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

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

AB names fixed income co-heads and replaces Ashish Shah on two funds
Following the departure of Ashish Shah, who was AB's head of fixed income and chief investment officer, Will Smith has been appointed co-manager on two bond funds. Meanwhile, the firm has named two co-heads of fixed income

Bill Barr steps down from Och-Ziff board as firm's new CEO is named
Och-Ziff has named a new chief executive officer to succeed Dan Och, with the firm announcing today that former Credit Suisse executive Robert Shafir will step into the position

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

Liontrust forms new credit team as high yield PM and Kames pair join the pride
Liontrust Asset Management has hired Donald Phillips to join its new global fixed income team, according to a company statement

Investcorp brings long-short manager onto its hedge funds partnership platform
Alternative invesmtent manager Investcorp has announced its strategic partnership with Steamboat Capital Partners through its Hedge Funds Partnerships platform

East coast manager with niche focus raises $100 million for new credit fund
A New Jersey asset management firm with a focus on the “life-contingent” asset class has launched a new credit fund

Hedge fund with US and UK offices to shutter following poor performance
The New York-based firm, which invested in a range of strategies including long/short liquid credit, is shutting down and returning all capital to investors

German credit fund Robus draws in investors
Robus German Credit Opportunities Sub Fund, which invests in high yield, has increased its assets under management by over 40% in 12 months

Fixed income inflows boost Legg Mason
Baltimore-headquartered Legg Mason has reported inflows of $7.9 billion for its fixed income business in the quarter ended 30 September, according to a recent earnings call

Cheyne raises $400 million YTD for corporate credit fund
Cheyne Capital’s 15-year investment grade corporate credit programme continues to grow its assets – with its 2022 vintage raising over $400 million from investors this year

Pimco fund edges closer to $5 billion hard cap with new pension fund injection
Pimco's special situations fund, already above $3 billion, has picked up fresh inflows from a Pennsylvania pension fund

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