European CLO PM rumoured to be joining CIFC from large asset manager
CIFC Asset Management looks to have made a major breakthrough in its bid to establish a European credit business with the $17 billion asset manager rumoured to be hiring the head of European performing credit at a large global credit firm

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

Global head of credit correlation leaves JP Morgan to launch new hedge fund
Market sources say that a high profile figure, known to have been responsible for unwinding JP Morgan's 'London whale' positions, has left the bank to start his own hedge fund

CLO b-wic line up: equity in Apollo euro deal with low funding costs goes on sale
European CLO equity is so often described as being the most illiquid part of the global CLO market, but the last few days there has been a significant amount of trading in this area.

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

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

CLO b-wic line-up: over $300 million of senior CLO paper goes on the block
Senior notes dominate the secondary market today as $306.5 million worth of triple A notes are up for grabs

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

CLO b-wic line-up: $42 million of double B CLOs go up for sale
$41.9 million of double B notes are up for grabs today via b-wics. Out of these 16 line items, GSO Capital Partners’ Seneca Park is a noteworthy deal with the CLO being just two months away from the end of its reinvestment period

Private debt impact funds demonstrate their value in emerging markets
Private debt is becoming an important channel for impact investing with over a third of impact investing AUM tied to private debt, according to a new survey

Tracking down the credit industry’s original winners
All winning managers at the first Creditflux awards survived the crisis, under their own names – like BlackRock – or under new owners. But what happened to the people who collected the trophies?
 

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

Golding poaches BlueBay's Das to head private debt
Golding Capital Partners has expanded its private debt capabilities, hiring former BlueBay partner Abhik Das as private debt head and Florian Hofer as investment manager

US manager hires Alcentra loan PM to spearhead new European CLO unit
A US manager is expected to make its first move into the European CLO market after hiring an experienced loans specialist in London

Distressed credit specialist rakes in $781 million for global debt fund
Balbec Capital's latest global credit fund has a $1 billion target

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

Synthetic CDOs seek to follow CLOs
Growing issuance, interest in longer maturities and the emergence of a secondary market are encouraging dealers to believe that bespokes are on the road to acceptance. By Sayed Kadiri

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

Man GLG appoints credit portfolio manager
London-headquartered fund manager Man GLG has promoted Andrew Freestone to credit portfolio manager

Who predicted $145 billion of issuance?
That went better than expected: US risk retention came in, and $145 billion of global new issuance later, it’s clear that CLOs aren’t disappearing. By Tanvi Gupta and Sam Robinson

CVC appoints global head of performing credit as Bowers steps down in London
CVC Credit Partners is putting in place a new leadership structure, with partner and senior portfolio manager Jonathan Bowers set to step down from his role

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

Spire adds former Highland CLO PM to its team in London
Corporate loan specialist John McAuliffe has joined Spire Partners as a senior credit analyst

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources