Citigroup’s Jim Hughes departs for TPG Angelo Gordon
TPG Angelo Gordon has nabbed the more than 20-year Citi veteran.

International trading systems were broken before Trump started smashing them up
Whether he succeeds in using economic might to assert US authority in the world, Trump will be brandishing the weapon of tariffs in an already fragile international trading system.

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

Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

The powers behind the loan
Thought that Wall Street still pulled the shots in LBO financing? Meet the real power brokers of the new world order — the people who run buy-side capital markets desks at private equity firms

Oak Hill seeks to raise new CLO equity fund with mammoth cap
Alternative credit manager Oak Hill is raising a huge new captive CLO equity fund to support global deal activity

Capital Four named new sub manager of high yield bond fund
Danish boutique asset manager Capital Four revealed on Tuesday that it will take over sub-management of the Nordea 1 - International High Yield Bond Fund, as the firm continues to build out its investment capabilities in the US

Wellington prices first CLO 2.0 deal
Wellington Management became the newest US CLO manager last week as the Boston-based manager priced Wellington Management CLO I

Orix USA names head of East Coast for Growth Capital business

Orix USA seeks to grow East Coast division of Growth Capital business with new hire. 

Middle-market lender grows with new hires and promotions
Connecticut-based middle market investment firm Ironwood Capital grows team

MUFG welcomes two senior originators to new US direct lending team
Mitsubishi UFJ Financial Group has made two senior appointments to its new direct lending business

CLO counterparties hunt for signs of optimism: SFIG conference
Leveraged loan and CLO investors are hunting for signs of optimism as they face the prospect of a US recession

CLO lawyers move as team again to join Linklaters in New York
Linklaters has poached three CLO officials from rival Alston & Bird, including two partners

US CLO manager valued at $278 million goes up for sale
One of the most consistent US CLO issuers for two decades is on the market

Goldman hires veteran CLO structurer to boost US business
Goldman Sachs has hired a well known CLO structurer to its operations in New York

Ironwood targets $500 million for mezz debt and equity fund
Ironwood Capital is targeting $500 million ($550 million hard cap) for its latest fund which will focus on subordinated debt and minority equity investments in lower middle market US companies

Taliban takeover likely to have long-term credit impact
Afghanistan’s takeover by the Taliban has barely caused a ripple in credit even regionally, but the power shift has wide-reaching implications that investors have yet to take onboard, say frontier market specialists

Experienced CLO trader lands at East West in New York
A well known figure in the CLO trading business has landed at East West Bank based in New York

"I’ve been doing ESG for 27 years; I just didn’t know it"
Apollo's Joe Mornoey takes our credit quiz

US CLO syndication head leaves Goldman Sachs
The head of CLO and ABS syndication at Goldman Sachs in New York has resigned from his post

Former Credit Suisse CDO head returns to KKR
KKR has hired two managing directors to its global private credit team, with one its former structured credit fund manager

York axes European hedge funds and prioritises long duration assets as co-CIO leaves
York Capital Management has opted to axe its European hedge fund strategies and refocus on alternatives including CLOs amid a string of executive personnel changes

Credit Suisse shakes up leveraged finance with origination and restructuring co-heads
Credit Suisse has made a number of senior promotions in its leveraged finance team, appointing two new global co-heads of leveraged finance origination and restructuring

Axiom bets on 2002-style credit recovery with crossover fund launch
Axiom Alternative Investments is readying to launch a fund aimed at generating returns from the dislocation and revival of European and US credit as the coronavirus pandemic develops

Fitch promotes Miller to US structured credit head as Kendra moves to RMBS role
Fitch Ratings has promoted Kevin Kendra to US RMBS head, while Derek Miller will step into Kendra's old job as US structured credit head