CEO of Blackstone's hedge fund solution platform steps aside
Blackstone has announced that J Tomilson Hill, president and chief executive officer of Blackstone Alternative Asset Management (BAAM), will be transitioning to a new role as chairman of BAAM

Cairn builds out business development team with Investcorp and Camares hires
Credit and CLO manager Cairn Capital has announced two new appointments to its business development team in London

Florida manager taps former Hildene marketing head in IR role
III Capital Management has hired an investor relations professional from Hildene Capital Management

Hunton & Williams appoints veteran CLO lawyer as partner
Global law firm Hunton & Williams has appointed Angus Duncan as a partner in the firm’s London-based structured finance and specialty finance transactions practice

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

Fund of hedge fund operator appoints new CFO and COO
Alternative investment firm Gapstow has appointed a new chief financial officer and chief operating officer, promoting internally to fill the roles

Law firm bolsters its CLO practice after hiring from Credit Suisse
Law firm Chapman and Cutler has further strengthened its CLO and structured finance practice, bringing in a figure from Credit Suisse's new issue CLO team

Past returns: binomial expansion model was the catalyst for shorting AIG
10 years ago, Creditflux reported on AIG's approach to marking its structured credit book. The article prompted one trader to put on a large short position which profited as AIG turned to the US government for a bail-out

Citi promotes European CLO head and co-head of credit correlation trading
Citi – a market leader in CLO origination and bespokes – has promoted officials responsible for these businesses.

Credit Suisse brings in structured credit veteran to business development role
Credit Suisse has strengthened its securitised products team in New York, hiring a business development official to a team led by global structured credit head Jay Kim

Apollo's credit chief Zelter takes on new role as co-president
Credit veteran James Zelter been elevated to co-president at Apollo Global Management

Wells Fargo rewards CLO veteran with another promotion
Wells Fargo has appointed Mary Katherine DuBose as head of debt capital markets effective immediately

New European credit firm hires investor relations head from CQS after strong start
A recently-launched fund manager has hired from CQS after raising roughly €100 million for its debut credit opps fund

Los Angeles firm takes over Greenwich-based direct lending BDC
Oaktree has taken over management of its newly acquired direct lending unit, which was formerly known as Fifth Street Finance Corp

White & Case promotes three credit lawyers to partners in US and Europe
White & Case has announced the promotion of three lawyers with credit expertise to its partnership in offices across the US and Europe

Cairn appoints Burke and Godall as co-chief investment officers
Cairn Capital has appointed Andrew Burke and Asif Godall as co-chief investment officers

Seer's Lamont set to join European credit firm as managing partner
European merchant bank has signalled big plans in structured credit by hiring a well-known former Deutsche Bank figure

Experienced CLO trader joins Orchard in London
Structured credit specialist adds a portfolio manager, who previously served at Deutsche Bank and Brevan Howard, to its team in London

Goldman's former head of structured credit trading to move to the buy side
Goldman Sachs veteran Jerry Ouderkirk is joining Pretium Partners, according to a Bloomberg report

LibreMax eyes esoteric assets as it makes major structured credit hire
Market sources say US hedge fund manager is looking beyond hedge fund structures for a new business aimed at esoteric credit assets. To lead this project, the firm has hired a big name in CLOs and structured credit

Real estate advisor hires from CBRE for new structured finance unit
Cushman & Wakefield has launched a debt and structured finance unit in Amsterdam, appointing two specialists from CBRE to the team

Black Diamond hires structured credit specialist from Natixis's CLO desk
Black Diamond Capital Management has hired former Natixis credit specialist Andy Phelps as a senior managing director, after working alongside him on CLO deals for years

Latham & Watkins hires structured finance veteran to its London office
Structured finance veteran Simeon Rudin joins from Freshfields Bruckhaus Deringer, according to a press release

Saba's former head of Europe lands at large credit hedge fund manager
The former head of Europe for Saba Capital Management has become a London-based credit manager's second major hire in four months

Highland appoints co-CIO with internal promotion
Dallas-based Highland Capital Management has promoted credit research specialist Trey Parker to co-chief investment officer