Creditflux

Sunflower grows business with new ABL unit
Sunflower Bank has launched an asset-based lending and leveraged finance group

Hermes appoints head of direct lending in London
Hermes Investment Management has a new head of direct lending. The experienced official now reports into Hermes's head of private debt and CLOs, Patrick Marshall

Former CVC Credit CIO Hickey resurfaces at US direct lending firm
Steve Hickey has resurfaced at a US direct lending firm following his departure from CVC’s credit arm last year, Creditflux has learned

BNP Paribas hires experienced structured credit trader in London
BNP Paribas has hired structured credit trading specialist James Moi to its business in London  

Churchill bolsters senior origination team with three hires
Middle market specialist Churchill has hired three principals to expand its sponsor coverage team

Allstate Investments hires portfolio manager from brokerage
Allstate Investments has hired a new portfolio manager in its bank loan and structured credit group

THL Credit adds former Golub and Balance Point execs to direct lending team
Boston-headquartered THL Credit has strengthened its direct lending team with the appointment of Fawwaz Ahmed and Troy Hebert, both of whom join as vice-president

Law firm appoints partner to co-chair debt finance practice
Law firm Foley Hoag has added Thomas Draper as a Boston-based partner and co-chair of its debt finance practice

Partners Group poaches former Guggenheim official to private debt team
Partners Group has added to its US private debt team

High profile figure in SRT market leaves Nomura in London
A well known figure in the significant risk transfer (SRT) space has parted company with Nomura in London, sources say.

BlueMountain hires PM to lead private infrastructure unit
BlueMountain Capital Management has hired Scott Troeller to lead its private infrastructure unit  

Proskauer expands asset management practice with partner in Washington
International law firm Proskauer has expanded its global asset management practice with the appointment of William Tuttle, who joins as partner in the corporate practice

Clifford Chance bolsters private funds practice with New York partner
Law firm Clifford Chance has bolstered its US private funds practice with the appointment of Victor Levy, who rejoins the firm as partner. 

Crayhill hires Och-Ziff private credit specialist
Private credit specialist Crayhill Capital Management has appointed former Och-Ziff’s Sloan Sutta as managing director, the firm announced 

They said it: My friend (not a fan of the president) said she would erect a statue of Trump if there was any further Volcker rule rollback
A US lawyer tells us that President Donald Trump is gaining admirers in the credit industry.

Points up front: Cooperman takes advice from Kenny Rogers
Last month news emerged that Omega Advisors founder Leon Cooperman was converting his multi-billion dollar hedge fund into a family office.It wasn’t fatigue or performance issues driving the 75-year-old to retirement (Omega’s flagship fund is said to have delivered double-digit returns in 2017), but rather American country singer Kenny Rogers.  

Star names join Barclays as it pushes into CLOs

Experienced CLO investor tipped to join Tetragon
A high profile CLO investment specialist is set to join Tetragon in New York, according to market sources

BAML assigns high-ranking position to Barclays leveraged finance head
Bank of America Merrill Lynch has poached Barclays leveraged finance head Jill Schwartz and assigned her the role of executive vice chairman of global corporate and investment banking, according to an internal memo seen by Creditflux

Nuveen adds industry veteran Fleishhacker to private credit unit
TIAA subsidiary Nuveen has hired Jean Fleischhacker as a private credit asset class specialist within its alternative investments distribution team

Mayer Brown expands credit fund capabilities with New York partner
Global law firm Mayer Brown has boosted its credit fund formation practice with the appointment for Aubry Smith

Capital Dynamics hires senior business development MD
Capital Dynamics has appointed Elizabeth Phillip as managing director and head of North American business development

BlackRock's co-head of US CLOs set to leave the firm
One of the most experienced names in the CLO investment market is leaving BlackRock

BNP Paribas reorganises US credit business and appoints leveraged finance head
BNP Paribas has integrated its existing US primary and secondary credit units under a single new entity known as global credit markets Americas

Court order forces former Sound Point CLO PM into 90-day non-compete
Sound Point Capital Management is locked in a dispute with its former employee Murtaza Haque who left the firm in May with a view to joining GoldenTree Asset Management