UBS pushes into private credit as part of private markets expansion
UBS has launched a global private capital markets team, which includes a new emphasis on private credit

Atalaya hires experienced credit portfolio manager in New York
An experienced figure in distressed middle-market debt investing has landed at Atalaya and reunited with a former colleague  

North Leaf promotes two from its Chicago direct lending team
Northleaf Capital Partners has promoted two members of its US private credit team

Solar hires private credit specialists from NewStar and WhiteHorse
The asset-based lender has added two partners to its team in New York 

Owl Rock hires ex-Credit Suisse official to New York team
The middle market lender has hired Credit Suisse's former head of US high yield bridge finance 

Monroe bolsters direct lending team across the US
Middle market lender Monroe Capital has bolstered its direct origination team with hires across several US offices,

Crestline adds managing director to credit team in New York
The new hire joins from American Industrial Partners

Northleaf adds newly-created business development role in London
The new hire will lead the Toronto-based firm's business development and investor relations activities across Europe, the Middle East and Africa

MGG appoints direct lenders to two US offices
Direct lender MGG Investment Group has appointed two officials to its New York and Dallas team, Creditflux has learned

Continuous par build can provide a rainy-day fund for when downgrades to triple Cs pour in
If CLO managers are preparing for mass downgrades to triple C loans, then trading gains and thick OC cushions are the best defences

Morgan Stanley grows direct lending arm in New York with two hires
The bank has added a second hire to its private debt team having appointed an ex-Carlyle official to a newly created role as head of direct lending 

Monroe adds ex-Medley official to west coast origination team
The new hire will be based in Los Angeles 

BNP Paribas Wealth appoints head of private equity and private debt investments
The appointment supports what the firm sees as "a significant pick up in clients’ appetite" for the asset classes

Northleaf appoints private credit officials in Chicago, London and Toronto
Northleaf Capital Partners has expanded its private credit team with three hires - including an ex-Barclays head of international corporate credit

Twin Brook hires healthcare specialist to direct lending team
Direct lender Twin Brook Capital has appointed a managing director solely focused on healthcare opportunities 

Credit funds at a glance

A round-up of fundraising and people moves in credit

Debevoise & Plimpton hires three fund partners from Linklaters
Debevoise & Plimpton has strengthened its funds practice with the appointment of three partners in its New York office

BlackRock names global alternatives head amid senior leadership shake-up
BlackRock has reshuffled its leadership and made several senior changes across various parts of its business, according to an internal memo seen by Creditflux

Alcentra BDC assigns new CEO
Business development company Alcentra Capital Corporation has named a new chief executive officer, saying "this is the right time for these transitions"

Alcentra's co-head of US direct lending switches focus to Europe - Debtwire report
Alcentra has appointed Peter Glaser as co-head of European direct lending, according to Creditflux’s sister publication Debtwire

Capitala adds ex-Monroe official to lead Texas origination
Capitala Group has appointed an ex-Monroe managing director  to lead the origination in its newly opened Dallas office

Prudential adds mid market energy specialist to lead fund origination
Prudential Capital Group, the private capital arm of PGIM, has appointed a managing director of Prudential Capital Energy Partners

Churchill appoints head of underwriting
Churchill Asset Management has announced several promotions including head of underwriting and managing director, underwriting and portfolio management

LBC hires former GE official as managing director in Chicago
LBC has made a senior hire to its direct lending business and has also promoted one of its managing directors to partner

CVC Credit hires investor relations director from BlueBay
CVC Credit has appointed a former BlueBay official to its investor relations team