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

Allianz GI names CEO and head of investments as Utermann steps down
Allianz Global Investors has named Tobias Pross as chief executive officer and Deborah Zurkow as global head of investments, following the resignation of Andreas Utermann

NNIP's private debt head moves to private equity job
The team leader for direct lending, loan portfolio financing and non-performing loan securitisations at NN Investment Partners has moved to a senior private equity job at AnaCap Financial Partners

Kames names replacement as CEO steps down after six years
The UK fund manager has appointed its chief investment officer as interim CEO 

Australian pension fund hires head of ESG
The Australian Catholic Superannuation & Retirement Fund has appointed Louise Bradshaw to lead the pension fund’s initiatives in regard to environmental, social, and governance (ESG) investments

Credit traders' kickstand: Basis and CDS curves take focus with long wait ahead for central bank direction
With almost a month to wait before the European Central Bank and US Federal Reserve hold their next decisive meetings, a bumpier and seemingly directionless road continues in credit markets as investors show little inclination to do anything more adventurous than just hold on tight

Atalaya hires experienced credit portfolio manager in New York
An experienced figure in distressed middle-market debt investing has landed at Atalaya and reunited with a former colleague  

Ellington hires business development head in London
Ellington Management Group has appointed Jonas Frantz to head up business development in Europe and the Middle East, according to market sources

Owl Creek turns heads to special situations with new fund
The firm joins several other distressed investors preparing to take advantage of a potential downturn

Carlyle lands acquisition of $5.6 billion Apollo Aviation
The Carlyle Group has expanded its asset-based credit offerings with the acquisition of Apollo Aviation Group 

New Mexico investment council approves commitment to Silver Point strategy
Special situations credit firm Silver Point is set to receive $100 million from a US state investment fund for its latest distressed credit stratregy

BNY Mellon IM brings Insight bond fund on to its distribution platform
New York-headquartered BNY Mellon IM introduced a new multi-sector bond fund - BNY Mellon Insight Core Plus Fund - which will be subadvised by Insight Investment 

Weeks after a $550 million close, Silver Point raises $511 million for distressed debt
Greenwich-based Silver Point Capital has raised more than $511 million for a new distressed debt fund, regulatory filings show

Blackstone names new president and COO
Global asset manager Blackstone has named Jon Gray, the firm's current global head of real estate, president and chief operating officer

BNY Mellon launches new emerging market debt fund
The New York-based manager launched the fund – which will be available to investors across the UK, Europe and Asia Pacific – following what the firm describes as a “dramatic transformation” in emerging market debt 

Trailblazing ethical investment fund from Rathbones passes £1 billion
Well before ESG (environmental, social and governance) investing became a buzzword, a Rathbones-managed fund was investing in ethical companies. Now that vehicle – Rathbone Ethical Bond fund – has passed £1.03 billion

Global asset manager becomes latest to receive China fund license
Aberdeen Standard Investment's Shanghai enterprise has obtained private securities fund management approval in China 

London-based SRI fund passes the $1.3 billion mark
A socially responsible investment fund run by Rathbones is believed to be the first 'sustainable' fixed income fund to reach the £1 billion ($1.33 billion) mark

Mumbai manager announces first close of private debt fund
A subsidiary of Mumbai-based UTI Asset Management Company has progressed its plans to tap into the Indian credit market, announcing the first close of its structured debt fund

Manager raises $11 million for third credit opportunities fund
An Atlanta-based manager has raised more than $11 million from 31 investors for its third credit opps fund 

Cheyne launches new global credit fund
The fund is the latest in the managers investment grade corporate credit strategy. 

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

New York manager raises $75 million for alternative credit fund
Global Alternative Credit Fund has raised $75 million since 2016

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