- Direct lending (72)
- Emerging markets (30)
- High yield bonds (260)
- Investment grade credit (49)
- Structured credit (64)
- CLO (104)
- Distressed debt (50)
- Credit derivatives (77)
- Marketplace lending (6)
- Real estate debt (18)
Senior figure rejoins Credit Suisse to head European capital markets1 day ago
The bank is looking to build out its key European platforms - and has hired an official who left just last summer
US pension replaces Cliffwater with Meketa3 days ago
Connecticut Retirement Plans and Trust Funds has selected Meketa as a consultant to oversee its opportunistic investments, which consists of direct lending and opportunistic credit investments, along with investments in hedge funds and real assets.
HSBC pension chief joins London CIV in top role4 days ago
London Collective Investment Vehicle (London CIV) has appointed Mark Thompson to serve as chief investment officer (CIO), effective from September.
Rallye CDS auction date set with three initial deliverables8 days ago
A credit event auction to settle CDS referencing Rallye, the parent of French supermarket chain Casino, will take place on 27 June, with the Determinations Committee having agreed an initial list of three deliverable obligations
Deutsche Bank hires emerging market credit trader8 days ago
Deutsche Bank has added to its credit team in London by hiring a trader of emerging market cash debt and CDS
Cayman Island hopping: EU laws provoke switch in CLO listings16 days ago
The Cayman Islands Stock Exchange (CSX) is set to become the listing place of choice in 2019 for CLOs put together by US managers — at least, according to a bold prediction by law firm Harneys.
Being fully invested can have a greater impact on IRRs than avoiding 2% defaults annually16 days ago
The IRR differential can be as much as 3.3% for a fully invested CLO versus one that maintains a 5% cash balance
Doing CLOs is hard work as recovery lags16 days ago
There’s scrutiny on staffing, structures and, of course, ‘the challenging arb’. But Q4 volatility created opportunity, which led speakers at the Creditflux CLO Symposium to ask for more
Market bemoans Europe’s lack of CLO manager tiering16 days ago
Manager tiering became a hot topic in Europe again last month following Credit Suisse Asset Management’s decision to break with tradition by syndicating its triple A notes in Madison Park Euro Funding XIV, rather than place the notes with an anchor investor.
- Room for 10 more? The average loan overlap among recent European CLOs is 48.7% – so the expected influx of new managers will have to work hard to distinguish themselves from the pack16 days ago
- Two firms that have been in the market for fewer than seven years were named the top managers at the Creditflux awards last month. Manager of the year Spire only issued its first CLO in 201516 days ago
- A round-up of fundraising and people moves in credit16 days ago
- A round-up of fund performance16 days ago
PE hold periods have shrunk but fast acquisitions can lead to botched integrations16 days ago
Buyout multiples are likely to stay high – but moving fast and specialising can help firms make money
Mizuho appoints US and European credit trading heads in leadership shake-up16 days ago
The hires include a newly created CLO role, head of credit trading, and head of special situations and illiquid trading
Cairn teams with Mediobanca for European credit Ucits fund17 days ago
The strategy will focus on four credit asset classes - financials, corporates, asset-backed securities and special opportunities
London pension fund appoints interim CIO17 days ago
London Collective Investment Vehicle, the fund manager for the pooled investments of 32 London Local Authority Pension Funds, has appointed Michael Pratten as interim chief investment officer
Border to Coast pension seeks exposure to UK investment grade credit19 days ago
Border to Coast Pensions Partnership is set to begin a manager selection process, seeking UK investment grade credit and global multi-asset credit funds
The Last Tranche: ESG, the Millennium Health lawsuit and who won what at the Creditflux Awards22 days ago
The Crediflux content teams sit down to talk about ESG, the best CLO managers in the business and attempt to answer the key question: what is a loan?
Permira adds hire to start credit opportunities business23 days ago
Permira Debt Managers is building out a unit in London to invest in special situations and credit opportunities and has hired a distressed and high yield specialist to help establish the business
Deutsche Bank rehires Nordic sales head after senior official moves to buy side25 days ago
The bank is bringing in a Barclays official to replace him, in a slightly more broader role, say market sources
Mizuho’s credit trading head departs in London30 days ago
Mizuho's head of credit trading has departed after just over a year, a spokesperson at the bank has confirmed.
DC accepts New Look failure-to-pay credit event question30 days ago
The Europe, Middle East and Africa Determinations Committee has accepted a request to rule on whether New Look has triggered a failure-to-pay credit event
Ellington hires business development head in London1 month ago
Ellington Management Group has appointed Jonas Frantz to head up business development in Europe and the Middle East, according to market sources
- The US high yield bond market experienced its biggest quarter since Q4 2017, with volumes and returns rising as borrowers plumped for secured bonds and the Fed turned dovish on rates1 month ago
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