John Kim resigns from CLO investor Panagram
John Kim has resigned from his role as CEO and CIO of Panagram, with Eldridge's Tony Minella stepping in as interim CEO of the firm

First Eagle adds direct lending MD in New York
First Eagle Alternative Credit has hired a direct lending originator from Brightwood with a focus on the New York metro region

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

Fidelity adds another senior private debt hire as US expansion continues
Fidelity Investments has hired Lendell Thompson from Vista Credit, the latest of six senior investment professionals added to its US direct lending business

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

King Street bolsters CLO research ranks with hire from KKR
Alternative asset manager King Street has hired Terry Ing from KKR to head US research for credit and CLOs    

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 

White Oak hires from eCapital for ABL solutions team
White Oak Commercial Finance has hired two senior VPs from eCapital Corporation to work on ABL solutions for non-sponsored, middle market companies

PineBridge’s CLO PM Steve Hasnain passes away
Steve Hasnain, a portfolio manager with PineBridge Investments’ leveraged finance team and the co-director of leveraged finance research, has died

Gibson Dunn adds Akin partner to lead private credit practice
Gibson Dunn has continued a hiring spree with the addition of a New-York based partner to lead the firm's private credit efforts

UMB expands CLO trustee team with trio of hires from Wilmington Trust
UMB Bank has made a trio of hires from Wilmington Trust for its CLO trustee team, adding Henry Brigham, Willis Hwang and David Knecht

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

JP Morgan CIO PM finds his way to ABL fund
Doug Nicholson, a portfolio manager in the chief investment office at JP Morgan for over 15 years, has jumped to a buy-side private credit firm

Cahill grows private credit practice with hire from Orrick
Law firm Cahill Gordon & Reindel turned to Orrick to find a new partner for its growing private credit practice

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

Comvest reshuffles credit leadership as Falk steps back
Michael Falk, Comvest Credit Partners' co-founder and chief executive officer, has now assumed the role of executive chairman

White Oak expands ABL unit with addition of new managing director
White Oak hires Matthew DeBernardo to help generate new business across the US in asset-based lending and factory facilities   

Paul Hastings hires partner from Simpson Thacher & Bartlett
New York-based Ismael Duran will join the Paul Hastings’s finance and private credit practices from Simpson Thacher & Barlett 

GoldenTree taps PNC alumni Punhani for private credit team
GoldenTree has hired Avineet Punhani as a principal on the firm's private credit team as the asset managers seek to grow the business

Davis Polk hires three fund formation lawyers from Debevoise
Law firm Davis Polk is growing its investment management practice with the addition of three new partners joining in New York

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

Reed Smith hires Winston & Strawn CLO lawyer
The recruitment of a New York-based partner will help Reed Smith build out the law firm's CLO and ABS capabilities

Churchill hires from FS Investments to grow wealth channel
New York-headquartered Churchill Asset Management has hired a new managing director and head of investor relations, retail & wealth 

Nuveen hires CLO veteran from Apollo
An Apollo managing director is joining Nuveen in August to be the head of CLO capital markets and structuring