Deutsche hires credit strategy head from rival bank
Deutsche Bank has hired a new head to oversee European and US credit strategy

ArrowMark fills vacancy in London with SRT hire from sell side
ArrowMark Partners has filled a void in its London office after hiring an SRT specialist from Citi 

Arcmont gains regulatory approval for new Milan office
Arcmont Asset Management says it has received regulatory approval for its newly established Milan office from Consob and the Bank of Italy

Standard Chartered prints landmark SRT in Asia
Standard Chartered has issued a ground-breaking SRT by partnering with investors PGGM and Alecta. The transaction "enables Standard Chartered to be the first bank to benefit from capital relief in Hong Kong" 

Citi structured credit specialist leaves after 15 years
A key figure in Citi’s European structured credit business since 2007 has joined Julius Baer as head of corporate finance advisory

Bespoke bond baskets on the rise as investors seek targeted portfolio trades
High yield index replication and accessing illiquid exposure are two factors building momentum for a new investment approach that bundles bonds into a single risk piece

Pantheon exceeds $500 million target for second private debt secondaries fund
Pantheon has held a final close of its second private debt secondaries fund, Pantheon Senior Debt II, at $834 million

Winton hires quant credit specialist as PM
Winton, a London-headquartered asset management firm that specialises in quantitative strategies, has hired an experienced trader to focus on credit alpha capture

Chorus reaches crescendo with big SRT hire
Chorus Capital says it has hired an experienced significant risk transfer official to its investment team and executive committee in London

Alantra hires two senior officials to private debt team
Alantra has hired two senior officials to its private debt team from BeSpoke and Seaport 

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

Pemberton adds to credit build out with NAV financing hire
Pemberton Asset Management has confirmed an appointment to lead a new net asset value financing strategy in what marks the firm’s third new business line in five months

Credit rally extends as investors welcome hawkish but clearer Fed message
Credit markets have carried their rally over to another day, fuelled in part by what investors have interpreted as a hawkish but clear message from the US Federal Reserve on policy tightening

Crestline collects $3.6 billion across three private credit fund closes
The Fort Worth, Texas-based manager has closed its fourth opportunistic credit fund, third direct lending fund and second portfolio financing fund

Credit fund rout extends as storm winds buffet from all sides
Another choppy week for financial markets has extended the run of fund outflows, with investors fleeing from all parts of credit and even equity suffering a drop, with government bonds gaining traction

European panic over Ukraine pushes market to new wides
European underperformance of US credit has resumed at the start of the week, with the market waking up on Monday morning to another sharp sell off. But the lengthening downturn has some believing spreads have overshot, while others insist worse is to follow

Credit and equity fund flows diverge ahead of Fed emergency meeting
Outflows from credit have extended into another week, even as stocks returned to inflows, as speculation mounted the US Federal Reserve could opt for a 50bp hike in March or even an earlier than anticipated hike at an emergency meeting next week

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

Pennsylvania pension reveals $500 million in commitments to three private credit funds
Pennsylvania Public School Employees' Retirement has revealed three private credit commitments as part of $1.1 billion in allocations to its alternatives bucket

ESG template fires up hopes of CSO issuance
2021 may not have been a year of big volume in the synthetic bespoke market, but primary business is back, and decisive inroads into environmental, social and governance (ESG)-focused issuance bode well for 2022

BlueBay adds CLO specialist and structured credit PM
BlueBay Asset Management has made two senior hires to its structured credit team in New York

Ares rounds out bumper year for direct lending with $14 billion US fund
Ares Management is ending 2021 with yet another massive direct lending fund-raise

Axa IM launches multi-strat fund for pensions
Axa Investment Managers’ ‘alternatives’ business has launched an open-ended strategy for pension funds

GIB brings in ESG expert for fixed income expansion
GIB Asset Management has hired from Abrdn as it looks to grow beyond emerging market credit and index strategies 

Barclays fills gap by hiring global macro credit trading head in New York
Banks are moving quickly to make sure they are staffed up in credit trading with Barclays bringing in an experienced trader in New York