Former Fortress Partner joins Star Mountain
The new managing director Cohan joins the investment team and will be based on the west coast  

Cresset sells private credit portfolio to StepStone, spins out private investing biz
Cresset’s head of private credit and other members of that team are not joining StepStone and will not be part of the private investing spinout 

Credit funds at a glance - January 2025
Fund performance, recent hires, recent fundraising

CLO veteran Geoffrey Horton leaves portfolio manager role at BlackRock
After a decade in CLOs, the US-based PM is decamping from BlackRock to make a move outside the structured products space  

Moelis hires from Jefferies for private funds global head
Moelis & Company has nabbed Matt Wesley from Jefferies to lead the private funds advisory business

17Capital hires MD from Barclays to grow NorthAm presence
NAV specialist 17Capital has hired Ari Landsberg as managing director for investments in North America

Antares hires Olga Kosters to head credit secondaries
Antares Capital has hired Olga Kosters to head its credit secondaries business

Oaktree expands asset-based finance team with hires from Atalaya and Goldman
Oaktree Capital Management has increased staff for its asset-backed finance group

Job opportunity with Clarion Credit Partners: Associate
Clarion Credit is looking to hire an associate to join the credit investing team  

Goldman’s head of private credit’s Olafson jumps to BDT & MSD
BDT & MSD Partners has hired Greg Olafson, formerly global head of private credit at Goldman Sachs’ asset management arm

Investcorp Credit’s Jeremy Ghose and Tom Shandell set to exit firm
Investcorp has shaken up its leadership team, with Head of Global Credit Jeremy Ghose to step down and Head of Liquid Credit Investments Tom Shandell also set to leave the firm

DLA Piper bolsters US CLO team with Vavelidis move
DLA Piper has relocated finance partner Kos Vavelidis to New York from the firm’s London office to take on a global role

Goldman Sachs launches capital solutions group for banking clients
Goldman Sachs is combining its financing, origination, structuring and risk management solution activities in global banking, and also named Vivek Bantwal as co-head of global private credit

Ares adds alternative credit co-head in promotion
Ares Management has promoted Kevin Alexander to co-head of alternative credit alongside co-heads Keith Ashton and Joel Holsinger

AllianceBernstein hires CLO veteran Spiro for private credit securitization
AllianceBernstein has hired Eileen Spiro, formerly of Shenkman Capital, to oversee private credit, recurring revenue and asset-backed securitizations

Steven Cohen’s Point 72 taps Blackstone veteran to build private credit strategy
Point72 has hired Blackstone's Todd Hirsch as head of private capital to build a new investment strategy focused on private credit

Ninety One taps Standard Chartered Bank exec to head alternative credit
Ninety One, a global investment manager with almost USD 171bn in assets under management, has appointed Alper Kilic to serve as head of alternative credit

JPMorgan names new CLO leadership team to replace trio of senior departures
The CLO market's biggest arranger has named a new global head as well as other CLO leaders to replace Christine Ferris, Anusha Joly, and Mussie Tizazu

Canyon Partners promotes co-head of private credit Kivitz to CIO role
Canyon Partners has tapped co-head of private credit Jeff Kivitz to serve as the firm’s next CIO, replacing outgoing Todd Lemkin

Barings hires Churchill MD for private debt originations
Barings Global Private Finance has hired a managing director from Churchill Asset Management to serve as a managing director for North America Private Credit

PGIM Fixed Income builds large cap direct lending with new hire
PGIM Fixed Income has picked up a former Texas Capital managing director as it builds out its large cap direct lending business 

Reed Smith continues CLO expansion with two new hires
Global law firm Reed Smith has announced the hire of a new partner and counsel for its New York CLO team, continuing the build out there following the hire of Jeff Stern in July

Canyon Partners hires credit product specialist from Varde
Canyon Partners, a global alternative investment manager, has hired a new managing director from Varde to act as lead credit product specialist

HSBC Asset Management launches venture debt strategy with new hire
HSBC Asset Management turned to an SVB Capital veteran for a newly created position, head of innovation credit, to build out a venture lending strategy

Marc Boatwright leaves Post Advisory
CLO veteran Marc Boatwright has left Post Advisory Group where he was helping to spearhead the firm’s CLO and private fund efforts