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 

Apollo draws in $2.36 billion for structured credit fund
Apollo Global Management is edging towards a final close for its fourth structured credit fund

Palmer Square buys out Montage Investments' minority stake
The $5.5 billion alternative asset manager is set to become an entirely management owned company

ArrowMark builds in London with big SRT hire
ArrowMark is one of the biggest investors in the SRT market, but unusually it conducts most of its business out of the US. It has now added to its presence in London with an experienced official joining its SRT business

CLO veteran parts ways with Tetragon
A senior structured credit veteran has departed Tetragon, according to market sources

CRE CLOs poised to grow by as much as 40%
The CRE CLO market will grow in 2019 over 2018 as cross-over CLO investors get more comfortable with the simpler, shorter duration structure, said speakers at IMN’s ABS East conference in Miami

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

Brigade prices triple Bs tight of double As with second CBO of 2018
Brigade Capital Management priced its second CBO of the year on Friday named Brigade Debt Funding II

Hildene revives trups CDO market with new securitisation
Hildene Capital Management became just the second firm this year to price a Trups CDO yesterday

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

Steep climb: dealers and investors cross-examine merits of five-year CSOs
The market for bespoke tranches of credit synthetic obligations (CSOs) looks set for further year-on-year growth, but this could depend on expanding activity to longer tenors

Fortress ABS fund surpasses $450 million
New York-headquartered Fortress Investment Group has raised just over $450 million for its asset-based credit fund

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

Invesco to convert Canadian bond fund into global credit strategy
The new Invesco Active Multi-Sector Credit Fund will have a global multi-sector approach

Sovereign investors' allocation to alternative credit increase rapidly, finds survey
Sovereign investors are increasing their exposure to CLOs, direct lending and bank loans, according to a 2018 Global Sovereign Asset Management Study published by Invesco this week

New rules encourage growth in blossoming risk sharing market
Significant risk transfer deals have generally been issued towards the end of the year – but the first quarter of 2018 has opened with a flurry of deals across primary and secondary markets

Pension fund set to vote on rescinding York credit commitment and cutting Tricadia
The investment committee at San Bernardino County Employees’ Retirement Association has recommended that the pension fund rescind its commitment to a structured credit fund managed by York Capital Management, and terminate its relationship with multi-strategy credit manager Tricadia Capital Management

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

Brigade raises $100 million for ABS fund
New York-headquartered Brigade Capital Management has raised a total of $100 million for its first ABS fund

Texas pension fund ups commitment to CQS opportunities fund
The $29.7 million pension fund mandated $50 million to CQS Directional Opportunities Feeder Fund on 1 June

First Trust teams with TCW to launch unconstrained credit ETF
First Trust Advisors will act as investment advisor to the new actively managed fund, while TCW Investment Management will act as sub-advisor

Talk turns towards five-year deals as bespokes flourish
There is growing appetite for longer-dated synthetic CDOs as credit curves steepen and competition among dealers steps up, but short mezz positions have also been working