GSO co-founder plans new credit business
GSO Capital Partners co-founder Tripp Smith is launching his own credit management firm, according to a report by Bloomberg

KKR promotes three European credit specialists to managing directors
KKR has promoted several members of its team to managing directors - including a former US CLO portfolio manager

Akin Gump bolsters financial restructuring debt team with four partners
Akin Gump Strauss Hauer & Feld has bolstered its financial restructuring and global debt finance team with a new Connecticut office and the addition of four partners

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

Cheyne hires ex-BlueBay official to its new loans business in London
Cheyne Capital Management has finalised the formation of its strategic value credit business with Richard Cazenove joining as partner and senior portfolio manager after leaving BlueBay Asset Management earlier this year

EQT adds director to credit opportunities team
EQT Credit has made a hire from Santander in London

Newly launched Kyma appoints two senior investment analysts
Kyma Capital, co-founded by former GSO Capital Partners executive Akshay Shah earlier this year, has added two investment analysts in London

Värde appoints business development and investor relations head in London
Global alternative investment firm Värde Partners has appointed Shannon Gallagher as head of business development and investor relations for EMEA

CVC hires credit sourcing specialist as managing director
 CVC Credit has hired Josefa Llinares as managing director, responsible for sourcing credit opportunities across the platform

Former CQS credit CIO Finch joins Man GLG in top credit role
Man Group has hired Simon Finch as CIO of credit at its Man GLG unit

CarVal distressed specialist departs after three and a half years in London
Maxime Hennequet has left CarVal Investors after more than three years at the firm, Creditflux has learned

Structured credit PM earns promotion as Pimco unveils new managing directors
Structured credit portfolio manager Russell Gannaway is among seven officials to have been promoted to managing director at Pimco

Och-Ziff's head of European private credit set to join Carlyle
Carlyle Group has made a high profile hire to its credit team in London

Tetragon shuts down distressed debt fund amid claims of fundraising struggles
Tetragon Financial Group is shuttering one of its subsidiary’s funds amid claims of troubles with fundraising

Goldman distressed debt specialist to join HPS in London
London-based Frederick Morris is leaving Goldman Sachs and moving to HPS Investment Partners, Creditflux has learned

Former ICG credit head Kershaw takes advisory role at distressed debt firm
Dagmar Kent Kershaw, the former head of Intermediate Capital Group's credit fund businessin Europe and Australia, has landed an advisory role at a $7 billion distressed debt manager

Brokerage Exotix appoints global head of fixed income
London-based Exotix Capital has appointed Dean Tyler as global head of fixed income

Carlyle's head of origination for credit earns promotion to partner
Carlyle Group has announced 58 senior promotions across all its global offices: eight to partner, 19 to managing director and 31 to principal/director

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Searchlight hires former head of opportunistic European credit at Apollo
Apollo Global Management's former head of European opportunistic credit Ralf Ackermann has been hired as partner at private investment firm Searchlight Capital Partners

Eyck founding partner moves to London investment manager
A founding partner at Eyck Capital Manager, London-based Luca Moro, has resurfaced at investment manager Numen Capital

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

Goldman Sachs hires seasoned distressed debt specialist in London
Distressed debt specialist leaves Deutsche Bank after seven years

Insurance-affiliated manager hires from Pemberton for direct lending push
An asset manager with access to insurance company capital has hired the former UK & Ireland head of origination from Pemberton Asset Management

CVC Credit appoints chairman as credit CIO steps down
CVC Credit Partners has today announced that Stephen Hickey will be leaving the firm for personal reasons. Joining the firm will be former JP Morgan leveraged finance head Hamish Buckland