Loomis Sayles senior loan PM in London set to retire
Loomis Sayles has announced that senior loan portfolio manager Kevin Perry will retire in March 2019

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  

Shetland Islands pension looks to terminate bonds and introduce direct lending
A UK pension fund is looking to terminate its bond mandate and introduce a 12.5% direct lending and 12.5% alternative funds asset allocation, according to board documentation seen by Creditflux

Axa IM brings in global head of fixed income
Axa Investment Managers has appointed Hans Stoter as global head of fixed income, Creditflux has learned

Massachusetts pension fund invests $75 million with TowerBrook
Mass PRIM) has made a $75 million commitment to New-York based TowerBrook Capital Partners for its second structured opportunities fund, according to 15 May board documentation

New York pension fund signs up to new SVP distressed debt fund
New York State Common Retirement Fund has made a $150 million commitment to distressed debt specialist Strategic Value Partners, board documentations reveal 

SVP closes fourth global special situations fund at its $2.85 billion hard cap
Distressed and special situation specialist Strategic Value Partners has held a final close for its fourth special situations fund, hitting its hard cap with $2.85 billion capital commitments

Managers change on $4 billion worth of Fidelity funds ahead of PM's retirement
Veteran Fidelity portfolio manager Matthew Conti is expected to retire in December. In anticipation, several Fidelity credit funds worth a combined $4 billion are shaking up their management mix

Canadian asset manager acquires Asian private credit specialist Clearwater
In a bid to gain entry to the Asian private credit market, Canadian investment firm Fiera Capital Corporation has acquired Asian credit specialist Clearwater Capital Partners

Direct lender Madison announces new CEO
Chicago-based Madison Capital Funding, a subsidiary of New York Life Insurance Company, has announced a CEO successor to step into the role mid-2018

Ironwood raises at least $162 million for new mezz fund
Connecticut-based Ironwood Capital has raised in excess of $162 million for its latest mezzanine fund – Ironwood Mezzanine Fund IV, according to recent SEC filings.

Indianapolis manager reaches final close for $310 million mezzanine fund
The Indianapolis-based manager has held the final close on its fourth mezzanine debt and equity investment fund, hitting its hard cap at $310 million 

UBS Asset Management names new fixed income chief
UBS Asset Management has appointed a new head of fixed income, according to an internal memo seen by Creditflux

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

Houston-based PE firm joins the credit revolution as it markets new fund
The credit market continues to attract private equity firms with a Houston-based firm understood to be the latest buy-out specialist trying its hand at credit management

NatWest brings in southern European credit sales specialist
NatWest (the rebranded investment banking division of RBS) has brought in a southern European credit sales specialist in London

Co-head of structured credit leaves Pine River for New York-based hedge fund
An experienced portfolio manager with a background investing in CLOs, index tranches and options has left Pine River for a rival hedge fund

US bank hires portfolio manager for €1 billion push into European loans
Market sources say that a large US bank has hired a seasoned credit professional with experience at Indicus Advisors, 3i Debt Management and Intermediate Capital Group, as part of its plan to invest in European loans through its treasury desk

Standard Chartered hires new head of credit flow trading
Head of flow credit trading heads back to sell side for new role in Hong Kong 

Experienced financials credit trader leaves SocGen
Societe Generale loses seasoned credit trader after four years in London  

Large hedge fund manager welcomes former Castle Hill credit specialist
Another former Castle Hill employee has found a new home. This time a large US hedge fund manager has raided the firm for a distressed debt specialist

Deutsche Bank's electronic bond trading guru makes shock move
A well-known figure in electronic bond trading has left Deutsche Bank to join a large custodian bank in London

Former Castle Hill partner joins credit hedge fund manager in London
An exodus is taking place at Castle Hill with a partner moving to a credit hedge fund manager in London