Debtwire CMBS round-up: Credit Suisse looks to add to its US trading team
Credit Suisse is looking to further expand its secondary CMBS trading business by hiring a trader to its existing four-person trading team, according to a report on Debtwire

New York credit manager passes the audition for Hollywood pension mandate
And the award for the Hollywood penson fund's fixed income mandate goes to…

Ex-Swiss Re structured credit head leaves insurance company in New York
Insurer has lost structured credit specialist who served as CIO, according to well-placed sources.

BlueMountain hires fund distribution specialist from Paulson
BlueMountain Capital Management has poached Claudio Macchetto from Paulson and assigned him to the newly created position of head of platform distribution

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Ex-Goldman CLO trader takes on new role at Morgan Stanley
A structured credit pro - who earlier in his career spent five years trading CLOs out of London - has landed at Morgan Stanley in a new role

20-year Citi veteran earns promotion to head of European credit trading
Citi’s global head of distressed debt has been promoted to head of credit trading for Europe, the middle east and Africa, officials at the bank have confirmed

Saba to close London office, reports Reuters
$1.7 billion hedge fund manager Saba Capital Management is closing down its offices in London

Past returns: Spanish financials trade comes good
Five years ago, hedge funds piled into Spanish bank debt on the belief that a bail-out of Spain would leave senior bank debt investors unscathed. 

Imperial adds structured credit talent to London and New York offices
Imperial Capital has added to its structured products business in London and New York

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

PGIM takes top spot as credit market celebrates
PGIM was the big winner at the Creditflux Manager Awards dinner on 3 May after scooping up the coveted manager of the year award

West coast pension fund boosts its allocation to Halcyon’s credit business
A major west coast pension allocator to credit has moved to increase its allocation to Halcyon Capital Management after separate account generated 35% return in 2016

SEC charges ex-Nomura CMBS traders with fraud
The SEC yesterday said that two former Nomura CMBS traders, James Im and Kee Chan, misrepresented price information to clients in trades where they were acting as intermediaries

Apidos co-founder set to join Medley as head of structured credit
One of the founding partners at CVC Credit Partners, is set to join Medley Management as head of structured credit in New York

Black Diamond credit hedge fund joins Creditflux listings
Black Diamond Credit Strategies Master Fund is the latest addition to Creditflux’s growing hedge fund listings

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

Index curve trades boost LMCG credit fund
Credit index curve trades have boosted LMCG’s Serenitas Credit Gamma Master Fund

US hedge fund manager launches mortgage-orientated fund
A structured credit specialist has so far raised $50 million for a fund which will write mortgages in a niche corner of the US property market

Waterfall looks to add derivatives to its credit managed account
A US pension fund looks set to approve a change to its account with Waterfall, which will see the manager gain the ability to use derivatives as a hedging tool

Leveraging mid-market loans could be disastrous
StoneCastle’s Joshua Siegel takes our credit quiz

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February