Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Saba to close London office, reports Reuters
$1.7 billion hedge fund manager Saba Capital Management is closing down its offices in London

Past returns: Spanish financials trade comes good
Five years ago, hedge funds piled into Spanish bank debt on the belief that a bail-out of Spain would leave senior bank debt investors unscathed. 

Imperial adds structured credit talent to London and New York offices
Imperial Capital has added to its structured products business in London and New York

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

West coast pension fund boosts its allocation to Halcyon’s credit business
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

Waterfall looks to add derivatives to its credit managed account
A US pension fund looks set to approve a change to its account with Waterfall, which will see the manager gain the ability to use derivatives as a hedging tool

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

Alcentra confirms hire to its new-look structured credit team
Alcentra has confirmed the hire Brandon Chao from Omega Advisors to its structured credit team in New York