A slow, global rebalancing away from the US dollar and Treasuries – Amundi’s Grégoire Pesques
PODCAST: There is a major need for diversification away from the US dollar, says Grégoire Pesques, CIO, global fixed income at Europe’s largest asset manager Amundi, in the latest Credit Exchange podcast with Lisa Lee. In the meantime, the lack of obvious safe havens has seen gold a big winner

King Street debuts new long/short credit UCITS fund
The fund launched on International Asset Management’s UCITS platform with USD 100m in commitments

PineBridge explores sale of structured capital fund
EXCLUSIVE: PineBridge Structured Capital Partners III looks to sell debt and equity portfolio; fund invests in junior capital, closed at USD 600m in 2016

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

Not shying away from credit risk is the right call – BlackRock’s Amanda Lynam
Corporates have showcased resilience in navigating policy shifts, according to Amanda Lynam, Head of Macro Credit Research within the Portfolio Management Group at BlackRock, on the latest edition of the ‘Credit Exchange’ podcast with Lisa Lee

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

Fund performance – May 2025
All fund categories head back into the black after two tough months

Former Investcorp Credit CEO Jeremy Ghose joins The Chatterjee Group
Ghose told Creditflux that his role as President would be a strategic one that “looked to enhance the enterprise value” of the overall group, with the aim of boosting cash flow to develop the firm’s philanthropic operations

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

Fund performance – April 2025
April returns show small improvement, but CLO funds struggle

Fund performance – March 2025
Corporate distressed stays positive as other categories take a dive

Credit funds at a glance – April 2025
Our roundup of top performers and moves in credit

Trump tariffs will materially impact credit, raise financing costs – Napier Park’s Jon Dorfman
The co-founder and CIO of the alternative credit manager discussed his concerns stemming from the recent economic and policy uncertainty on the latest edition of the 'Credit Exchange with Lisa Lee' podcast

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins

Credit funds at a glance - January 2025
Fund performance, recent hires, recent fundraising

Credit hedge funds - December 2024
Credit hedge fund performance

Fund performance - December 2024
CLO funds cap off strong 2024 with yet another good month

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  

Fund performance
Entering the final three months of the year, CLO funds took a clean sweep of the top 10 spots in the Creditflux tables. October was strong overall, as over 85% of funds listed made positive returns

Credit hedge funds
Credit hedge fund perfomance

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

Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

Credit hedge funds
Credit hedge fund performance data for September YTD