Corum Butler hires experienced high yield portfolio manager
Corum Butler has added to its team of five bond fund portfolio managers with a Paris-based hire

York's European credit team embarks on fresh start under Fidera
York Capital’s European credit team has completed its spin out 

Russia debt hits default levels amid FX and asset lock-up
Russia appears to be on the brink of default on its debt, with bonds and CDS pricing in the likelihood of an imminent trigger

Marathon promotes CLO specialist to managing director
Marathon Asset Management has a promoted CLO specialist to managing director, in a role which encompasses the management of all non-credit elements of the firm’s CLO business

Franklin makes it back to CLOs as parent company looks to issue through two channels
Franklin Advisers has made a return to CLO management after 10 years in a deal arranged by JP Morgan

Infrastructure manager targets €1 billion for eclectic mix of project finance debt and SRTs
A Copenhagen-based firm is launching its first credit fund and has partnered with an SRT specialist in London for a component of its potential €1 billion offering  

Pemberton hires former BlackRock official for new Dubai office
Pemberton has become the latest credit manager to expand its presence in the middle east with a new Dubai office

Former CIFC European CIO moves on from CLOs as he joins Man
Man Group has hired CIFC's former European chief investment officer alongside a Swiss Re official to launch a new capital assets solution unit

WhiteStar to absorb MacKay Shields' European CLO platform
WhiteStar Asset Management has swooped for MacKay Shields’ European CLO business, ending weeks of speculation over the latter’s CLO ambitions and confirming WhiteStar's status as a rising star 

It's All Relative: CQS, Capital Four and Tikehau look for CLO breakthrough as debutant premiums drop
The number of US CLO issuers in 2021 could be about to reach 106 with Capital Four, CQS and Tikehau looking to price debut deals, with price talk set at ambitious levels

HPS targets $9.5 billion for fifth mezzanine debt fund
HPS Investment Partners is targeting $9.5 billion for its fifth global mezzanine debt fund, HPS Strategic Investment Partners V - but unlike earlier vintages, HPS says it will not target opportunities within the upstream energy space

CLO resets drive equity returns to highest in five years: JP Morgan
Equity investors in US CLOs are earning, on average, the biggest returns of the past five years, finds JP Morgan – with deals reset this year having done most to raise the numbers

Blackstone Credit names tech investing head
Blackstone Credit has promoted a New York-based official as its global head of technology investing

Tikehau snags ex-Investcorp CLO veteran to bolster global structured credit business
Tikehau Capital has hired the former head of Investcorp's US credit business to a newly created role of partner and chairman of its global structured credit strategies

Lazard targets IG, crossover and HY in long/short credit ucits fund
Lazard Asset Management has unveiled a new credit ucits fund that will invest primarily in investment grade, crossover and high yield bonds in Europe and North America

Big name family business lines up corp hybrids fund
Edmond de Rothschild Asset Management (Edram) plans to launch a corporate hybrid fund and has hired Alex Eventon to lead the effort

"I’m passionate about broader representation within investment teams"
CIP's Leila Donnachy takes our credit quiz 

Sycamore Tree starts with clean slate as it markets debut CLO via Citi
Sycamore Tree Capital Partners is marketing its inaugural CLO via Citi 

LibreMax collects $225 million for structured credit fund
LibreMax Capital has closed its fifth drawdown vehicle, LibreMax Structured Opportunities Partners I, at $225 million

Livermore gives Peace a chance with anchor role in Blackstone deal and plans more CLO investments
CLO equity investor Livermore Investments Group reveals it was the anchor investor in a recent $650 million US deal

US CLO pipeline: 1.0 manager returning, Carlyle going for CLO 10 as market goes to 100
Never in 1,000 years would the critics have expected this 

Fitch places 102 US CLO tranches under 'observation' following methodology changes
Fitch Ratings says it has placed 102 tranches issued by 43 US CLOs and 13 tranches by seven Trups CDOs under criteria observation, following the update to its CLO and corporate CDO rating criteria earlier this month

Deutsche Bank adds credit trading head to US build out
Deutsche Bank is looking at the next phase of its US development with the hire of a credit trading head from another bank 

US CLO pipeline: 33 new issues enter market with historic CLO records on the verge of shattering
The US CLO market is running as hot as it has all year with a whopping 33 managers marketing new issues CLOs, according to market sources

Lead Onex CLO PM joins Dallas-based credit start-up Sycamore Tree
Start-up credit manager Sycamore Tree Capital Partners has hired an experienced CLO PM to oversee its nascent CLO management business