Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

Los Angeles firm takes over Greenwich-based direct lending BDC
Oaktree has taken over management of its newly acquired direct lending unit, which was formerly known as Fifth Street Finance Corp

Los Angeles pension fund considers investing in CLOs
A large LA pension fund wants to boost returns from its fixed income portfolio and has set its sights on CLOs and private debt

White & Case promotes three credit lawyers to partners in US and Europe
White & Case has announced the promotion of three lawyers with credit expertise to its partnership in offices across the US and Europe

New Mexico council allocates $100 million each to four credit-focused funds
The New Mexico Investment Council is poised to invest in an HPS Investment Partners loan fund and boost its investments in three credit-focused funds

Debtwire euro ABS round-up: variety of deals enter the pipeline
The European ABS pipeline contains a variety of transactions, according to a report by Debtwire

Griffin shifts BDC assets to credit fund managed by Bain
Griffin Capital Company has shifted assets from its Capital BDC into a closed-end credit fund, dropping Benefit Street Partners as subadvisor to those assets in the process

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

Local Pensions Partnership looks to go direct with £1.3 billion credit fund
The Local Pensions Partnership (LPP), which runs the pension schemes of two separate UK local government areas, has announced the launch of a £1.3 billion ($1.7 billion) credit fund

London-based Signal raises €725 million for credit and real estate funds
London-based private asset management firm Signal Capital Partners has raised €725 million with an investment strategy targeting credit and real estate special situations

Alcentra raises €690 million for closed-end credit fund
BNY Mellon subsidiary Alcentra has closed its Clareant Strategic Credit Fund with sales of €690 million. The vehicle, which originally had a target size of €500 million, is dedicated to opportunistic investing in the loans, bonds and structured credit of European companies

Atlanta boutique moves into structured credit with new fund
Boutique asset management firm Ardent has launched a new credit vehicle -- the third fund for the Atlanta-based company

Apollo launches two more structured credit funds
Apollo Capital Management has launched two new structured credit funds

Seer's Lamont set to join European credit firm as managing partner
European merchant bank has signalled big plans in structured credit by hiring a well-known former Deutsche Bank figure

Goldman's former head of structured credit trading to move to the buy side
Goldman Sachs veteran Jerry Ouderkirk is joining Pretium Partners, according to a Bloomberg report

LibreMax eyes esoteric assets as it makes major structured credit hire
Market sources say US hedge fund manager is looking beyond hedge fund structures for a new business aimed at esoteric credit assets. To lead this project, the firm has hired a big name in CLOs and structured credit

Real estate advisor hires from CBRE for new structured finance unit
Cushman & Wakefield has launched a debt and structured finance unit in Amsterdam, appointing two specialists from CBRE to the team

Credit fund manager Frost allows management fees to thaw down to 50bp
San Antonio-based Frost Investment Advisors has slashed management fees on its CLO-heavy credit fund

Former Credit Suisse affiliate takes in $115 million for structured credit fund
A New York-based credit manager that spun out of Credit Suisse has raised more than $115 million in the last year for its for a structured credit strategy that now totals $677 million

Saba's former head of Europe lands at large credit hedge fund manager
The former head of Europe for Saba Capital Management has become a London-based credit manager's second major hire in four months

Highland appoints co-CIO with internal promotion
Dallas-based Highland Capital Management has promoted credit research specialist Trey Parker to co-chief investment officer

Conning adds two MDs including a former Mariner mortgage derivatives specialist
Conning has added two managing directors to its team, the company announced

Carlyle Group raises capital for structured credit fund
The Carlyle Group is fundraising for its CGMS Structured Credit Coinvestment fund, a regulatory filing reveals

M&G Investments hires Credit Suisse securitised product finance head
London-based M&G Investments hires well known structured credit specialist Vaibhav Piplapure for investment role including SME loans

THL Credit hires Australia rep as part of Asia-Pacific push
Boston-based alternative credit manager THL Credit is expanding its presence in the Asia Pacific region – and has hired a new Australia and New Zealand representative as part of the plan