KKR adds two senior private credit hires as it eyes new receivables and inventory financing strategy
KKR has added a former Credit Suisse and Sound Point Capital official to its private asset-based finance team 

HSBC AM names CEO of new $53bn alternatives business
HSBC Asset Management has become the latest manager to bring together its ‘alternatives’ capabilities under one roof, with the launch of a new unit, HSBC Alternatives

Sound Point confirms buy-out of CVC's US direct lending business
Sound Point Capital Management has bought CVC’s US direct lending business, the pair have confirmed. The deal will add $1 billion of assets to Sound Point’s $25 billion platform and includes nine investment professionals

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

Varagon hires senior business development official from Invesco
Mid market lender Varagon Capital Partners has hired a managing director in the firm’s business development and investor relations team

First Eagle swoops for Prospect CLO portfolio manager
First Eagle has hired a former Prospect Capital Management CLO portfolio manager for its alternative credit business in New York

Allen & Overy hires two leveraged finance partners from White & Case in New York
Allen & Overy has hired two structured finance partners in its New York office

Carlyle hires head of credit investor relations in New York
Carlyle Group has hired an ex-Pretium official to lead investor relations for its credit platform

Morgan Stanley IM hires MD to private credit and equity team
Morgan Stanley Investment Management has hired a Los-Angeles based official to its private credit and equity team

Adams Street taps former Churchill official as private credit partner
Adams Street Partners has added a partner to its private credit team

BC joins forces with ex-Investec official for private equity financing strategy
The new offering will provide flexible capital to private equity funds and managers

Eaton private credit co-head joins another placement agent
Eaton Partners' co-head of private credit has left after 16 years at the firm 

Ex-Cerberus and Jefferies officials join FLC to lead new private debt unit
Family Legacy Capital Management, an investment manager for family office, has unveiled a New York-based private credit unit and has brought on former officials from Cerberus and Jefferies to lead the charge

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Lafayette Square hires Prudential's head of impact investing
New York-based impact investment manager Lafayette Square has hired a new head of strategy from Prudential

Jefferies Credit poaches senior RBC pair for direct lending business
Jefferies Credit Partners has expanded its middle direct lending business with two senior hires

CLO banker to leave Goldman Sachs for dual CLO-direct lending role on buy side
Goldman Sachs is set to lose a member of its new issue US CLO team with market sources indicating an official with a decade's experience at the bank is joining a CLO issuer in a multifaceted role

Head of US sales parts ways with Arcmont
Arcmont Asset Management’s head of US sales is said to have parted ways with the firm

Monroe adds investor relations specialist from DWS
Monroe Capital has hired in its marketing and investor relations team

Black Diamond structured credit BD head joins impact investment firm
Black Diamond Capital Management's head of structured credit business development has parted ways with the firm after nearly four years, according to market sources. He is set to join start-up impact investment firm Lafayette Square as managing director and head of capital markets

Fidelity launches US direct lending business and hires team head from PNC
Fidelity Investments is launching a direct lending platform and has hired a senior PNC official to lead the new business from Chicago

MUFG makes three big hires to bolster US private equity sponsor and direct lending coverage
Mitsubishi UFJ Financial Group has hired from Antares, RBC and Regions Bank 

Lombard hires PM for new special situations strategy
Lombard Odier has hired an ex-Sandell Asset Management official to launch a strategy that targets special situations and event-driven opportunities

Manulife appoints co-heads of junior private credit from Hancock affiliate
Manulife Investment Management has named co-heads of junior credit for private markets

Barclays' head of middle market CLOs leaves bank
Barclays' middle market CLO head has parted ways with the bank