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

EJF recycles legacy assets to price first trups CDO of 2017
Hedge fund manager EJF Capital is understood to have priced a trust-preferred CDO backed by assets issued before the crisis

Cairn's Jackson set to join large asset manager in London
Andrew Jackson has left his post as chief investment officer at Cairn Capital and well-placed sources have told Creditflux that he is due to join a fund manager in London

German bad bank wins huge CLO auction
A German bad bank has emerged as the winner of a huge auction of CLOs and other asset-backed securities this morning

Timing of CLO b-wic puzzles market participants
A huge CLO bid list scheduled for Friday (10 March) represents part of the liquidation of a CDO of ABS, according to Creditflux’s sister intelligence service Debtwire ABS

Oaktree branches into structured credit with major hire in Los Angeles
Oaktree Capital Management has signalled that it is making a major push into structured credit and CLO investing with sources indicating that the asset manager has hired an official who oversaw $40 billion of structured credit assets in his previous role

Eurizon follows ECB's lead with new structured credit fund
Eurizon Capital has launched a new fund to target European structured credit opportunities – a market which it says has been strengthened thanks to the ECB’s ABS purchasing scheme

European ABS b-wics have an 80% success rate, finds TwentyFour
In a blog posted yesterday, TwentyFour Asset Management looks into liquidity in the European ABS market and finds that over the last 12 months, 80% of assets on b-wics have traded.

Jefferies parts company with co-head of its global CLO business
A former Lehman Brothers official, who has been instrumental in building out Jefferies' CLO desk, has left the brokerage in the last few days

Structured credit specialists exit MKP
Several structured credit professionals leave New York-based fund manager that has become a big investor in CLOs

CLO tranche investor parts company with BlueCrest in New York
A well-known CLO investor has left BlueCrest Capital Management, according to well-placed sources

West coast manager launches its latest credit fund
Los Angeles-based Beach Point Capital Management has launched a new fund, which appears to be targeting structured credit

Top-performing structured credit fund unlocks new share class
One of the standout credit funds of this year is giving investors more liquidity through a new share class

European investor buys mezz in risk retention compliant US CLO
Structured credit fund manager subscribes to risk retention-compliant US CLO

West coast manager wins $1 billion structured credit mandate
Structured credit has proved to be a strong source of growth this year for a large credit manager

San Jose pension fund hires manager for structured credit push
The San Jose Police and Fire Department Retirement Plan has agreed to invest $60 million into securitised credit after one manager impressed with the depth and experience of its team

Hedge fund run by ex-Goldman structured credit head wins new mandate
A hedge fund run by the former co-head of the structured products group at Goldman Sachs has earned a $100 million commitment for a long/short structured credit strategy

RBS US structured credit chief McGarvey brings his team to SocGen
Societe Generale has announced the hire of the former head of US asset backed finance at RBS, Daniel McGarvey, and several other ex-RBS bankers

Oak Hill credit fund smashes past $1.5 billion
Market sources say that a multi-strategy credit fund managed by Oak Hill Advisors has surpassed $1.5 billion in AUM