Securitisation Regulation hits European ABS issuance
Issuance in traditional European ABS has been notably slow in the first two months of 2019 following the introduction of the new Securitisation Regulation.

Mizuho appoints Cairn co-CIO as global markets head in London
The announcement follows the departure of the bank's incumbent head of global markets

Hartford partners with Schroders to launch securitised credit fund
Hartford Funds has teamed up with Schroders Investment management to offer its investors a new securitised credit fund

US dollar three-month is focus point for benchmarks, finds Ice Libor survey
One-, three- and six-month US dollar and sterling are the focus points for Ice Benchmark Administration to seek agreement with banks, according to the results of IBA’s survey on uses of Libor

Windstream credit event question posed to Determinations Committee
The Americas Credit Derivatives Determinations Committee has been asked to decide whether Windstream Holdings has triggered a 'failure to pay' credit event, after a court ruled last week the US phone company had defaulted on bonds in 2015 when it span off Uniti Group

Churchill appoints head of underwriting
Churchill Asset Management has announced several promotions including head of underwriting and managing director, underwriting and portfolio management

Latham & Watkins adds structured finance partner in London
Latham & Watkins has hired a Cadwalader partner to its London office 

CIFC launches CLO fund with investment grade mandate
CIFC Asset Management is back in the market with yet another CLO-focused fund – this time, aimed at investment grade opportunities

Trups CDO spreads shift wide of late 2018 levels as EJF produces $314 million deal
Trups CDO spreads have widened since the end of last year – much like corporate credit spreads – after EJF Investments priced its sixth securitisation of financial company debt.

Orrick adds two CLO specialists as partners
Law firm Orrick has bolstered the firm’s structured finance group with the appointment of two CLO specialists 

Silence is not golden: loan investors fret over terms in Apollo-sponsored deals
Leveraged loan investors have expressed concern over terms in some Apollo-sponsored deals, which allow the borrower to incur additional first lien debt that not only matures earlier than the existing debt, but also does not trigger “most favoured nations” (MFN) protection for the outstanding debt

Carlyle performance dips in Q4, but credit teams ride global volatility
Credit fund performance dipped for the Carlyle Group in the fourth quarter, as market volatility and fund outflows put a dent in the industry’s much stronger performance of the previous three quarters

Morgan Lewis adds CLO partner to its Washington office
Law firm Morgan Lewis has bolstered its structured credit division, hiring a former Clearly Gottlieb partner 

CIFC launches its first CLO Ucits fund
CIFC Asset Management has become the latest manager to launch a new CLO Ucits fund

Cairn Capital hires portfolio manager for CLO investments
Cairn Capital has hired a portfolio manager with sell-side and ratings agency experience to be responsible for CLO tranche investments

Oaktree makes push into CLO investing with new European fund
Oaktree Capital Management is putting together a new European fund to invest in CLOs

Partners Group private debt assets hit €15.36 billion
Partners Group, the Swiss alternatives manager, secured €5 billion of new private debt commitments in 2018, propelling the firm’s private debt assets under management to €15.36bn

Mayer Brown adds CLO partner in London
Law firm Mayer Brown has appointed a CLO specialist as partner in its London office

CIFC prepares CLO-focused fund
CIFC Asset Management is in the market with another CLO fund, only eight months after teaming up with New York-based City National Rochdale to launch a CLO-focused credit interval fund

Head of European private debt Bone earns promotion at Partners
Partners Group’s head of private debt in Europe, Christopher Bone, has been promoted to partner as one of 10 senior-level promotions announced by the firm

Muzinich aims to take granular portfolio tactic across Europe
Muzinich has put together what it describes as a “direct lending 2.0” strategy, which it anticipates will serve as a solution to the constraints faced by middle market lenders in Europe. The firm launched the Italian version of the strategy in November via its Italian subsidiary Springrowth SGR and is looking to create follow-ups in other European jurisdictions

NewStar rebrands to First Eagle one year after acquisition
The mid-market lender has rebranded and adopted its parent’s name First Eagle Investment Management 

HPS targets CLOs with new fund
The New York-based manager has raised nearly $100 million for its second opportunistic CLO fund, according to SEC filings

Vue CDS reels on loan no-show, as CLO managers hold front row seats
Vue International is among the biggest movers in credit default swap trading today after the cinema operator pulled an £833 million refinancing and acquisiton financing