Nearwater aims to put $500 million to work in global risk retention financing
Start-up company Nearwater Capital has closed on a $500 million capital commitment which will fast-track its move into risk retention financing, sources say. The firm has already deployed capital into CLO risk retention

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 

Wells Fargo rewards CLO veteran with another promotion
Wells Fargo has appointed Mary Katherine DuBose as head of debt capital markets effective immediately

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

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

Angel Oak joins growth in credit interval funds
Angel Oak is set to become the latest credit manager to target retail investors following in the footsteps of Alcentra, GoldenTree, GSO and Octagon 

Cairn appoints Burke and Godall as co-chief investment officers
Cairn Capital has appointed Andrew Burke and Asif Godall as co-chief investment officers

Seer's Lamont set to join European credit firm as managing partner
European merchant bank has signalled big plans in structured credit by hiring a well-known former Deutsche Bank figure

Experienced CLO trader joins Orchard in London
Structured credit specialist adds a portfolio manager, who previously served at Deutsche Bank and Brevan Howard, to its team in London

Goldman's former head of structured credit trading to move to the buy side
Goldman Sachs veteran Jerry Ouderkirk is joining Pretium Partners, according to a Bloomberg report

Black Diamond hires structured credit specialist from Natixis's CLO desk
Black Diamond Capital Management has hired former Natixis credit specialist Andy Phelps as a senior managing director, after working alongside him on CLO deals for years

Credit fund manager Frost allows management fees to thaw down to 50bp
San Antonio-based Frost Investment Advisors has slashed management fees on its CLO-heavy credit fund

Former Deutsche Bank big hitter moves to wealth manager
Deutsche Bank’s former head of sales for the Americas has re-emerged on the buy side, joining wealth management firm Alexandria Capital

Debtwire euro ABS round-up: two UK deals enter the pipeline
Just one transaction priced in Europe’s ABS market last week, but another two have entered the pipeline

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

Carlyle raises $1 billion for credit opps and structured credit funds
Carlyle Group’s has reiterated over the last several months that it sees huge potential in the credit market, and it is now experiencing joy on the fundraising trail

Time-saving hedge fund platforms stop opportunities evaporating
Lengthy commitment periods and drawn-out negotiations between institutional investors and fund managers could be a thing of the past thanks to a wave of multi-manager hedge fund platforms

Creditflux parent rebrands as Acuris
Creditflux’s parent company gained a new name last month, with Mergermarket Group relaunching as Acuris

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Imperial adds structured credit talent to London and New York offices
Imperial Capital has added to its structured products business in London and New York