September: credit funds at a glance
White Oak Global Advisors held a $2.1 billion final close on a new direct lending fund, while Phil Raciti's move from CVC Credit Partners to Halcyon Capital Management was one of the biggest moves in the credit industry

Alaska fund appoints CIO
Alaska Permanent Fund Corporation (APFC), the $65 billion sovereign wealth fund, has promoted an official to chief investment officer.

CIFC hires team of four for distressed credit push
CIFC, a manager specialising in US corporate and structured credit, is building out its distressed debt capabilities with four senior hires in anticipation of a maturing credit cycle

Symphony CEO Stein steps down after 19 years
Symphony Asset Management's CEO and CIO has resigned, with four colleagues assuming his responsibilities

CLO veteran parts ways with Tetragon
A senior structured credit veteran has departed Tetragon, according to market sources

Halcyon poaches CVC's US performing credit head Raciti
Halcyon Capital Management has poached CVC Credit Partners’ Philip Raciti and appointed him head of US performing credit and portfolio manager

Calpers appoints CIO
California Public Employees Retirement System (Calpers), the $360 billion pension fund, has appointed Yu Ben Meng as chief investment officer.

BTIG brings in high yield and distressed sales specialist
BTIG has strengthened its credit team with the appointment of a managing director focused on high yield and distressed sales

HIG appoints US head of real estate debt origination
HIG Realty Partners has bolstered its team with the appointment of Michael Mestel as managing director and head of US real estate debt originations

BlackRock names head of US CLO business, reports Reuters
BlackRock has appointed Owen Butler to lead its US CLO business, according to an internal memo seen by Reuters

CPPIB hires high profile European credit portfolio manager in London
Canada Pension Plan Investment Board has hired an experienced PM who previously worked on CLOs and private credit at Apollo

Tetragon confirms appointment of former BlackRock US CLO co-head Snell
Scott Snell, former head of BlackRock's US CLO unit, has joined Tetragon 

HarbourVest adds managing director to growing US private credit team
HarbourVest Partners has bolstered its private credit team with the addition of Karen Simeone, who joins as managing director

Private credit specialist rejoins Ares in Los Angeles
Ares Capital Management has appointed managing director Michael Zugay to its private credit team in Los Angeles 

Reed Smith adds former NatWest structured finance specialist to its team
Law firm Reed Smith has added structured finance specialist David Barton as counsel in its London office

Ares brings in credit portfolio managers from DoubleLine and Pimco
Ares Management has bolstered its liquid credit team with the appointment of Jason Duko and Kapil Singh, who join as partners and portfolio managers

Family office CIO and ex-Kimura official launch new private debt firm
The chief investment officer of single-family office and an official who previously worked at Kimura Capital have joined forces to launch an asset management business

Benefit Street Partners taps Monroe and BlackRock for private debt origination hires
Benefit Street Partners has made two senior appointments to its private debt origination team

Crayhill bolsters private credit team with managing director hire
Crayhill Capital Management has strengthened its asset-based private credit team with the appointment of a managing director in New York

Pimco adds two former Tennenbaum officials as portfolio managers
Fixed income specialist Pimco has poached former Tennenbaum Capital Partner officials Geoffrey Jones and Gabriel Goldstein

Loomis Sayles makes global fixed income senior role changes
Kenneth Buntrock, portfolio manager and co-team leader of the global fixed income team will retire in March 2019  

Baker McKenzie adds two global finance partners in London office
Global law firm Baker McKenzie has bolstered its finance team with the addition of two partners in the London office

AllianceBernstein looks towards BSL CLO management with new hire
AllianceBernstein is looking to expand its CLO management business and enter into the world of broadly syndicated CLOs

The perception of liquidity is often not the same as the reality
Investec Asset Management's Jeff Boswell takes our credit quiz and discusses liquidity in Europe, the former "darling of the European debt market" Vivarte and the Matrix