BNP Paribas moves quickly to restaff London high yield trading business
BNP Paribas has moved quickly to restaff its European high yield trading desk, making two new senior hires for the business last week

Highland shelves plans for format switch as interval funds gather pace
Instead of converting a mutual fund into an interval fund, Highland is looking to launch an interval fund - viewed as a investor-friendly alternative to BDCs - from scratch 

New York judge quashes hedge fund's lawsuit against Muirfield
A hedge fund manager has had its lawsuit against one of its investors, Muirfield Capital Management, dismissed by a supreme court judge in New York

Distressed debt firm Strategic Value Partners hires loan originator
Distressed loan specialist manager brings in loans sales head from Spanish bank in London