Apollo appoints head of leadership development and diversity
Apollo Global Management is taking steps to improve diversity at its leadership level

Another CLO ETF emerges as Alternative Access unveils senior tranche fund
You wait ages for one CLO exchange-traded fund to emerge and then two come along at once: Alternative Access Funds has launched AAF First Priority CLO Bond ETF, which will take exposure to triple A-rated US CLO tranches

The Last Tranche with Guggenheim's Duffy: CLOs will pay more for loans than today’s index prices
Marking the long-awaited return of the Last Tranche podcast, Creditflux's Hugh Minch talks to Adrian Duffy, head of European corporate credit at Guggenheim Investments in Dublin

Ex-Morgan Stanley CLO head joins blockchain firm to "change world of finance"
A former Morgan Stanley veteran has resurfaced at Figure, a San Francisco-based firm bringing blockchain technology to financial markets

Hayfin broadens scope of structured credit business
Hayfin Capital Management’s new-look structured credit team in New York is taking its existing CLO-centric platform and diversifying it to include CMBS, RMBS and other forms of ABS, say officials at the firm

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

They said it: "Imagine a garden party and all of a sudden a big wasp shows up"
On Creditflux’s US CLO webinar last month, Napier Park’s head of US CLO investments Serhan Secmen described the March sell-off as a garden party

GSO names additional portfolio manager for three listed credit funds
GSO Capital Partners has added Robert Post as a portfolio manager to three listed credit funds, effective 1 August

DoubleLine adds co-portfolio manager to bond fund
DoubleLine Capital has added founder Ken Shinoda as co-portfolio manager of the DoubleLine Total Return Bond Fund

New asset management firm in Los Angeles acquires rights to 2014 CLO
The CLO management contracts for a 2014 CLO managed by Tortoise Credit Strategies has tranferred to Los Angeles-based manager Ducenta Squared Asset Management

Ostrum's US CLO plan takes a turn after head of structured credit leaves
An experienced CLO PM has left Ostrum after just one year

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

LibreMax's former corporate credit head sets up distressed debt firm
The former head of orporate credit at LibreMax Capital is preparing to launch a new distressed debt firm after securing an anchor investment

Global CLO trading co-head leaves bank in New York
A CLO trader with over a decade of experience has parted ways with a large US bank

Onex keeps up recruitment drive as it hires high yield credit head
Onex Credit has made more additions to its team in New York, adding a head of high yield credit and a portfolio manager in opportunistic credit

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 

If you’re not finding black talent, you’re not trying hard enough
In the past few weeks, it has been easy to put up our billboards and tweet our condemnation of the treatment of black people. Now we need to change the way companies work

CEO Wriedt to part ways with DFG and launch his own business
Oliver Wriedt is stepping down from his role as chief executive officer of DFG Investment Advisers to launch his own investment venture, according to an investor letter seen by Creditflux.

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

Investcorp hires credit portfolio manager
Investcorp Credit Management has hired a portfolio manager for its US credit team and investment committee