Two more credit firms explore US CLO management
Two US credit shops, headquartered in Greenwich and Boston, are the latest to explore launching US CLO management platforms, according to multiple sources. One has also launched a CLO fund.

Credit fundraising: managers build homes for real estate credit funds
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close

LP round up: $5 billion flows to credit as private market allocations increase
Global institutional investors allocated nearly $5 billion to credit funds this week, according to documents seen by Creditflux

Barings and PGIM win loan and structured credit mandates as pension puts £2.7bn in credit
The firms will manage global syndicated loans, securitised credit, emerging market debt and global high yield credit for Border to Coast Pension Partnership's £2.7 billion ($3.43 billion) multi-asset credit fund 

LP round up: Connecticut eyes Fortress for private credit partnership
Investors placed $3.3 billion across 26 credit mandates over the past fortnight, according to documents seen by Creditflux 

Rhode Island pension moves into EM debt
Investment consultant NEPC has recommended Wellington Management for emerging debt strategies to Employees' Retirement System of Rhode Island (SIC), following the pension fund’s recent decision to approve a 2% allocation to the asset class  

US pension picks Aberdeen Standard for EM debt mandate
Quincy Retirement Board has appointed Aberdeen Standard Investments for a $6 million emerging market debt mandate

Job opportunity with Wellington: credit analyst
Wellington Management has released details of a vacancy in its Boston office

California pension fund short-lists six managers for credit mandate
A California pension fund has narrowed down the search for an opportunistic credit manager to six names

CLO triple-A buyer leaves Calpers to join large fund manager
The California Public Employees' Retirement System (Calpers) has lost a key member of its CLO investing team to a large fixed income manager

Neuberger Berman fund marketer joins large asset manager in London
A senior marketing official has recently left Neuberger Berman for a rival with a similar profile