"If anything is to be salvaged from the rest of 2022, the economy needs a hero — and quickly"
Something has gotta give as a recession looms in the US. Might it be energy?

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

JP Morgan holds place as CLO market's largest noteholder
JP Morgan remained the world's largest CLO noteholder at the end of the first quarter, with $59.69 billion invested in the asset class as of 31 March - an increase of $1.11 billion from year-end

Dispersion begets dispersion in mixed bag of fund returns
Idiosyncratic risks are set to rise in credit, with fund managers becoming occupied with tail risks, and that has been seen in a scattered set of March hedge fund returns

"Faltering oil supply is lamentable at a time of strategic and moral shortfall"
We need to accept the pain and cut dependence on Russian oil today

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Apollo hires ex-JP Morgan CLO co-head to lead new Apac credit business
Apollo Global Management has hired three from Commonwealth Bank to lead the fim’s Asia Pacific credit business

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

Credit funds at a glance (January 2022)
A round up of fundraising and people moves in credit

Loans will be winners in bearish year for credit: BNP Paribas
Floating rate loans are best positioned for a year of widening credit spreads, but high yield bonds will outperform investment grade and EM credit is set for losses, says BNP Paribas in its 2022 outlook

Citi's former correlation trading star takes on new risk head role
Citi's former head of credit correlation trading has taken on a new role in the bank, becoming head of in-business market risk for global markets

Nochu returns to CLO new issues after two-year break
Norinchukin Bank made its long-awaited return to the CLO primary market last month, investing in US CLO triple A notes once more

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

Pretium hires senior PineBridge official to spearhead middle east expansion
Pretium has established a presence in the Middle East with the opening of a Dubai office and has hired a managing director from PineBridge to lead the charge

KKR announces new co-CEOs as Kravis and Roberts step down
KKR has announced the appointment of its second ever pair of co-chief executive officers, effective immediately, replacing co-founders Henry Kravis and George Roberts

"I’m passionate about broader representation within investment teams"
CIP's Leila Donnachy takes our credit quiz 

Nochu again: Japanese bank makes tentative return to CLO primary investing
Norinchukin, the world’s largest holder of CLO notes, made a tentative return to primary investing last month

Credit funds at a glance (September 2021)
A round up of fundraising and people moves in credit

Israeli fund looks beyond carry to discounted CLO double Bs
A CLO fund set up in Israel a year ago is looking to unlock value in double B-rated tranches and is finding opportunities in the primary market where junior CLO tranches are regularly pricing at a discount