CIFC taps former Citi CLO veteran to lead structured credit business
Jay Huang has joined credit manager CIFC as a managing director, senior portfolio manager and head of structured products investments in New York, Creditflux has learned

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Former Och-Ziff executive Cohen faces criminal fraud charges
A former Och-Ziff Capital Management executive is facing criminal fraud charges relating to the firm’s hedge fund activities in Africa, according to an indictment that was made public last week

Alcentra hires former BlackRock US loan and CLO chief
Alcentra has announced the appointment of Leland Hart as managing director and head of US loans and high yield

Court confirms $8 million ruling in favour of former Acis partner Josh Terry
A Dallas court has ruled in favour of former Acis Capital Management partner Josh Terry in his long-running dispute with the asset management company, according to court documents seen by Creditflux    

Californian pension fund approves $50 million commitment to CLO-focused fund
The pension fund has approved a $25 million commitment to an upcoming CLO fund, adding to $25 million previously committed 

Oxford Lane announces $42.5 million CLO repo agreement with Nomura
Oxford Lane Capital Corp has entered into a nine-month repo agreement with Nomua over a CLO portfolio with a market value of $106.2 million

Japanese internet and telco giant SoftBank completes Fortress acquisition
Japan’s SoftBank Group Corp has completed the previously announced acquisition of Fortress Investment Group for $3.3 billion in cash

Carlyle raises more than $800 million for global CLO-focused fund
Carlyle's newest fund will invest in CLOs backed by US and European senior secured corporate loans actively managed by third parties

Tetragon raises $255 million for its latest CLO risk retention fund
Tetragon's newest CLO-focused credit fund has completed its first close, with commitments of about $254.8 million, regulatory filings indicate

Hayfin acquires US CLO manager
European credit platform Hayfin Capital Management has signed an agreement to acquire a US CLO specialist

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

Managers argue over whether structured credit trade is played out
Some US and European hedge funds are trimming their exposure to structured credit as investors back away from this asset class, according to some industry experts

Highland renames CLO fund and raises at least $153 million
The Guernsey-incorporated vehicle, which launched in 2015 under the name Acis Loan Funding, has raised more than $150 million and changed its name to Highland CLO Funding

US manager looks to raise $300 million for new CLO equity fund
Regulatory filings indicate that a US fund manager is targeting a new fund which will purchase CLO equity tranches

US boutique to launch fund of funds investing in CLOs and alternatives
The asset and wealth management RIA firm is establishing an alternatives fund of funds to be launched in 2018, according to market sources

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

CIFC liquidates CLO-focused fund
Private debt manager CIFC has liquidated a closed-end fund known as the CLO Opportunity Fund I, but has launched a successor fund

Los Angeles pension fund considers investing in CLOs
A large LA pension fund wants to boost returns from its fixed income portfolio and has set its sights on CLOs and private debt

Mid-market lender NewStar agrees to sell itself for more than $500 million
New York-based asset manager First Eagle Investment Management announced this morning that it plans to buy mid-market loan specialist NewStar Financial

Eagle Point raises $100 million for new CLO-focused fund
Greenwich-based Eagle Point has raised $100.2 million for a new private fund that will invest in CLO equity, regulatory filings reveal

White & Case promotes three credit lawyers to partners in US and Europe
White & Case has announced the promotion of three lawyers with credit expertise to its partnership in offices across the US and Europe

Partner leaves Ares's credit group after almost 20 years at the firm
A former fund and CLO portfolio manager, who had spent the last couple of years working in a business development role, has left Ares's Los Angeles offices