JPMorgan fights back after raft of shock departures
The news that JPMorgan had lost three of its most senior bankers sent shockwaves through the CLO world. But in the weeks since, JPMorgan has been fighting to hold the fort with some success.

Kirkland & Ellis recruits two new structured credit partners
CLO lawyer Jared Axelrod and structured finance specialist Suril Patel have joined Kirkland in its New York and London offices respectively

SMBC swoops in to take JPMorgan’s CLO leadership
In one of the most dramatic moves the CLO market has ever seen, SMBC Nikko has swooped in and hired three of the most senior members of JPMorgan’s CLO leadership team

Credit funds at a glance
Emerging markets, structured finance and US high yield outperform, plus our tables of recent credit hires and recent fundraising

Nuveen Private Capital taps Ares partner for private wealth distribution
The platform encompassing Churchill Asset Management and Arcmont Asset Management, has hired Moshe Bajnon for the newly created position of global head of private wealth

Blackstone makes two senior hires for infra lending and asset-based credit
Blackstone has hired two senior managing directors to focus on infrastructure and asset-based lending as members of the greater BXCI team

Blue Owl moves to launch direct lending business in Europe
US-based asset manager Blue Owl is looking to launch a direct lending business in Europe and is interviewing deal-markers in the regions

Credit funds at a glance
Fund performance; recent fundraising; recent hires

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Blackstone’s head of liquid credit Rob Zable set to leave firm
One of the biggest names in the CLO world is making a change, with Rob Zable leaving Blackstone by the end of the year

Credit funds at a glance
Top performers, recent hires and recent fundraising

Credit funds at a glance
Credit funds at a glance

BofA: innovation and consistency
The first of our new series of CLO arranger profiles takes a look at Bank of America, the largest shop in the market, where one team covers CLO arranging, trading and financing, globally

Bain Capital hires North American head of special situations from Brookfield
Boston-headquartered Bain Capital has hired a partner and head of special situations in North America, as well as head of corporate special situations in Europe

Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy
Milbank has reacted quickly after five attorneys — including veteran European CLO lawyer John Goldfinch — moved to rival law firm Allen & Overy.

Barings launches legal proceedings against Corinthia and two senior defectors
Barings has commenced legal proceedings against two former senior executives who last week defected to Corinthia Global Management

Nomura-backed Corinthia lifts private credit team from Barings
More than 20 members of the global private credit team at Barings have jumped ship and joined Corinthia Global Management, a new platform backed by Nomura Holdings

Carlyle's head of direct lending departs
Carlyle's Head of Direct Lending has left the firm to pursue other opportunities, according to a company memo

Wave of legal hires becomes a tsunami
In February alone legal heavyweights Allen & Overy, DLA Piper, Fried Frank, Kirkland & Ellis, Proskauer Rose and White & Case all announced the arrival of partners in the credit space

Recruiters predict renewed private credit hiring spree
While job-hopping has become commonplace in the post-pandemic landscape, companies are expected to slow hiring in 2024. But some sectors are bucking the trend, including private credit.

Permira confirms co-heads of credit platform
European alternative credit manager Permira Credit has named David Hirschmann and Ariadna Stefanescu as co-heads, effective immediately, as parent company Permira makes plans to expand the credit business

Credit funds at a glance
Fund performance; people hires; fundraising 

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Tikehau Capital announces new head of structured credit
Senior-level appointments at asset manager include a new head of its CLO management business