Apollo names successor CEO as Black steps down
The announcement that Leon Black will step down from leading the firm comes on the heels of law firm Dechert’s independent review of his working relationship with convicted sex offender Jeffrey Epstein

Golub promotes CLO specialist and head of direct lending
Golub Capital has promoted its head of structured products and created a vice chair of direct lending position 

Varagon hires new business development MD from Evolution
Varagon Capital Partners has hired a managing director for its business development and investor relations team in New York

Loomis Sayles promotes official to structured credit portfolio manager
The Boston based official will co-manage the Loomis Sayles Investment Grade Securitised Credit strategy with Alessandro Pagani, head of the $30.4 billion mortgage and structured finance team

Alcentra co-CIO for liquid credit set to leave this month
A high profile figure in the US CLO business is leaving Alcentra

Brightwood co-founder launches impact investing firm with backing from Morgan Stanley
Former Brightwood Capital Advisors co-chief executive officer Damien Dwin has launched an impact-driven, minority-owned investment firm

DFG changes name to Vibrant Capital Partners
New York-based CLO manager DFG Investment Advisers has rebranded under Vibrant Capital Partners

Credit funds at a glance (January 2021)
A round-up of fundraising and people moves

HPS managing director joins Ares direct lending team in New York
Ares Management has added to its direct lending team in New York

Sculptor promotes managing director to co-head US CLOs
Sculptor Capital Management has promoted a veteran CLO expert to co-head its team in New York

Key CLO portfolio manager set to leave First Eagle
A key person named in three legacy THL Credit CLOs, which First Eagle manages following its acquisition, is set to depart in January after 16 years' service at the firm 

KKR promotes three in credit team to managing director
KKR has unveiled 26 promotions globally to managing director, including three in credit

Mariner spin-out hires private debt specialist as CIO
Newmarket, which focuses on environmental and social themes, has appointed a CIO from a consultancy firm

Citadel PM joins hedge fund manager as global head of credit
A Citadel portfolio manager and former BlueMountain Capital Management partner has taken a top credit role at a fund manager

Wingspire taps Garrison managing director for head of underwriting
Wingspire Capital has hired an ex-Garrison Investment Group official as managing director and national head of underwriting

Law firm hires three-person CLO team from Cadwalader in New York
Alston & Bird has hired three officials from Cadwalader Wickersham & Taft to strengthen its structured finance offering

York axes European hedge funds and prioritises long duration assets as co-CIO leaves
York Capital Management has opted to axe its European hedge fund strategies and refocus on alternatives including CLOs amid a string of executive personnel changes

Nassau looks to build in energy and infrastructure debt with big hire
Nassau has hired a managing director with a mandate of building out its energy, infrastructure and ESG debt investment portfolio

Sycamore Tree hires experienced CLO investor in Dallas
Sycamore Tree Capital Partners has underlined its intention of launching a CLO investment strategy by hiring a former co-head of structured debt trading at Bank of America

Owl Rock hires in London for investor relations push
Owl Rock Capital, a New York headquartered manager, has made a senior hire to help build its investor base across the Atlantic 

Ex-Highland officials launch Dallas credit management firm
Former officials at Highland Capital Management - Mark Okada, Jack Yang and Trey Parker - have launched a new credit investment firm in Dallas named Sycamore Tree Capital Partners, with plans to invest in and issue CLOs as part of a focus on traded credit, structured products and special situations

US and European CLO PMs earn promotion as Carlyle's Pace takes on new role
Carlyle Group’s global head of liquid credit has decided to take on a new role as vice chair of global credit, according to an internal memo seen by Creditflux, which will involve investing capital across the Carlyle platform

Brigade and former partner clash over spac plans
Brigade Capital Management is locked in a dispute with a former partner over his ambition to launch a special purpose acquisition company (spac)

GSO to rebrand as Blackstone Credit
GSO Capital Partners, the credit management arm of the Blackstone Group, is set to rebrand itself as Blackstone Credit