DoubleLine adds co-portfolio manager to bond fund
DoubleLine Capital has added founder Ken Shinoda as co-portfolio manager of the DoubleLine Total Return Bond Fund

Fed settles one third of small business loans in latest talf funding round
Of the $453.2 million small business loans requested in the 21 July subscription, only $152 million settled

Fed extends emergency relief programmes to 31 December
The Federal Reserve has announced that its lending facilities announced in response to the coronavirus pandemic have been extended until 31 December

LP round up: Oregon eyes $1.8 billion into structured credit
Institutional investors have earmarked over $6 billion to credit funds over the past two weeks

UK pension seeks managers for £1.5 billion multi-asset credit fund
Brunel Pension Partnership is looking for asset managers to oversee a £1.5 billion ($1.9 billion) multi-asset credit fund

Swedish fund nears public listing after big gains on CLO and tranche trades
Stockholm-based Ymer SC is moving forward with plans to list its structured credit fund on the Nordic Growth Market exchange in Sweden

KKR closes CMBS risk retention fund at $950 million
KKR has held a $950 million final close on its risk retention real estate debt fund, KKR Real Estate Credit Opportunity Partners II

Fed gets $723.1 million of talf requests in second round of funding
Small businesses and CMBS dominated the second round of term asset backed loan funding, as the New York Federal Reserve received $723.1 million worth of requests from issuers to tap into the financial rescue loans

Newcomer wins Creditflux Manager of the Year award in virtual event
Last night Creditflux presented its first ever virtual hosting of our annual Manager Awards, with over 450 people tuning in live to see the winners announced

Whitebox targets $400 million for structured credit fund
Whitebox Advisors is looking to raise $400 million for its latest structured credit fund, Whitebox Advisors Term Credit Fund III, according to market sources

Canyon launches structured credit opportunities fund
Canyon Partners has amassed $113 million for its Canyon Structured Credit Opportunity Fund

Credit Rendezvous: record fiscal stimulus provides pick-me-up
Credit markets had a mini bounce-back in the second quarter as central banks poured cash into the economy. But there is great uncertainty about the effects of a second wave of coronavirus. As part of our quarterly report on credit - the Credit Rendezvous - Creditflux spoke to experts across 12 segments of the credit market

Creditflux announces finalists for Manager of the Year award
Ahead of the virtual awards ceremony on 15 July Creditflux is thrilled to announce the four finalists for the prestigious Manager of the Year category.

SkyBridge generates best returns since inception with 75% credit exposure
SkyBridge Capital, the fund of hedge funds manager run by ex-White House communications director Anthony Scaramucci, claims its Skybridge G II Fund has generated the best monthly and quarterly returns since inception. It will also cut its 25% tender offer frequency from quarterly to semi-annual

Palmer Square eyes talf-eligible CLO after Fed clarification
Palmer Square Capital Management is said to be exploring its options for issuing a term ABS loan facility (talf) eligible static CLO

Fund performance: CLO funds keep up the momentum for second month running
May returns have been led by continued momentum from CLO funds. In the last month, funds that invest in CLO notes in some capacity have made up 90% of our top 10, while 97% of funds listed generated positive returns - an improvement of 15% on last month's figures.

Credit funds at a glance (July 2020)
A round-up of fundraising and people moves

Ucits at a glance: Ucits recover lost ground
The foot has come off the gas for many funds - 57% of funds did not break the 2% return barrier.

Index tranche volumes go into overdrive as CSOs stall
CDS index tranche trading has gathered pace during the coronavirus pandemic, putting the asset class on course for a post-2008 crisis record.

Canadian pension Imco outlines two-year $6 billion credit plans
The Investment Management Corporation of Ontario (Imco) has a range of credit strategies in its sights as it seeks to deploy $6 billion in the next two years as part of the build out of a global credit platform, according to officials at the company

Managers raise billions to take advantage of talf opportunities
Aegon, Payden & Rygel, Invesco, Morgan Stanley IM, Voya and Palmer Square are just some of the latest managers to have raised funds dedicated to the strategy 

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

LP round-up: Champaign pension raises a glass (or bucket) to private credit
Institutional investors allocated over $600 million to 11 managers this week, according to board documentation seen by Creditflux

Talf fundraising picks up ahead of today's launch
Credit managers are racing to raise capital for term asset backed loan funds, as the launch date for the US talf programme begins today

LP round-up: mighty Oaks win $1 billion apiece from Calpers
Credit investors allocated over $3 billion to 18 credit managers this week across a wide range of strategies