$1.8 billion manager Shelton buys credit manager Cedar Ridge
The $1.85 billion multi-asset manager has bought credit-focused firm Cedar Ridge Partners

Axa IM looks to buy stake in mezzanine lender Capzanine
Axa Investment Managers (Axa IM), the multi-asset investor, and Axa France, the Paris-based insurance company, have entered exclusive talks to buy a minority stake in French private equity house and debt provider Capzanine, from Eurazeo

Three US managers capitalise on loan volatility to price new CLOs
It’s late in the year, but loan market volatility seems to be presenting CLO managers with ideal circumstances in which to ramp up portfolios and price deals

New Mexico allocates $175 million to credit
New Mexico State Investment Council has awarded a $75 million commitment to real estate debt and $100 million commitment to a multi-credit fund

Serone expands structured credit team as former GoldenTree official joins
London-based Serone Capital Management has added to its team with the hire of a structured products specialist

New Energy seeks to fuel second credit fund with $400 million
New Energy Capital is looking to raise $400 million for its second infrastructure credit fund, according to US regulatory filings

Baker McKenzie adds two global finance partners in London office
Global law firm Baker McKenzie has bolstered its finance team with the addition of two partners in the London office

The perception of liquidity is often not the same as the reality
Investec Asset Management's Jeff Boswell takes our credit quiz and discusses liquidity in Europe, the former "darling of the European debt market" Vivarte and the Matrix

CDS could help wean credit off the QE intravenous drip
Muzinich's high yield portfolio manager Thomas Samson takes our credit quiz

LCM Partners acquires €300 million Spanish NPL portfolio
European alternative investment manager LCM Partners has acquired €300 million of Spanish non-performing SME loans from Barcelona-based Grupo Cooperativo Cajamar

US manager plans debut 2.0 European CLO, six years after selling 1.0 deals
A large US CLO manager is warehousing its first 2.0 CLO in Europe

CIFC's Vaccaro takes over as sole CEO as Wriedt makes abrupt departure
Steve Vaccaro has been appointed sole chief executive officer of CIFC Asset Management following the departure of co-CEO Oliver Wriedt

Pictet appoints head of emerging maket debt following resignation
Pictet Asset Management has appointed Mary-Therese Barton as head of emerging market debt following the resignation of Simon Lue-Long, Pictet’s former head of EM debt. 

Fulcrum launches new multi-strat fund with daily liquidity
Fulcrum Asset Management has launched TM Fulcrum Diversified Liquid Alternatives Fund, which will invest across real assets, alternative credit and diversifiers

Making it to the top: women reflect on changes in the CLO industry
As a growing number of women break the glass ceiling and take senior positions in CLO firms, Creditflux asked about the opportunities and challenges they face. By Michelle D’Souza

Former CQS credit CIO Finch joins Man GLG in top credit role
Man Group has hired Simon Finch as CIO of credit at its Man GLG unit

Och-Ziff's head of European private credit set to join Carlyle
Carlyle Group has made a high profile hire to its credit team in London

Chicago manager holds initial close for $1 billion private credit fund
Monroe Capital has held a $348 million initial close for its third private credit fund, which has a $1 billion hard cap, market sources say

CLO equity and mezzanine fund liquidates two years before reinvestment period
BK Opportunities Fund-2 has liquidated two years before the end of its reinvestment period with annualised net return since inception at 12.4%, Creditflux has learned

Ex-BlackRock fixed income pair launch cryptocurrency fund
A pair of former BlackRock bond specialists are launching a London-based cryptocurrency hedge fund known as Prime Factor Capital

THL Credit assigns new role to senior portfolio manager Murphy
Alternative credit manager THL Credit Advisors has promoted managing director Brian Murphy to head of capital markets

Demand for IG outweighs HY as US credit manager launches two funds
A west coast asset manager has launched a high yield strategy and an investment grade fund. The IG option has been more popular thus far

Al Gore and David Blood's Generation to drop credit strategy
London-based Generation Investment Management, cofounded by former US Vice president Al Gore and Goldman Sach’s David Blood, has decided to drop its global credit strategy and invest solely in equities

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

Morgan Stanley promotes New York-based CLO specialist to managing director
The head of US CLO syndication, who has recently taken on a bigger role at Morgan Stanley, has been promoted to MD