Ashurst promotes five debt specialists to partner
Global law firm Ashurst has announced the promotion of 24 to partnership - including Kerion Ball, James Knight, Laura Ho, Tara Waters and Caroline Smart

LGIM chief executive officer Zinkula steps down
Legal & General Invesment’s (LGIM) chief executive officer Mark Zinkula will step down from his position in August this year following his retirement

Credit hedge fund to pay $10 million to settle insider trading case
New York-based Visium Asset Management is to pay approximately $10 million to settle a credit fund insider trading case, 8 May US regulatory filings reveal

Investcorp names new co-CEO
Alterative investment manager Investcorp has announced that Hazem Ben-Gacem will become co-chief executive officer, joining current co-CEO Rishi Kapoor

Cerberus appoints former JP Morgan COO as president
New York-based Cerberus Capital Management has announced three senior leadership promotions: Matt Zames as president of Cerberus, Frank Bruno to co-chief executive officer  and Lee Millstein as president of the Cerberus global investments.   

Cheyne generates double-digit returns for hedge funds
Cheyne Capital has delivered with two credit hedge funds that have reached their maturity

ICG names new non-executive director in London
ICG has announced a new hire to its London office: a director with significant experience in the asset management space, including a stint as chair at SVG Capital

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

PineBridge appoints high-ranking State Street official as its COO
Global asset manager PineBridge Investments has appointed of Michael Karpik as chief operating officer, according to a statement by the firm

Spire hires credit analysts from CIC and Mediterranean Bank in London
London-based Spire Partners has announced two new additions to its credit team, with Ian Richardson and Antoine Pinton joining the firm from CIC and Mediterranean Bank respectively

Seasoned credit specialist swaps River Birch for Guggenheim Securities
Guggenheim Securities has poached Jim Seery from credit fund manager River Birch Capital

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

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

Ex-UBS European CLO trading head joins Moody’s Analytics
Moody’s Analytics has hired an ABS trader to help promote its structured finance portal in Europe

Dealer adds another ex-Deutsche Bank trader to its emerging market team
A bank is pushing into emerging market credit trading with another big hire in London

Morgan Stanley rehires former employee for credit index trading role
Credit trader returns to Morgan Stanley in New York to trade macro credit in indices and options 

Deutsche Bank adds high yield credit analyst in Europe
Deutsche Bank has bolstered its high yield research team in London by hiring an analyst from Castle Hill Asset Management

JP Morgan hires bank's head of CVA trading for Asian credit role
JP Morgan hires CVA trader from London to head up Singapore business 

Experienced financials credit trader leaves SocGen
Societe Generale loses seasoned credit trader after four years in London