Pretium targets $500 million for structured credit fund
Pretium Structured Credit Opportunities Fund was registered with US regulators on Monday 

Natixis prices second muni-project securitisation of year
Energy Efficient Equity (E3) priced its inaugural 'property-assessed clean energy' (Pace) deal today via Natixis    

Two structured finance partners join Clifford Chance in New York
Two structured finance partners have joined Clifford Chance’s structured finance practice in New York, according to a statement from the law firm

Arrival of five-year bespokes draws in CLO investors
Synthetic bespoke tranches are undergoing a major shift, with dealers projecting five-year business to supersede previously dominant shorter tenors by the end of 2019.

Ares hires Natixis deputy CEO for the Americas to credit investing role
Ares Management has poached the Americas deputy chief executive officer from Natixis's investment banking business

Synthetic structured credit specialist lands at Brigade
A former Lehman Brothers structured credit specialist has landed at Brigade Capital Management in New York

Index tranche levels spike as investors advance into equity
Trading of credit index tranches is picking up, with some $61 billion worth changing hands in the space during the first quarter, according to data from the Depository Trust & Clearing Corporation

Texas pension scheme earmarks $45 million for private debt
San Antonio Fire and Police Pension Fund is set to commit $45 million in private debt in 2019, according to minutes from the March board of trustees meeting.  

Jefferies subsidiary and Stonyrock plan mid-market alternative manager stake acquisitions
The new joint venture will invest in private equity, credit, hedge funds, real estate, venture, and infrastructure firms

Highland Crusader Fund dispute re-ignites in Delaware court
Highland Capital Management is weighing the financial impact of its ongoing litigation over crisis-era fund redemptions with the Redeemer Committee of the Highland Crusader Fund

Carmignac adds global credit Ucits strategy to its range
The fund will be co-managed by Carignac’s head of credit Pierre Verlé and fixed income fund manager Alexandre Deneuville

CQS names CEO for its US business
CQS Asset Management has appointed Michel Brogard as chief executive officer of the firm’s US business

Bespoke gains pull CLO buyers as market tipped to hit $100bn
Synthetic bespoke issuance could catch up with the more visible CLO market this year, say structured credit specialists

Texas pension fund creates new credit bucket
The Employees Retirement System of Texas (ERS) has approved a 3% opportunistic credit allocation, according to documents from an investment advisory committee meeting in March seen by Creditflux  

US pension fund earmarks $375 million for various credit strategies
Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has committed $125 million to distressed, $100 million to aviation investments, while earmarking $150 million for structured credit    

Regulation stifles SRTs, but banks and investors revel in quarter-four outperformance
Over the course of 2018 there was roughly €6.5 billion of issuance in the market for significant risk transfer (SRT) deals, sources say, with the last three months understood to be the busiest quarter on record

Pimco targets securitisation-friendly assets for $1 billion fund
Pimco is winning US pension fund support for a strategy geared towards purchasing what it describes as private credit assets “that have historically been securitised”

Hartford partners with Schroders to launch securitised credit fund
Hartford Funds has teamed up with Schroders Investment management to offer its investors a new securitised credit fund

Och-Ziff adds structured credit specialist to team in New York
Och Ziff Capital Management has added to its structured credit team with the appointment of a former Crayhill official 

Behave yourselves: EBA policy advisor warns against misuse of securitisation rules
The European securitisation market has come a long way over the last decade, and the message from one policy advisor is clear – don’t do anything to mess it up.

Trups CDO spreads shift wide of late 2018 levels as EJF produces $314 million deal
Trups CDO spreads have widened since the end of last year – much like corporate credit spreads – after EJF Investments priced its sixth securitisation of financial company debt.

Apollo's credit funds report gains in 2018 despite Q4 slump
Apollo saw $21.6 billion inflows throughout the quarter leading to a record total assets under management of $280.3 billion. The firm, however, reported a net loss throughout the quarter 

Virginia pension fund commits to Asian private credit
Virginia Retirement System (VRS) approved a $150 million commitment to the SSG Capital Partners V fund at a January board trustees meeting, a spokesperson has confirmed.