Oaktree’s deputy CIO of strategic credit says we’re in the early innings of private credit dislocation
Oaktree has been very opportunistic about deployment in cycles or dislocations, which the market may be in the early stages of, says Milwood Hobbs, Jr., deputy chief investment officer of the firm’s strategic credit platform, on the latest episode of the Credit Exchange podcast with Lisa Lee

Seward & Kissel hires structured credit head as CLOs, private funds converge
Taha Khan joins from Milbank to build out a structured credit practice that will advise on CLOs as well as complex fund finance solutions like CFOs and rated note feeders

AI is reshaping capital markets, say Milken confab attendees
Artificial intelligence will be the most transformative technology of our lifetime, reshaping everything, including capital markets. This was the dominant prediction at the annual Milken Global Conference 2026

Napier Park’s CIO says firm has stockpiled cash to buy mispriced assets
PODCAST: The alternative asset manager, which oversees USD 40bn in AUM, has been prepping for a repricing of financial assets that predates the Iran war and the software crisis, according to its Chief Investment Officer, Jonathan Dorfman, speaking on the latest episode of Credit Exchange with Lisa Lee

Private credit secondaries poised for insurer activity – Coller
ANALYSIS: Credit secondaries are the natural buyer universe for structured notes, which have become a popular way for insurers to gain private credit exposure

Beach Point hires president and CIO, product and sales leader
The two new hires arrive after stints at TPG Angelo Gordon and Oak Hill Advisors, respectively

Anchorage exceeds hard cap on credit opportunities fund
The firm held a final close for Anchorage Credit Opportunities Fund IX, which will invest across stressed, distressed, structured and special situations credits

Monroe launches client solutions group to build blended portfolios
EXCLUSIVE: The private credit firm is forming a team to build products that mix investments across strategies such as direct lending, CLOs, structured credit, venture and more

Sound Point hires former Alcentra president as CFO steps down
CFO Kevin Gerlitz is retiring from the role after 16 years

News in brief
US credit returns fail to reflect risk

Princely Family of Liechtenstein’s LGT raises USD 2.17bn for latest credit fund
Royal family-owned LGT Capital Partners has successfully fundraised USD 2.17bn for its evergreen credit fund, according to an SEC filing  

Silver Rock sells 42% stake to Mubadala
New York-based Silver Rock has agreed to sell a 42% stake to Mubadala Capital, but the two entities will continue to operate independently

Credit hedge funds
Credit hedge fund performance for July 2024

Credit funds at a glance
Fund performance; recent fundraising; recent hires

Credit funds at a glance
Top performers, recent hires and recent fundraising

Credit funds at a glance
Top indices; recent hires; recent fundraising