Latham & Watkins hires partner in structured finance team
Latham & Watkins has hired a Chicago-based partner to its structured finance practice

Brigade adds RMBS specialist to its ranks
Brigade Capital Management has strengthened its structured credit team by hiring an RMBS and ABS specialist 

CSO pipeline strengthens following ESG breakthrough
ESG criteria and longer investment horizons are driving new business in a resurgent bespoke tranche market, say dealers. And while this is unlikely to get 2021 near to a 2019-like haul of deals by year end, hopes are high that volume is firmly back on an upwards traject

Fund performance: Déjà vu as April leaders dominate
CLO funds stayed in the top flight for another month as they took over the top 10 credit hedge fund return table in May, when 87% of all funds listed made positive returns

No labels mean CLO triple As refuse to budge as mezz rallies
Senior European CLO spreads are stuck in the mid 80s as mezzanine tranches rally, with market participants bemoaning the lack of depth in the triple A investor base relative to ABS products

DWS and Tikehau target UK pensions with multi-strategy credit fund
The new fund will invest in CLOs, ABS, private debt, leveraged loans, infrastructure debt and real estate debt

Fairwater eyes tranches and options as prospects ‘multiply’
Fairwater Capital is looking to capitalise on rising credit volatility by crafting a strategy that makes full use of the growing number of products in the credit derivatives industry

US pension terminates three credit mandates due to 'underperformance' and relative value
The New Mexico pension terminated one multi-asset credit mandate and two bank loan mandates

Brevan Howard hires senior credit PM
Brevan Howard has hired an experienced credit portfolio manager in New York

Ex-JP Morgan portfolio manager joins boutique as head of structured credit
A portfolio manager who worked in JP Morgan's chief investment office (2008-2014) and with experience across macro credit trading, relative value, index tranches, options and CSOs has resurfaced on the buy side

Another structured credit PM leaves BlueBay
The departure follows Creditflux reporting on a separate structured credit portfolio manager exit

LP round-up: $2.6 billion flows into 26 credit managers
A stuck ship in the Suez Canal may have prevented others from getting through one of the world's busiest waterways in March, but allocations to credit funds were much more free flowing as investors poured over $2.6 billion into the hands of credit managers

Tikehau hires Germany head for new Frankfurt office to target region’s ‘untapped potential'
Tikehau Capital has expanded its European footprint by opening a new Frankfurt office, and has has hired a new head of Germany

Credit funds at a glance: several funds post double digit November returns
November was a strong month for credit hedge funds listed by Creditflux, with latest returns demonstrating the effect of the vaccine/US election rally on fund perfomance

Loomis Sayles promotes official to structured credit portfolio manager
The Boston based official will co-manage the Loomis Sayles Investment Grade Securitised Credit strategy with Alessandro Pagani, head of the $30.4 billion mortgage and structured finance team

GSO to rebrand as Blackstone Credit
GSO Capital Partners, the credit management arm of the Blackstone Group, is set to rebrand itself as Blackstone Credit

LP round up: $2.8 billion flows to credit as Apollo concedes fundraising may slow
Florida Retirement System Trust Fund made the largest commitments allocating $1.6 billion. Apollo meanwhile acknowledged a potential slowdown in fundraising as investors await results on an independent review into CEO Leon Black's relationship with Jeffrey Epstein

The structured credit industry could promote its benefits more
Filippo Sampietro takes our credit quiz

Credit fundraising: Dubai manager gets in on the act as direct lending takes off
Shuaa launches credit fund in the Gulf as Ares, Contingency, HPS and Perceptive are among those to close billion-plus funds

Medalist CIO moves to fintech company in New York
Structured credit specialist Medalist Partners has parted ways with chief investment officer Brian Herr, who has taken up a role with a fintech company

Squarepoint adds former bank credit trading head in London
Squarepoint Capital, a cross-asset fund manager that uses systematic and quantitative strategies, has hired a former global credit trading head at Societe Generale to lead fixed income, currencies and commodities alpha capture

New York fund manager hires former Ellington CSO specialist
A credit fund manager has hired a structured credit specialist to cover corporate credit and structured credit products such as CLOs and CSOs

Brigade appoints ex-Schroders official as CEO
Brigade Capital Management has appointed a former Schroders co-head of fixed income as CEO 

European CLO and ABS trader rejoins P&G in Milan
An experienced European CLO trader has switched to the buy side with market sources indicating he has returned to P&G

US investors piled into structured credit and private lending in 2019, Gapstow finds
US institutional investors' allocations to 'alternative credit' increased 12% year-over-year in 2019, according to research by fund of funds manager Gapstow Capital Partners