Commonfund seeks to diversify manager pool with new portal
Commonfund will launch an online 'diverse manager portal' designed specifically to receive due diligence materials from women and minority-led managers investing in equities, fixed income and credit, real estate and hedge funds

Five-year bespokes movement leads to managed CSO talks
Longer dated synthetic bespoke tranche business could soon receive new impetus, with dealers and investors ramping up talks about re-establishing managed portfolios as a common feature of the CSO market.

BlueMountain weighs up joining cluster of 2.0 CBO issuers
BlueMountain Capital Management has its eye on managing CBOs. This market has grown steadily since Anchorage Capital priced the first 2.0 CBO in May 2015 with another six firms issuing such securitisations.

‘Ex’ index trades take off as dispersion peaks
A gap is yawning between how the weakest constituents of CDX HY and iTraxx Crossover trade versus their broader portfolios, leading investors to find new ways to hedge and capture idiosyncratic risk.

Minnesota pension slates $100 million for private credit
The pension fund has so far allocated $2.4 billion to private credit across 12 managers and 25 funds

Amundi Pioneer initiates marketing for structured credit interval fund
Amundi Pioneer Asset Management, a wholly owned subsidiary of Amundi, is in the market with a structured credit interval fund

Structured credit manager wins $300 million from Texas pension
The separately managed account will form part of the $30.3 billion pension fund's strategic credit mandate 

Carval fashions 'flexible' global multi-strategy credit hedge fund
The open-ended fund will focus on non-control strategies including corporate securities, liquidations, loan portfolios and structured credit 

Ellington finds Ucits success with mix of structured and synthetic
Fund managers are finding ample liquidity in the structured and synthetic credit market and this is helping them outperform in the Ucits fund universe.

Carlyle switches to corp structure as credit portfolio grows 31%
Carlyle Group is set to become a full C corporation, moving away from its publicly traded partnership structure, amid global credit portfolio growing 31% year-on-year, according to the investment firm’s 2019 Q2 results  

BlueMountain lands senior credit trader in New York
BlueMountain has hired an experienced trader in New York to cover credit and special situations

GSO adds $10 billion to inflows with direct lending, structured credit and energy
Blackstone grew its credit assets under management to $139.3 billion, up 13% on a year ago, according to the firm's second quarter earnings release

Investor requirements rather than performance is driving ESG push: Creditflux survey
Only 14% of respondents to Creditflux's global credit ESG survey said performance was the main reason they were adopting envoronmental, social and governance-themed strategies

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