New York, Texas among systems making opportunistic, real estate credit allocations
NYSCRF allocates USD 550m to Apollo, Kennedy Lewis; TCDRS commits USD 150m to Blue Owl real estate fund

South Carolina, Virginia among pensions revealing recent credit-focused investments
South Carolina Retirement System Investment Commission allocates over USD 900m to four managers; Virginia, Los Angeles pensions also disclose recent private credit investments, while East Bay Municipal Utility District and City of Jacksonville pensions seek to expand private credit exposure

Moelis hires from Jefferies for private funds global head
Moelis & Company has nabbed Matt Wesley from Jefferies to lead the private funds advisory business

GP-led deals to reach 50% of credit secondaries volume in 2025: Jefferies
Private credit secondaries volume will be increasingly driven by GP-led transactions this year, said Jefferies in a report

Aquarian prints first new CLO in Gallatin series in more than year
A USD 399.80m US BSL CLO is the first new issue from Aquarian since the print of Gallatin X in August of last year

Jefferies ramps up private credit trading
Jefferies is building out its trading of private credit loans, joining a rush of banks and managers developing a new secondary market for the product

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

New York Life Investments taps member of Jefferies credit team

New York Life Investments has hired a member of the Jefferies Credit Partners loans team as director of high yield and leveraged loans

Jefferies Credit Partners plans new BDC

Jefferies Credit Partners plans to launch its first private placement of a business development company. 

Former Jefferies Emea structured credit co-head resurfaces at Canadian pension firm
The former co-head of Emea securitised markets at Jefferies has been hired as head of European structured credit at Alberta Investment Management Corporation

Jefferies CLO official lands at Bain as head structurer
Bain Capital Credit has hired a New York-based head structurer from Jefferies

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

B. Riley hires ex-Jefferies high yield head and plans fixed income expansion
B. Riley Securities has hired Tim Sullivan as head of fixed income with the firm expanding its fixed income division

Jefferies and SMBC form $2.25 billion partnership
Jefferies and SMBC Group have announced an alliance which will see SMBC provide a $1.9 billion credit facility to Jefferies Finance, the leveraged finance affiliate of Jefferies, and $350 million to Jefferies Group.

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

Ex-Cerberus and Jefferies officials join FLC to lead new private debt unit
Family Legacy Capital Management, an investment manager for family office, has unveiled a New York-based private credit unit and has brought on former officials from Cerberus and Jefferies to lead the charge

Jefferies Credit poaches senior RBC pair for direct lending business
Jefferies Credit Partners has expanded its middle direct lending business with two senior hires

Jefferies shelves structured synthetic plans as key man departs
Jefferies has put on ice its plans to build out a synthetic CDO origination, structuring and trading unit, having parted ways with the veteran specialist tasked with driving the venture

CSO arrangers look to build on $65bn of issuance in 2019
The synthetic bespoke tranche market this year has fallen short of expectations in terms of overall issuance volume, but ends with transformative inroads being made.

Ex-Jefferies high yield sales and trading head lands at Imperial
He will be responsible for managing and expanding the firm’s global fixed income sales, trading and research business

Jefferies subsidiary and Stonyrock plan mid-market alternative manager stake acquisitions
The new joint venture will invest in private equity, credit, hedge funds, real estate, venture, and infrastructure firms

Ex-Citi CDO trading chief joins Jefferies as head of European fixed income
Jefferies has appointed a former Citi European credit and pre-crisis CDO trading head to lead its European fixed income business

Jefferies creates team and aims to build CSO business
Amid mounting buy-side interest in the synthetic CDO market, sources say that Jefferies is looking to build a US business arranging these transactions  

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

BTIG bolsters New York credit team with four hires
Global financial services firm BTIG has announced several hires to strengthen its fixed income credit team, with the professionals joining from UBS, Seaport, Jefferies and Stifel