If you can stomach volatility, CLO equity is very attractive

Points up front: Loan deal with 23 takes Griezmann to Barcelona
Soccer financing firm 23 Capital has been adding credit experts to its team and now has a CLO specialist captaining its capital markets effort, with former Guggenheim Securities co-head of ABS/CLO syndication Sreesha Vaman joining last month. The squad already features credit portfolio managers Sam Filer (ex-BMS Finance), David O’Connor (Mizuho) and Ardeshir Sorabjee (Deutsche Bank).

Credit funds at a glance
A round-up of fundraising and people moves in credit

Ex-Jefferies high yield sales and trading head lands at Imperial
He will be responsible for managing and expanding the firm’s global fixed income sales, trading and research business

GreensLedge hires experienced CLO pair as it launches asset management business
GreensLedge has made a huge statement by hiring two from Barings' CLO investment team

Investcorp appoints co-head of US credit as mid-market acquisition closes
The new hire will join Jim Feeley, who was appointed as co-head earlier this year following the retirement of John Fraser

Last of GSO's co-founders departs
It's the end of an era as GSO Capital Partners co-founder Bennett Goodman (the 'G' in GSO) will step down from the firm at the end of the year 

Head of structured credit and CLO investments leaves Barings
One of the CLO industry's biggest names has left Barings, resulting in the firm appointing two co-managers for its structured credit investment group 

Oaktree BDC appoints CLO specialist as CEO and CIO
Oaktree Speciality Lending Corporation has appointed its new chief executive officer and chief investment officer, following the resignation of the incumbent CEO and CIO Edgar Lee

Large US direct lender eyes expansion into Europe, reports Debtwire
One of the largest investors in the US middle market is planning to expand into Europe, according to Creditflux’s sister publication Debtwire

Job opportunity with ArrowMark: research analyst
ArrowMark Partners has released details of a vacancy in its Denver office

Connecticut $36 billion pension hires first chief risk officer
The Connecticut Retirement Plans and Trust Funds has hired its first-ever chief risk officer

Pretium returns with first CLO of the year amid personnel changes
Pretium Credit Management yesterday returned to the CLO primary market with its first transaction of 2019

BlueMountain buyout to bring CLO equity shift, funding pledge and Feldstein payout
BlueMountain Capital Management’s co-founder Andrew Feldstein looks set to receive a substantial pay-out in common shares of Assured Guaranty, which has agreed to buy the manager for around $160 million and has outlined a three-year plan for its CLOs

Brightwood adds ex-Prudential origination specialist to Los Angeles office
Brightwood Capital Advisors has appointed a managing director on its investments team in California 

Pretium's D'Angelo to join Redding Ridge as he reunites with former Aladdin CLO PM
John D’Angelo has left Pretium Credit Management ahead of a move to the CLO management business established by Apollo Global Management in 2016, Redding Ridge Asset Management, according to Reuters

DFG promotes CLO PM to partner as co-head leaves
One of the co-heads of the CLO business at DFG Investment Advisers has left the firm after four years

Ares appoints Atalaya founding partner to co-head alternative credit unit
He will serve as co-head of Ares' $4 billion alternative credit unit alongside Keith Ashton 

Pennsylvania SERS appoints acting CIO
The $29 billion Pennsylvania State Employees’ Retirement System (SERS) has appointed deputy chief investment officer James Nolan as acting chief investment officer, effective from this weekend

Credit funds at a glance

Job opportunities with First Eagle: loan analysts
First Eagle Investment Management has released details of two vacancies in its loans team in Boston

BlueMountain lands senior credit trader in New York
BlueMountain has hired an experienced trader in New York to cover credit and special situations

US loan veteran MacLean to retire from Pimco
Pimco loan portfolio manager Beth MacLean will be retiring from the firm in March, a spokesperson for the company firms

Job opportunity with First Eagle: loan trading
First Eagle Investment Management s looking to hire a loan trader in Boston