Texas pension fund approves two new CLO manager mandates
The Texas Municipal Retirement System has approved the appointment of GSO Capital Partners LP and Octagon Credit Investors as CLO managers on its non-core fixed income strategy

Three credit specialists part ways with Highland
Three officials have left Highland Capital Management in the last few weeks; a CLO trader and two experienced corporate credit researchers

Octagon-managed structured credit fund invests heavily in CLO equity
A new structured credit interval fund subadvised by Octagon Credit Investors has invested almost half of its portfolio in CLOs

Seer holds first close on new credit fund
A structured credit boutique founded by former Deutsche Bank manager Philip Weingord has recently raised $42.5 million for its latest fund in what appears to be a first closing, regulatory filings show

Oppenheimer and Carlyle launch global credit fund as part of JV
Carlyle Group and OppenheimerFunds International have filed to register the first fund product of their previously announced joint venture. The vehicle will invest in a wide range of credit products including CLOs, direct lending and opportunistic debt

CLO manager bids farewell to distressed debt specialist in New York
A principal at Octagon Credit Investors has left the firm after four years, but the company is tight-lipped about the circumstances around the move

American Beacon's new Sound Point-subadvised fund to invest in CLOs and credit
American Beacon has filed to register a new interval fund with the SEC. The vehicle will invest in credit products and CLOs and be subadvised by Sound Point 

Ares switches to C-Corp structure as it announces "record year" in earnings release
Ares has announced a change to its corporate tax status in an earnings release that described 2017 as “a record year” for the firm

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Marble Point lists CLO equity fund on London Stock Exchange
Marble Point Capital Managment has completed an IPO for its new listed fund named Marble Point Loan Financing

CLO equity and mezzanine fund liquidates two years before reinvestment period
BK Opportunities Fund-2 has liquidated two years before the end of its reinvestment period with annualised net return since inception at 12.4%, Creditflux has learned

US credit manager passes $2.7 billion for securitised credit fund
Marathon Asset Management has now raised more than $2.7 billion for its Marathon Securitized Credit Fund, according to regulatory filings

Octagon looks to invest up to $500 million in CLOs with new fund
New York-based Octagon Credit Investment is raising money for its third CLO opportunity fund, according to recent SEC filings

THL Credit assigns new role to senior portfolio manager Murphy
Alternative credit manager THL Credit Advisors has promoted managing director Brian Murphy to head of capital markets

Hildene makes huge 2017 gains after wringing every drop from 1.0 CLOs
For the most part, 1.0 CLOs are on their last legs with very few pre-crisis deals outstanding – but one fund manager has made hugely profitable trades in this area

Dublin-based co-head of global credit parts company with KKR
An experienced figure in European credit has left KKR in order to pursue interests outside of fund management. He had been serving as co-head of global credit at the firm

Brigade co-founder to leave the firm
Brigade Capital Management's co-founder Pat Kelly is leaving the firm, according to market sources

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

European loan specialist leaves Partners Group
A European corporate loan specialist, who covered both CLOs and direct lending funds, has parted company with Partners Group, a spokesperson for the company confirms

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