Former GSO distressed specialist to launch European credit fund - report
Bloomberg reports that Akshay Shah, a former senior managing director at GSO Capital Partners, has launched his own fund management business known as Kyma Capital in London

79% of credit managers expect US high yield to widen, survey reveals
The International Association of Credit Portfolio Managers (IACPM) has revealed the results for its latest IACPM Credit Outlook Survey – and the outlook appears to be bleak

Dentons brings in derivatives lawyer as partner
Global law firm Dentons has added Alice Yurke as partner in its capital markets practice, the firm announced yesterday

Quant giant AQR launches first fixed income fund
Quant specialist AQR Capital Management has entered the fixed income world, launching a new product called the Core Plus Bond Fund

A credit market in constant flux
Since Creditflux's launch in 2001, we've reported on CLO evolution, trendy new products, regulatory U-turns, and, of course, crashes. Which, we wonder, is coming next?

Join the debate: most memorable moment in credit
At Creditflux we’ve now produced 200 monthly magazines since Fishknife first came up with the idea of tracking the global credit markets in 2001). We asked several key credit industry officials about their most memorable moment in credit

Dedication pays off in risk sharing
Fund managers are pitching dedicated CRT funds to institutional investors as market hits €75 billion in 2017 and US banks start to take notice. By Sayed Kadiri

Staying afloat in credit takes care and character
In his final article, our columnist sheds light on his identity and has some 'nice' advice for those navigating credit’s changeable oceans

Brookfield buys 25% stake in European credit manager
Brookfield has acquired a 25% stake in Link Financial Group, the parent company of European credit specialist LCM Partners

Fidante acquires minority stake in credit fund manager Latigo
Fidante Partners has today announced that it has acquired a minority stake in Latigo Partners, a credit asset manager.

Anchorage wins $75 million ticket for global credit fund
A US pension fund has approved an investment in the upcoming Anchorage credit fund

Strengthen CDS definitions to stop engineered defaults, say lawyers
The likelihood of stamping out manipulation in the credit default swaps market – namely the practice of staging credit events – is remote, say market sources

Past returns: Europe's own risk retention rewrite
Five years ago we reported that European CLO managers were hunting for partners to retain risk retention on their behalf. Shortly after, regulators performed a U-turn (nothing new here) and decided to prohibit third parties from acting as risk retainers

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

Capital Four fund soft closes at €350 million
Copenhagen-based Capital Four Invest has recommended a soft close for its Luxembourg-domiciled Credit Opportunities Fund following its growth to €350 million

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

Blackstone's GSO launches second credit alpha fund
GSO Capital Partners has launched its second Credit Alpha Fund, US SEC filings indicate

AB names fixed income co-heads and replaces Ashish Shah on two funds
Following the departure of Ashish Shah, who was AB's head of fixed income and chief investment officer, Will Smith has been appointed co-manager on two bond funds. Meanwhile, the firm has named two co-heads of fixed income

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

CLO equity and mezzanine fund liquidates two years before reinvestment period
BK Opportunities Fund-2 has liquidated two years before the end of its reinvestment period with annualised net return since inception at 12.4%, Creditflux has learned

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

Octagon looks to invest up to $500 million in CLOs with new fund
New York-based Octagon Credit Investment is raising money for its third CLO opportunity fund, according to recent SEC filings

New York-based manager rebrands long-short credit fund
The $107.5 million vehicle, which was previously known as Collins Long/Short Credit Fund, has rebranded as CrossingBridge Long/Short Credit Fund

HSBC announces $550 million second close for diversified loan fund
HSBC Alternative Investments has announced the second close of its diversified loan fund, which will combine both loan investing and direct lending