Sound Point and American Beacon team up for credit interval fund
American Beacon Sound Point Enhanced Income Fund will invest in a variety of credit-related instruments - with at least 40% bank loans exposure

Tikehau poaches Commerzbank leveraged loan trader
Tikehau Capital has appointed a secondary loan trader in its London-based CLO and leveraged loan fund team

Pension fund set to vote on rescinding York credit commitment and cutting Tricadia
The investment committee at San Bernardino County Employees’ Retirement Association has recommended that the pension fund rescind its commitment to a structured credit fund managed by York Capital Management, and terminate its relationship with multi-strategy credit manager Tricadia Capital Management

Mariner eyes new series for CLO Opportunities Fund
Mariner Investment Group is raising for the its second series of its CLO Opportunities Fund, according to US regulatory filings

BlackRock poaches CLO tranche portfolio manager from London-based firm
BlackRock has hired a CLO investment specialist in London

Global head of credit correlation leaves JP Morgan to launch new hedge fund
Market sources say that a high profile figure, known to have been responsible for unwinding JP Morgan's 'London whale' positions, has left the bank to start his own hedge fund

Kartesia hires Jefferies' former head of CLO trading in London
Kartesia, best known for investing in middle market companies in Europe, has brought in the former head of European CLO and CDO trading at Jefferies, Sharif Anbar-Colas

Sound Point CLO Fund sees inflows of $100 million over 12 months
Sound Point Capital Management's CLO fund has reached approximately $240 million

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

KKR eyes CLO equity for new fund
KKR has become the latest manager to launch a US CLO equity fund, according to regulatory filings

Pimco raises $116 million for CLO opportunities fund
Pimco has raised at least $116 million for its CLO Opportunities Fund, according to US regulatory filings

Former ICG CLO portfolio manager takes on CIO role at MeDirect
The former co-head of European leveraged loans at Intermediate Capital Group, Michael Curtis, has resurfaced at MeDirect (formerly known as Mediterranean Bank)

Highland launches CLO Ucits fund
Dallas-headquartered Highland Capital Management has launched a new Dublin-domiciled Ucits fund, which will focus on CLO debt

Large credit manager raises $386 million for CLO equity fund
A New York-based credit fund manager has raised a fund to retain the equity in its own brand of CLOs

Credit trader leaves BlueMountain ahead of move to rival hedge fund manager
A London-based credit trader has left BlueMountain after five years amid rumours that he is joining a rival fund manager

Leveraged finance veteran leaves Mizuho in London after 22 years
The head of international acquisition finance at Mizuho, Paul Carman, has left the bank to bring to an end a 22-year affiliation with Mizuho

First Trust teams with TCW to launch unconstrained credit ETF
First Trust Advisors will act as investment advisor to the new actively managed fund, while TCW Investment Management will act as sub-advisor

Flat Rock prepares $100 million CLO equity-focused fund after big hire
Flat Rock will launch the new interval fund to primarily invest in CLO equity, with newly hired anchor CLO investor Shiloh Bates acting as one of the portfolio managers

Spire moves into CLO investing with new credit fund
European corporate credit specialist Spire Partners has raised roughly €100 million for a multi-strategy fund that will have the ability to invest in CLOs

Credit interval funds thrive as investors value liquidity profile
“The interval fund structure’s time has come," says BlueBay's Blair Reid

Bain raises at least $239 million for structured credit fund
Credit specialist Bain Capital Credit has raised at least $239.5 million for its structured credit fund , according to US SEC filings.

Highland merges funds to create new loan/CLO strategy
Highland Capital Management has merged certain funds to create a new strategy that will invest across corporate loans and CLOs, according to market sources

Barrow Hanley moves into US loans after hiring PMs from Whitebox
“Now is the ideal time to add the bank loan strategy to Barrow Hanley’s menu of offerings" says Nick Losey ahead of his move to the firm

Michigan fund commits $25 million to CLO "risk retention" vehicle
The University of Michigan's endowment has made a $25 million commitment to a CLO fund managed by Kayne Anderson Capital Advisors, according to documents seen by Creditflux