Angel Oak CMV plants seed for newly risen CLO market
Atlanta-based manager Angel Oak Capital is looking to fertilise the budding market for CLOs backed by subordinated bank debt

Credit Suisse brings in structured credit veteran to business development role
Credit Suisse has strengthened its securitised products team in New York, hiring a business development official to a team led by global structured credit head Jay Kim

Nearwater aims to put $500 million to work in global risk retention financing
Start-up company Nearwater Capital has closed on a $500 million capital commitment which will fast-track its move into risk retention financing, sources say. The firm has already deployed capital into CLO risk retention

Texas manager raises $73 million for private credit fund
Highcrest Capital has the backing of 159 investors to date for its flagship private credit fund, regulatory filings indicate

Apollo's credit chief Zelter takes on new role as co-president
Credit veteran James Zelter been elevated to co-president at Apollo Global Management

Manager edges closer to its $3 billion hard cap on credit fund
A California pension fund has approved a commitment for up to $30 million in a credit and distressed debt fund

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

Wells Fargo rewards CLO veteran with another promotion
Wells Fargo has appointed Mary Katherine DuBose as head of debt capital markets effective immediately

Crestline raises $1.3 billion for its latest credit strategy
Crestline Investors has closed its third credit opportunity fund, according to a press release. The firm states that Opportunity Fund III and related managed accounts secured over $1.34 billion of capital commitments

Alcentra continues hot fundraising streak with new global credit offering
BNY Mellon subsidiary Alcentra has attracted $140 million for a corporate credit fund

GSO raises new credit fund as it eyes $2.4 billion portfolio acquisition
Recent fund-raising may be vehicle to acquire large mid market portfolio

Greenwich-based firm set to dissolve following sale of assets to Oaktree
The decision follows the sale of Fifth Street Asset Management's two BDCs to Oaktree

Los Angeles firm takes over Greenwich-based direct lending BDC
Oaktree has taken over management of its newly acquired direct lending unit, which was formerly known as Fifth Street Finance Corp

Los Angeles pension fund considers investing in CLOs
A large LA pension fund wants to boost returns from its fixed income portfolio and has set its sights on CLOs and private debt

White & Case promotes three credit lawyers to partners in US and Europe
White & Case has announced the promotion of three lawyers with credit expertise to its partnership in offices across the US and Europe

New Mexico council allocates $100 million each to four credit-focused funds
The New Mexico Investment Council is poised to invest in an HPS Investment Partners loan fund and boost its investments in three credit-focused funds

Griffin shifts BDC assets to credit fund managed by Bain
Griffin Capital Company has shifted assets from its Capital BDC into a closed-end credit fund, dropping Benefit Street Partners as subadvisor to those assets in the process

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

A successful transition from prop desk to hedge fund
This month 10 years ago, negotiations over the fate of an important set of structured credit investors were on a knife edge

Join the debate: should a government bond make it through an ethical screen?
Alcohol – yes (tax benefit); Tobacco – yes (tax benefit); Weapons – absolutely; government bond??

Atlanta boutique moves into structured credit with new fund
Boutique asset management firm Ardent has launched a new credit vehicle -- the third fund for the Atlanta-based company

Apollo launches two more structured credit funds
Apollo Capital Management has launched two new structured credit funds

Goldman's former head of structured credit trading to move to the buy side
Goldman Sachs veteran Jerry Ouderkirk is joining Pretium Partners, according to a Bloomberg report

LibreMax eyes esoteric assets as it makes major structured credit hire
Market sources say US hedge fund manager is looking beyond hedge fund structures for a new business aimed at esoteric credit assets. To lead this project, the firm has hired a big name in CLOs and structured credit