Cheyne generates double-digit returns for hedge funds
Cheyne Capital has delivered with two credit hedge funds that have reached their maturity

Synthetic CDOs seek to follow CLOs
Growing issuance, interest in longer maturities and the emergence of a secondary market are encouraging dealers to believe that bespokes are on the road to acceptance. By Sayed Kadiri

Seer holds first close on new credit fund
A structured credit boutique founded by former Deutsche Bank manager Philip Weingord has recently raised $42.5 million for its latest fund in what appears to be a first closing, regulatory filings show

Mayer Brown appoints securitisation specialist as partner
Global law firm Mayer Brown has appointed James John Antonopoulos as partner in the firm’s Banking and Finance Practice and Structured Finance Group

Credit specialist poaches Goldman Sach's Eric Muller in New York
Credit specialist Oak Hill Advisors has hired New York-based Eric Muller from Goldman Sachs Group, according to a market source

Oppenheimer and Carlyle launch global credit fund as part of JV
Carlyle Group and OppenheimerFunds International have filed to register the first fund product of their previously announced joint venture. The vehicle will invest in a wide range of credit products including CLOs, direct lending and opportunistic debt

Deadline looms for Creditflux's annual Manager Awards
The deadline for this year’s Creditflux Manager Awards is fast approaching as managers across the CLO, credit hedge fund and direct lending industries compete for the eighth consecutive year

Chorus launches third credit fund for reg cap strategy
Reg cap specialistChorus Capital has launched its third credit fund, according to SEC filings seen by Creditflux

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

Structured credit specialist swaps CSOs for CLOs as he returns to Morgan Stanley
Morgan Stanley has added to its CLO structuring team in New York, bringing an official who has been working on synthetic CDOs

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

Carlyle group's solid Q4 results include $1.7 billion of global credit fundraising
The firm’s fourth quarter global credit fundraising of $1.7 billion included four CLOs, follow-on closes in their new private BDCs, structured credit fund, and managed accounts

Alcentra creeps closer to $300 million target with third structured credit fund
London-headquartered Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management, appears to have raised more than $214 million for its third Clareant structured credit opportunities fund

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