Napier Park receives $50 million add-on from Texas pension fund
The $30.1 billion pension fund has topped up its separately managed account with Napier Park 

Axa IM reveals new Ucits-compliant global credit fund
The new vehicle aims to offer investors a Ucits-compliant product that invets across the whole credit spectrum 

Man Numeric launches credit platform and appoints co-heads of credit
Man Numeric, the quantitative investment business of Man Group, has launched a new credit unit and appointed two officials to lead the business

Pimco launches latest ESG-focused credit offering
Pimco has launched its latest environmental, social and governance (ESG) fixed income offering - GIS Global Investment Grade Credit ESG Fund.

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

American Beacon teams up with Apollo for credit interval fund
Regulatory filings reveal that Apollo will allocate assets across four main areas: US corporate credit, global corporate credit, structured credit and real estate credit

Orchard hires former UBS credit index options and tranches global head
Orchard Global Asset Management has hired an ex-UBS senior correlation trader as a portfolio manager in London

CBOE launches first ever US high yield corporate bond index futures
CBOE Global Markets has launched trading of US high yield corporate bond index futures

Wells Fargo AM chief Norris to retire
Wells Fargo Asset Management's Anthony Norris - managing director, chief investment officer and senior portfolio manager - is set to retire from the fund management industry in October

Distressed debt outperforms as Texas pension fund's credit strategies gain 11.2%
Texas County and District Retirement System (TCDRS), the $30 billion pension fund, generated 11.2% annualised returns from its credit portfolio for the year ending 30 June. Distressed debt was a major positive, but IG credit lost value

New York manager prepares interval credit fund launch
A structured credit fund manager is joining the interval fund rush 

Cheyne more than doubles assets for credit fund in five months
Cheyne Capital has more than doubled assets for Cheyne Total Return Credit Fund December 2023 – in the space of just five months

Private debt tops the tables for Industriens Pensionsforsikring
Industriens Pensionsforsikring, the DKK164.5 billion ($25.7 billion) pension scheme, generated a 1.6% return from its private debt portfolio, according to its mid-year 2018 results

Clifford prepares its first infrastructure CLO
Clifford Capital is preparing to price its first ever CLO transaction, which is expected to close in July 2018, according to a Moody’s pre-sale report

IFM looks set to launch infra debt fund for Korean institutional investors
IFM Investors and KDB KIAMCO are looking to launch their second joint infrastructure debt fund – this time, targeting Korean institutional investors

Brown Brothers Harriman expands fixed income capabilities with new mutual fund
New-York headquartered Brown Brothers Harriman & Co (BBH) has expanded its fixed income capabilities with the launch of its new debt fund - BBH Income Fund

OppenheimerFunds launches second interval fund
Following an private credit interval fund launch with Carlyle earlier this year, Oppenheimer has decided to stick with the interval fund structure, this time investing in insurance-linked securities

Hermes launches £185 million unconstrained credit fund
London-based Hermes Investment Management has launched a new Ucits-compliant unconstrained credit fund - which will include pricing ESG risks

San Francisco pension fund to deploy up to $4.5 billion in private debt
The City and County of San Francisco Employee’s Retirement System has revealed details of its new private debt pacing plan - which will see it deploy up to $4.5 billion and partner with up to 25 private debt managers over the next six years

CIFC gets in on interval fund phenomenon with new CLO-focused strategy
The new vehicle will invest at least 80% of its net assets in debt securities, with a focus on CLO equity, mezzanine tranches and warehouses, US SEC filings reveal

T Rowe's fixed income head Wiese to step down
T-Rowe Price Group’s fixed income head Ted Wiese is to step down from his role as at 1 May 2019.  The firm has announced that Andrew McCormick will replace him

Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

EnTrustPermal makes senior hire in bid to expand aviation financing capabilities
New York-based EnTrustPermal becomes the latest asset manager to expand its aviation finance capabilities as it hires veteran aviation investor John Morabito 

Natixis rebrands its €324.5 billion asset management unit
Paris-headquartered Natixis Asset Management has rebranded to Ostrum Asset Management in a bid to start aligning its brands, the firm has announced