has purchased a minority stake in Cerberus Business Finance (CBF), the middle-market direct lending unit of Cerberus Capital Management

Investment grade loans specialist joins MUFG in New York
Robert Danziger has joined MUFG to focus on US investment grade loans, according to an announcement by the bank

Carlyle poaches Varagon official as it strengthens private credit team
Carlyle Group has made a senior-level hire to its private credit group in New York with the firm adding managing director Inoki Suarez to its ranks

Ares promotes credit veteran to CEO
Ares Management has appointed Michael Arougheti as its chief executive officer. Arougheti is one of the founders of Ares and is also a partner in the firm’s credit business

Angelo Gordon names two new co-CIOs
Angelo Gordon has appointed two new co-chief investment officers, according to a letter seen by Creditflux

Aviation investment specialists land at GAT to start leverage finance unit
A Florida-based aviation specialist has announced the launch of its Leveraged Finance Group (LFG), which will provide secured aircraft financing for lessors, investors and airlines, according a recent press release

Direct lender founder Isaly stepped down following sex harassment allegations: report
OrbiMed’s founder Samuel Isaly stepped down from his role at the healthcare-focused firm following sexual harassment claims against him, according to claims reported by Stat News

Calpers executive set to leave the pension fund to rejoin Franklin Templeton
Wylie Tollette is leaving his role at the California Public Employees’ Retirement System (Calpers) to return to Franklin Templeton Investments, with his last day at the pension fund set for 5 January

Direct lender founder to step down and be replaced by three-person committee
New York-based healthcare private lender OrbiMed Advisors has announced that its founder and managing director, Samuel Isaly, will step down after almost 20 years with the firm  

Manager adds to its private credit team and holds final close on new fund
Toronto-based Northleaf Capital Partners has announced the final closing of its global private credit fund, as well as two senior hires from Bain and HIG Capital in Chicago

GSAM loan portfolio manager joins fund giant for high yield role
A long-time loan PM will turn his attention to investing in high yield bonds for a firm with $4.5 trillion under management