Värde names deputy CEO and several promotions
The transitional appointments follow George Hicks, co-founder and co-CEO, saying in July last year he would move to an executive chair role by the end of 2021

Cliffwater hires capital markets head
Cliffwater, an advisory and asset management firm, has created a new head of capital markets role

Credit funds at a glance (October 2020)
A round-up of fundraising and people moves

Ex-Fortress official launches $1.5 billion litigation finance firm with Tetragon backing
The new business is backed by Tetragon’s TFG Asset Management, which will receive a minority equity interest, while Fortress has entered into co-investment agreements with the newly launched firm 

Direct lender Frontwell adds three hires to new team
FrontWell Capital Partners, the newly launched mid-market lender founded by ex-Apollo veteran Patrick Dalton, has added three hires to its team

Churchill appoints former Carlyle official to lead investor relations
Churchill Asset Management has appointed a former Carlyle Group official as a senior managing director and head of investor relations

Hayfin appoints global business development head
Hayfin Capital Management has hired a new global head of business development from Avenue Capital in New York

Wriedt buys minority stake in direct lender Scio and joins as strategic advisor
Oliver Wriedt, the former chief executive officer at DFG Investment Advisers, has bought a minority stake in European credit asset manager Scio Capital

Alcentra appoints DeSimone as CEO
Alcentra has appointed Johnathan DeSimone as chief executive officer following David Forbes-Nixon’s decision to step down and take an investment role at the firm

Credit funds at a glance (September 2020)
A round-up of fundraising and people moves

HIG hires principal to New York direct lending team
WhiteHorse Capital, the direct lending affiliate of HIG Capital, has hired a principal in its New York office

Credit funds at a glance (August 2020)
A round-up of fundraising and people moves

Z Capital adds to credit team with Garrison official
Z Capital Group has hired a former Garrison Investment Group official as a director and member of the firm’s credit investment team

Covid could trigger 'mega trend' into private debt, says Blackstone's Gray
The coronavirus pandemic could spark a 'mega trend' of investors into alternatives in private credit, Blackstone's president and chief operating officer said on the firm's second quarter earnings call on Thursday

Owl Rock names heads of credit and non-tech underwriting
Owl Rock Capital Partners has promoted two officials - one to a newly created role as head of credit and the other to head of non-tech underwriting

First Eagle expands in asset-based lending with two senior hires
First Eagle Investment Management is expanding into asset-based lending and has hired two industry veterans to lead the business

Fiera rolls out private credit strategy with recent hires leading charge
Fiera Comox, an affiliate of Fiera Capital Corporation, has launched a new global mid-market private credit strategy

Oaktree managing director joins Peak Rock as it grows credit business
Peak Rock Capital has appointed a former Oaktree Capital Management official to help lead investments across corporate credit 

Credit funds at a glance (July 2020)
A round-up of fundraising and people moves

Credit funds at a glance (June 2020)
A round-up of fundraising and people moves

HPS hires from sports and entertainment financier in Los Angeles
HPS Investment Partners has appointed two managing directors from 23 Capital to the firm's Los Angeles office

Ares appoints Garrison managing director as partner in ABL team
Ares has hired a managing director from Garrison Investment Group to join its asset backed lending group as partner

Owl Rock hires from Oaktree to build opportunistic credit platform
Owl Rock Capital has built out a new opportunistic credit investing division, adding that “current market conditions make it especially attractive and relevant today.” 

MGG hires former Monroe partner to its direct lending team
MGG Investment Group has hired an experienced official to its investment team  in Chicago

Former Fiera private debt MDs launch direct lending firm
Three former managing directors of Fiera Private Debt and Integrated Asset Management have co-founded and launched a new direct lending firm and are seeking to raise $750 million for their first fund