UMB lifts 13 trust and agency services associates from Wilmington Trust
The hires mark the second time in less than a year that UMB has poached Wilmington Trust employees

Millenium-backed Lane42 launches public-private credit strategy
The new firm also made a series of senior hires that previously worked at Apollo, Oaktree Citadel, Oak Hill, and Kirkland

Former Platinum Credit MD joins multi-manager platform Schonfeld
Jordan Stevens previously served as a senior credit deal lead for Platinum Equity’s private credit platform

Cleary hires Goldman Sachs MD for capital solutions, private credit
The law firm welcomed back the partner to focus on private credit originations

Credit funds at a glance – April 2025
Our roundup of top performers and moves in credit

Former Barclays CLO head John Clements joins MUFG
The Japanese bank has appointed him as their head of CLOs, based in New York

Canadian manager SAF launches private ABF strategy with hire from RBC
The new managing director spent 20 years working at RBC Capital Markets

A&O Shearman exits continue with two partners jumping to Proskauer
Leveraged finance partners Alexandra de Padua and Frank Oliver join Proskauer’s global finance practice in New York

Crescent taps Jason Breaux for head of private credit
Breaux will also continue to serve as CEO of Crescent Capital’s business development fund

Sidley poaches nine US finance lawyers from A&O Shearman including bulk of CLO expertise
The moves leave A&O Shearman with a significantly diminished slate of CLO prowess 

Squire Patton Boggs boosts funds capabilities with recruitment of fund formation specialist
Cassandra W. Borchers has joined the firm as a partner from Thompson Hine

Schulte Roth & Zabel strengthens its CLO expertise with new hire
The firm has recruited Joseph Gambino from Linklaters to join its finance practice in New York

ABF specialist Balbec names new CEO
Peter Troisi to take the helm as Charles Rusbasan transitions to an executive chairman role

Siepe hires two from US Bank to boost CLO, private credit tools
The software and technology service provider for CLO and private credit managers is expanding its team

26North hires direct lending MD from H.I.G. Capital
The new managing director previously spent more than 3 years working for H.I.G. Capital

Squire Patton Boggs hires global head of private credit and direct lending
The newly created position is being filled by a former partner at Polsinelli

Maryland pension PM joins Nomura’s public-private credit manager
The company is also looking to hire two more investment professionals

Ballast Rock enters private credit market with new hire
The Charleston-based investment management firm has hired a private credit portfolio manager

Steven Cohen's Point72 makes private credit hires from Linden and Carlyle
EXCLUSIVE: The hedge fund has hired Linden Partners’ co-head of the structured capital fund for the new private credit team, also hired a principal from Carlyle

Bayview launches fund finance unit with new hires from 17Captial and JPMorgan
The asset manager has hired Michael Timms and Colin Doherty to co-head new strategy
   

PGIM Fixed Income poaches Blackstone exec for private ABF effort
The firm is building a dedicated asset-based finance platform

Dechert adds Paul Hastings partner to bolster private credit, CLO biz
Brian Whaley will bring his experience in private credit, securitization and structured products to the global finance group

Paul Hastings adds CLO specialist lawyer from DLA Piper
John F. Murphy III has moved to join the structured credit practice at Paul Hastings from DLA Piper where he was a partner  

Andalusian Credit hires CFO replacement from Hercules Capital
The firm also made a hire to help source deals in the entertainment and media sector

Clifford Chance adds Mayer Brown partner to meet CLO demand
The law firm is expanding its CLO capabilities in the US to meet a growing demand in the market