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

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

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.

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

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  

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

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

Banco Popular becomes first credit to trigger new-style CDS
Isda’s credit determinations committee ruled on Friday that Spain’s Banco Popular has triggered a “government intervention” credit event on its credit default swaps

Senior European investment grade credit trader exits Citi
The head of investment grade single-name credit trading at Citi has left the bank after just nine months

Credit fund manager snaps up BlueMountain's CEO for Europe
BlueMountain has announced leadership changes following the departure of Nicholas Pappas - with sources informing Creditflux that he has signed up with another large fund manager as head of credit

Pension giant AP4’s Erlandsson joins Granit to raise green credit fund
Stockholm-based asset manager Granit Fund has made a big name hire in credit, taking on Ulf Erlandsson with a view to launching a new green bond hedge fund this year

Alva's 'disruptive' fund joins Creditflux listings
A London-based manager is making waves with a tech-focused credit fund

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

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 

Citi promotes a familiar face to head European credit structuring
Citi has promoted a long-time Citi staffer to the role of head of credit structuring for the Europe, mid East and Africa region

Parex's bond for loan swap traps CDS holders
French cement firm's move leaves hedge funds abandoning orphan