Los Angeles-based firm hires Napier Park's former head of distressed debt
A west coast manager has drafted in an experienced distressed debt official to its team, which specialises in mid-market opportunities

Principal and Finisterre team up to launch emerging market Ucits fund
Multi-boutique asset management firm Principal Global Investors has launched an unconstrained emerging markets fixed income Ucits that will be managed by its subsidiary, Finisterre Capital

Wealth manager SCS raises $45 million for offshore credit fund
SCS Capital Management has raised $44.8 million for its Multi-Sector Credit and is backed by 30 investors to date

Medley adds managing director to its fundraising team
A marketing official who previously worked at Oak Hill Advisors has landed at Medley Management’s San Francisco offices

Managers scrutinise valuations as CLO reset and refi boom continues
CLO managers are putting a concerted effort into accurately valuing their deals as they seek to embrace the current reset and refinancing phenomenon.

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

JP Morgan's head of European CLO origination set to relocate to New York
The head of JP Morgan’s primary European CLO team is in the process of relocating from London to New York, according to market sources.

EJF recycles legacy assets to price first trups CDO of 2017
Hedge fund manager EJF Capital is understood to have priced a trust-preferred CDO backed by assets issued before the crisis

Angelo Gordon continues to ramp up after launching large direct lending fund
Angelo Gordon’s US direct lending unit has added a $55 million position to its new fund

Healthcare exposure has potential to inflict pain
Mill Hill Capital’s David Meneret takes our credit quiz

London-based private equity firm looks to land in credit
High profile firm hunts a credit head to build a sizeable business in this area

Former colleagues unite for new credit hedge fund
Centerbridge and Anchorage officials team up to launch a long-short credit hedge fund

Credit trader heading to BNP Paribas after just months with rival
Trader set to return to a dealer he had worked at for nine years, after the briefest of stints at a rival European bank

Mezz investors take novel route to unwinding legacy euro CLO
Junior debt investors in a 2005 European CLO have made a highly unusual move that would see the deal redeemed early but leave them with a small loss to their principal

Goldman's credit correlation head takes on top trading role in London
A Goldman Sachs veteran is leaving the bank after 17 years and sources say that the head of credit correlation trading at the bank is stepping up to head European credit trading

What Trump means for the middle market
Two weeks on from what Henry Kaufman dubbed a ‘tectonic shift’, what is the outlook for the middle market?

ABN Amro hires for credit sales in London push
Dutch bank hires from electronic platform for latest credit and rates addition 

Hedge fund manager bolsters its team by hiring CLO specialist
A New York-based structured credit fund manager has drafted in a seasoned CLO investing pro

Head of global leveraged finance set to leave BlueBay
The head of global leveraged finance is due to leave BlueBay, officials at the company have confirmed to Creditflux. Two experienced BlueBay professionals will step up to fill the void  

Goldman Sachs picks up emerging market trader in game of musical chairs
Emerging markets credit trader joins US bank’s London offices from rival 

Legacy Golub CLO set to be redeemed for stellar final IRR
A 2007 CLO managed by Golub Capital Management looks set for a stellar final IRR when it is redeemed later this month

CLO specialist returns to Apollo to work on its risk-retention platform
Apollo Global Management has rehired a former CLO portfolio manager for a key role within its US risk-retention vehicle

Canadian pension fund finds Minnesota nice
Two credit managers based in the Minneapolis area have been awarded mandates by Canada Pension Plan Investment Board

US regional bank swoops for RBS corporate credit trader
An experienced credit trader has left RBS in New York after serving 14 years at the bank