Sculptor promotes two after European credit head leaves for Pimco
Sculptor Capital Management has filled the void left by Mathieu Clavel, its former head of European and Asian corporate credit in Europe and Asia, by promoting two senior figures in its credit business

Alcentra appoints DeSimone as CEO
Alcentra has appointed Johnathan DeSimone as chief executive officer following David Forbes-Nixon’s decision to step down and take an investment role at the firm

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

The opportunities to build par and spread within a CLO haven’t been this plentiful since 2009
Last year’s CLOs could become the benchmark for manager performance

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

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  

Gulf Stream to take CLO plunge again — eight years after sale
A CLO management business that was sold in 2011 is set to have a spectacular rebirth. Market sources say that Gulf Stream Asset Management is set to relaunch as a separate, standalone business, some eight years after the original version of the company was acquired and subsequently absorbed by Apollo Global Management.

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

Experience has taught me to be sceptical of second lien loans
Alex Jackson takes our credit quiz

I liked it when banks could hold risk and actually had inventory to shift
Louis Gargour, CIO of LNG Capital, takes our credit quiz

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 

Eleven years on and trups CDOs are still the best investment in credit
Hildene's Brett Jefferson takes our credit quiz

Head of CLO trading parts company with RBC
A well-known CLO trader has left RBC, where he is credited with helping to build the bank's secondary CLO business

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

Alcentra creeps closer to $300 million target with third structured credit fund
London-headquartered Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management, appears to have raised more than $214 million for its third Clareant structured credit opportunities 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 

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