Putnam confirms CLO ambitions after raiding First Eagle
Putnam Investments has confirmed its plan to jump back into CLO management after 17 years away with the company announcing the appointment of a team from First Eagle Investment Management, led by portfolio manager Scott D'Orsi. Creditflux first reported on this move in February  

Credit Suisse CLO syndication specialist joins rival in New York
A US CLO syndication specialist at Credit Suisse has left his position to join another bank as director

Kayne appoints new CEO as Levitt and CLO team spin out
More details have emerged on the spin out of Kayne Anderson’s credit business, first reported by Creditflux today, with sources indicating chief executive officer Michael Levitt is part of the team that is leaving

HSBC AM names CEO of new $53bn alternatives business
HSBC Asset Management has become the latest manager to bring together its ‘alternatives’ capabilities under one roof, with the launch of a new unit, HSBC Alternatives

Eldridge spins out structured credit investment team into new firm
Eldridge Industries’ $13.5 billion structured credit investment team is spinning out into a new firm named Panagram Structured Asset Management

Brigade follows its playbook as it promotes senior analyst to replace outgoing CLO PM
Brigade Capital Management is promoting a senior analyst to replace its CLO portfolio manager, who is set to leave for another role. It used a similar approach of promoting from its research team in 2016. 

SocGen hires senior CLO originator in New York
Société Générale has hired a senior originator for its middle market and BSL CLO platform 

Sound Point confirms buy-out of CVC's US direct lending business
Sound Point Capital Management has bought CVC’s US direct lending business, the pair have confirmed. The deal will add $1 billion of assets to Sound Point’s $25 billion platform and includes nine investment professionals

US CLO syndication head leaves Goldman Sachs
The head of CLO and ABS syndication at Goldman Sachs in New York has resigned from his post

Barclays hires experienced CLO syndication official in New York
The former head of US CLO syndication at a bank has landed at Barclays

Eagle Point hires trader for non-CLO assets as it eyes growth in corporate credit
Eagle Point Credit Management is growing its non-CLO business, with the firm hiring a head corporate trader responsible for trading high yield, BDC debt as well as equity, reits and other securities

BMO hires experienced CLO trader
BMO Capital Markets has brought in well-known CLO trader, shortly after making a new issue CLO breakthrough

"Don’t buy loans for the floating rate component alone"
Loomis Sayles' Matt Eagan takes our credit quiz

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

Varagon hires senior business development official from Invesco
Mid market lender Varagon Capital Partners has hired a managing director in the firm’s business development and investor relations team

First Eagle swoops for Prospect CLO portfolio manager
First Eagle has hired a former Prospect Capital Management CLO portfolio manager for its alternative credit business in New York

Allen & Overy hires two leveraged finance partners from White & Case in New York
Allen & Overy has hired two structured finance partners in its New York office

Blackstone CLO origination head relocates to London
Blackstone’s global head of capital formation liquid credit has relocated from New York to London

US CLO structurer joins HPS
The destination of a CLO originator who left her job last month has come to light

Carlyle hires head of credit investor relations in New York
Carlyle Group has hired an ex-Pretium official to lead investor relations for its credit platform

CLO investor lands at Everest Re after short spell at Kuvare
An experienced CLO investor - and ex-rocket scientist that landed the Phoenix Mars Lander on Mars - has landed at insurance firm Everest Re

New faces revive old partnership as Z Capital launches triple C-flex CLO
A US CLO is set to market a revival for both manager and arranger with Amherst Pierpont and Z Capital Partners joining forces once again on a triple C-flex deal

European CLO trader resurfaces at Natixis
Natixis has hired a European CLO and ABS trader to its team

BofA hires US CLO structurer from JP Morgan
Bank of America has hired a former JP Morgan official to its US CLO structuring team

Morgan Stanley IM hires MD to private credit and equity team
Morgan Stanley Investment Management has hired a Los-Angeles based official to its private credit and equity team