Fund manager with UHNWI following raises $25 million for long-short credit
An asset manager based in Florida, which has successfully sold credit funds to ultra high-net-worth individuals, has rased $25 million for a long-short credit fund

Chenavari fund swells assets by $72 million following relaunch
Chenavari has grown assets of a long/short credit vehicle by more than $70 million following the vehicle’s relaunch last year, its co-manager says

Long-short manager Kingdon grows its credit fund
Kingdon Capital Management's credit assets under management have increased over the last year, SEC filings suggest

West coast manager's long-short credit fund hits $595 million
Symphony Asset Management has raised $594.90 million for its BayCity Long-Short Credit Fund, a $10 million increase in just over a year

Symphony earns $200 million of inflows for long-short credit fund
An offshore credit fund distributed by Symphony Asset Management has raised almost $200 million in a year, regulatory filings reveal

Barclays buys protection on $1.6 billion global credit portfolio
Barclays has completed a new reg cap trade, according to a recent ratings announcement by DBRS

Saba's former head of Europe lands at large credit hedge fund manager
The former head of Europe for Saba Capital Management has become a London-based credit manager's second major hire in four months

GoldenTree hires JP Morgan executive to head new Australian office
New York-based credit specialist GoldenTree Asset Management has opened an office in Sydney - and hired a JP Morgan executive - as part of its push into the Asia-Pacific region

Founder looks to take structured credit manager Zais private
Founder Christian Zugel has bid to take Zais Group private, ending its two year stint as a public company

Barclays steps into reg cap synthetics boom
Barclays has dramatically stepped up its activity in “significant risk transfer”, becoming one of the most active originators of regulatory capital trades, according to market sources

Creditflux guide: single name CDS
Credit default swaps aren’t used as often as they were, but they are still a quick way for investors to hedge or take a position on names in the credit market

Californian boutique Illumination kicks off fundraising for new credit fund
California-based Illumination Asset Management has opened its IAM Credit Opportunities Offshore Fund to investment and has already raised $22 million

Former Anchorage pair seek investment in two new Diameter funds
Credit start-up Diameter Capital Partners, founded in February by two credit professionals from Anchorage, has opened two new funds to investment

Kirkland & Ellis poaches credit fund-focused partner from rival law firm
Anand Damodaran is the sixth partner Kirkland & Ellis has hired from Ropes & Gray this month, company announcements reveal. Earlier this month, Kirkland & Ellis hired a five-partner team focusing on investigations and government enforcement.

BNP Paribas pushes Isda to act as Noble triggers CDS uncertainty
BNP Paribas has pressed Isda to take action as Asian credit derivative markets grapple with a messy default by Hong Kong-based Noble Group

Magnetar shoots for the stars with plans for $1 billion fund
Alternative asset manager Magnetar Capital has raised about $149.6 million for Magnetar Constellation Fund V

Private equity firm Gryphon moves into credit with $100 million fund
The San Francisco-based firm has announced a first and final closing of its mezzanine fund at its cap of $100 million of aggregate commitments

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Past returns: drawing crowds is not easy for bond trading platforms
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EM local currency boosts Brandywine hedge fund
A switch to emerging markets has proved profitable for Brandywine

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Fishknife: Interval funds are a step in the right direction
They bring their own dangers, but interval funds are a better vehicle for managing illiquid credit than conventional funds

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers