GSO co-founder plans new credit business
GSO Capital Partners co-founder Tripp Smith is launching his own credit management firm, according to a report by Bloomberg

Blackstone builds on multi-asset approach with fifth fund
The new vehicle will invest directly into Blackstone deals across its alternatives platform

Still weighed down by 2015 oil price slump
It’s three years since the depths of the oil crisis but offshore service companies — such as the helicopter businesses that transport workers to oil rigs — are not seeing lift-off in prices or profits

Aircraft lessors: gathering clouds lead to talk of turbulence
Aircraft leasing companies have been cruising over the past two years as passenger numbers grew, but rising interest rates and trade tariff concerns are making some bondholders nervous

Indonesian property developers: cracks reopen as liquidity dries up
Indonesian developers didn’t fully recover from the 2013 taper tantrum. And now, as development costs and interest payments eat into their capital, they are looking far from stable

UK funds brace themselves against value-for-money ruling
The UK’s Financial Conduct Authority (FCA) has published its final set of fund governance rules that aim to strengthen the duty of authorised fund managers to their investors.

BRF avoids butcher’s block – for now
While Brazilian meat exporters appear to have survived claims of widespread malpractice throughout the country, the future of the world’s largest poultry producer still hangs in the balance
 

Oaktree's multi-strategy credit platform reaches $2.9 billion
Los Angeles based Oaktree Capital Management's multi-strategy credit platform – which includes Oaktree Global Credit Fund – has hit $2.89 billion as at 31 March 2018  

Drug makers: desperately seeking pain relief
With Teva’s profitable Copaxone being undermined by cheaper alternatives, the company is in need of a pick-me-up. By Euan Hagger

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

Cowen brings together credit and equity for its sales and trading platform
Cowen has announced two senior appointments as part of its effort to align its credit and equity trading platforms

AUM drops but Oaktree dubs 2017 a "strong" year
Alternative investment specialist Oaktree Capital Management has reported a slight decrease in assets under management for the year of 2017 – but the Los Angeles-based firm’s chief executive described the year as a “strong” one for the company

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist

US power generators: Falling prices spark bankruptcies
As renewables and gas undercut traditional power generators, bond holders are preparing for price shocks. By Euan Hagger

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Cheyne hires former BlueBay official Robertson to lead new credit unit
Cheyne is targeting below investment grade credit and has hired the former global head of leveraged finance at BlueBay to lead a newly-assembled team of three

Carlyle poaches credit specialist from HPS in New York
Carlyle Group is continuing to pump resources into credit with the firm announcing that it has hired a head of credit opportunities based in New York

BNP Paribas moves quickly to restaff London high yield trading business
BNP Paribas has moved quickly to restaff its European high yield trading desk, making two new senior hires for the business last week

HSBC brings in distressed trader in London
2016 was a big year for distressed fund managers and sell-side traders. HSBC looks to be expanding its distressed efforts by hiring from BAML

Phoenix fund lives up to its name with soaring return to growth
Phoenix’s JLP Credit Opportunities Fund gets a new lease of life with huge returns

Head of high yield trading leaves Guggenheim in New York
An experienced credit trader, who started out at Bankers Trust in the mid-1980s, has recently left Guggenheim's brokerage division