DFG appoints CEO and makes several promotions including new co-CIO
A Partners Group official has been appointed chief executive officer of DFG Investment Advisers in New York as the firm makes several leadership promotions

Onex claims three new US CLO equity investors
Onex Credit Partners has confirmed the pricing of a US CLO earlier this week, which it says resulted in three new equity investors to its platform

NXT CEO to retire next year
The chairman and chief executive officer of NXT Capital, Robert Radway, is retiring late next year

Wells Fargo parts ways with star CLO research team
Wells Fargo is parting ways with its star CLO research team led by managing director David Preston

Thoma Bravo brings in ex-Goldman veteran to spearhead credit division
Private equity firm Thoma Bravo has appointed an ex-Goldman Sachs official veteran to spearhead the firm’s credit division

BlackRock co-head of direct lending set to depart
The co-head of direct lending at BlackRock and Tennenbaum Capital Partner’s special situations unit is set to leave the firm by the end of the year

Former Ares partners put ESG and tech at centre of new CLO business
Three former Ares Management partners have established a CLO business with plans to launch a first US CLO early next year

Alcentra hires Mulshine as head of US distribution
Alcentra has hired a new head of US distribution from Lazard

Loomis Sayles promotes deputy CIO to top job
Loomis Sayles has named a replacement chief investment officer, following the retirement of incumbent CIO Jae Park

Pimco pre-markets comeback US CLO with new PM at helm
Pimco is returning to CLO management after a 13-year absence with a recently-appointed official expected to oversee the deal

Antares names loan head successor following retirement
Peter Nolan, head of loan syndicate, sales and trading at Antares Capital is set to retire from the $27 billion firm

New credit hedge fund manager hires from Man GLG in London
A start-up credit fund manager has added to its ranks by hiring a portfolio manager

Lazard AM adds boutique's four-person long/short credit team
Lazard Asset Management has expanded its $4.5 billion ‘alternative investment’ platform by bringing on board the credit team from boutique Coherence Capital Partners

New York fund manager hires former Ellington CSO specialist
A credit fund manager has hired a structured credit specialist to cover corporate credit and structured credit products such as CLOs and CSOs

Former LibreMax official reunites with colleague at distressed firm
A6 co-founder Michael Fine, former head of corporate credit at LibreMax, has appointed a former colleague as head of trading and research

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

Z Capital hires from DFG and CVC
Z Capital Group has added loan specialists from CVC Credit Partners and DFG Investment Group in New York

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

Points up front: A6, and with good reason
It’s not a hedge fund if it doesn’t have some sort of reference to nature, be it hills, mountains, trees or rivers. But when Michael Fine, the former head of corporate credit at LibreMax Capital, launched his distressed debt firm in July, he resisted the urge and came up with a heart-warming reason for naming his company A6

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

Former GoldenTree high-flyers launch structured credit firm in Los Angeles
A former GoldenTree senior portfolio manager and business development specialist have launched an asset manager that will invest across an array of structured credit, including CLOs, synthetics and private transactions

New CLO manager Ducenta Squared looks to bolster analysis team
Ducenta Squared Asset Management is looking to bolster its credit team in Los Angeles with the hire of a credit research analyst

Brigade appoints ex-Schroders official as CEO
Brigade Capital Management has appointed a former Schroders co-head of fixed income as CEO 

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 

Tranche market maker jumps to buy-side
BNP Paribas' New York based market maker for credt index tranches has left the bank after seven years