Missouri pension plan seeks alternatives consultant
The $8.2 billion Missouri State Employees’ Retirement System (MOSERS) is seeking an alternative investment consultants

California pension fund seeks opportunistic credit manager
Merced County Employees’ Retirement Association is on the search for an opportunistic credit manager, according to board minutes seen by Creditflux

Credit Suisse adds to its US CLO team
Credit Suisse has made two hires to its CLO team in recent months - in sales and origination

Chicago manager targets secondary market for new CLO fund
Boutique CLO manager Chicago Fundamental Investment Partners has registered a new opportunistic CLO fund

Past returns: Citi kickstarts CSO market
Five years ago in Creditflux, we reported on the revival of the synthetic CDO market, with Citi leading the push

Points up front: Creditflux makes significant SRT call
They were once referred to as regulatory capital relief trades (or reg-cap trades), but now no one can agree on what to call them

Managers see growth in distressed and direct lending, but structured credit splits opinion
The private credit industry remains on track to grow to $1 trillion assets under management by 2020, according to joint research published by the Alterative Credit Council and law firm Dechert with allocations to distressed and mid-market deals tipped to rise. But structured credit has divided US and European managers

Ellington partners with Trium for new credit Ucits offering
Ellington has joined the alternative Ucits party, partnering with London-based Trium Capital for Ellington Trium Alternative Credit Ucits, a long/short credit Ucits fund.

Hayfin brings in head of structured credit from New York-based fund manager
Sources say that Hayfin has made a major hire in New York as it looks to build up its CLO investment capabilities

Pimco generates listed opportunistic energy credit fund
Pimco is eyeing the energy sector for a new opportunistic credit fund, according to US regulatory filings.

Axa IM reveals new Ucits-compliant global credit fund
The new vehicle aims to offer investors a Ucits-compliant product that invets across the whole credit spectrum 

Apollo draws in $2.36 billion for structured credit fund
Apollo Global Management is edging towards a final close for its fourth structured credit fund

White & Case promotes seven debt specialists to partner
The law firm has promoted several debt specialists to partners around the world

GoldenTree adds partner to its structured credit team in London
GoldenTree Asset Management has made a big hire to its London office with a structured credit specialist joining as partner

Palmer Square buys out Montage Investments' minority stake
The $5.5 billion alternative asset manager is set to become an entirely management owned company

ArrowMark builds in London with big SRT hire
ArrowMark is one of the biggest investors in the SRT market, but unusually it conducts most of its business out of the US. It has now added to its presence in London with an experienced official joining its SRT business

Axonic unveils plans for credit interval fund
New York-based Axonic Capital has registered its income producing offering Axonic Alternative Income Fund with US regulators

Synthetic structured credit specialist lands at Millennium
Millennium Management has hired an experienced name in synthetic structured credit, bringing in a portfolio manager who had served as a partner at a credit hedge fund operator in New York

Axiom puts tranches at core of push into synthetic credit
Axiom Alternative Investments is set to target both index and bespoke tranches with the launch of Axiom Synthetic Credit Opportunity Fund.

Jefferies creates team and aims to build CSO business
Amid mounting buy-side interest in the synthetic CDO market, sources say that Jefferies is looking to build a US business arranging these transactions  

August: fund performance
CLO spreads jumped wider in August, but funds that invest in these assets have been able to outperform

September: credit funds at a glance
White Oak Global Advisors held a $2.1 billion final close on a new direct lending fund, while Phil Raciti's move from CVC Credit Partners to Halcyon Capital Management was one of the biggest moves in the credit industry

Lord Abbett markets new credit interval fund
The asset manager becomes the latest to join the interval fund rush 

CLO veteran parts ways with Tetragon
A senior structured credit veteran has departed Tetragon, according to market sources

CRE CLOs poised to grow by as much as 40%
The CRE CLO market will grow in 2019 over 2018 as cross-over CLO investors get more comfortable with the simpler, shorter duration structure, said speakers at IMN’s ABS East conference in Miami