BlueMountain hires former Pine River credit specialist
BlueMountain Capital Management has hired credit specialist Colin Teichholtz as global governments and agency mortgage-backed securities head

Beach Point reels in $193 million for securitised credit fund
Los Angeles-based Beach Point Capital Management has raised over $193 million from 49 investors for a securitised credit fund

Chicago manager holds initial close for $1 billion private credit fund
Monroe Capital has held a $348 million initial close for its third private credit fund, which has a $1 billion hard cap, market sources say

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Swiss banking group appoints structured finance head from Goldman Sachs
Geneva-based banking group REYL & Cie has tapped Ante Razmilovic to lead the REYL’s new structured finance business

University of Michigan looks to invest $60 million in credit opps fund
The University of Michigan has recommended an investment of $60 million to a Dallas-headquartered manager

Natixis AM reports $1 trillion AUM in 2017 results
Paris-headquartered Natixis has reported solid growth, and an end-of-2017 AUM of $1 trillion, for its asset and wealth management unit

Credit Suisse reports annual loss - but insists it's on the mend
Credit Suisse has reported an annual loss for 2017 – posting a full year net loss attribute to shareholders of CHF983 million ($1.05 billion) in its earnings release today

New York manager raises $100 million for credit opps fund in a year
One William Street Capital Management has raised about $100 million for a credit opportunity fund over 12 months, regulatory filings indicate

Virginia pension fund cuts Oaktree high yield account
Virginia Retirement System (VRS) has terminated Oaktree as a high yield debt manager, Creditflux has learnt

Altegris and Artivest merge to form alternatives investment platform
Alternative investment research and management firm Altegris, based in La Jolla in California, has merged with New York-based alternative investment technology firm Artivest

US credit manager passes $2.7 billion for securitised credit fund
Marathon Asset Management has now raised more than $2.7 billion for its Marathon Securitized Credit Fund, according to regulatory filings

Texas pension fund re-ups commitment to opportunistic credit fund
Texas County & District Retirement System has further allocated $50 million to Beach Point Capital Management, according to documents seen by Creditflux

Hildene makes huge 2017 gains after wringing every drop from 1.0 CLOs
For the most part, 1.0 CLOs are on their last legs with very few pre-crisis deals outstanding – but one fund manager has made hugely profitable trades in this area

Impact investor selects CDO structure for solar debt fund
Social Investment Managers & Advisors (Sima) has taken the unusual route of choosing a CDO structure for its latest debt fund.

Credit manager Redpoint rebrands into Park Cities
Redpoint Capital Group has rebranded as Park Cities Asset Management, reflecting the firm’s broader vision within the industry

Florida pension fund commits $200 million to Doubleline's MBS strategy
Florida State Board of Administration approved a $200 million commitment to Los-Angeles based Doubleline for its opportunities credit fund in Q4 2017, according to board documentation

New York pension fund invests $200 million in real estate debt
New York State Teachers Retirement System (NYSTRS) has approved a $200 million commitment to real estate debt, according to board documentation

Brigade co-founder to leave the firm
Brigade Capital Management's co-founder Pat Kelly is leaving the firm, according to market sources

CIFC taps former Citi CLO veteran to lead structured credit business
Jay Huang has joined credit manager CIFC as a managing director, senior portfolio manager and head of structured products investments in New York, Creditflux has learned

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

CEO of Blackstone's hedge fund solution platform steps aside
Blackstone has announced that J Tomilson Hill, president and chief executive officer of Blackstone Alternative Asset Management (BAAM), will be transitioning to a new role as chairman of BAAM

Florida manager taps former Hildene marketing head in IR role
III Capital Management has hired an investor relations professional from Hildene Capital Management

Goldman stymies pension funds’ fraud class action move in Abacus CDO case
A US Appeals Court in New York has ruled that a shareholder lawsuit accusing Goldman Sachs of fraud cannot proceed as a class action