Guggenheim alums to head new Hoplon-backed private ABS shop
The new platform just finished a USD 1.35bn IG securitization of internet identity service assets

Panagram CLO team leaves to launch new PE-backed credit fund
John Kim has resurfaced to launch a new credit manager, and has taken his old team from Panagram with him

Australian brokerage launches private credit division and first debt fund
A new firm, spun-off of a commercial finance brokerage, has launched a direct lending fund to invest in property-backed Australian SMEs

Former Wells Fargo exec launches investment bank to print "social CLOs"
A former executive at Wells Fargo has launched an investment bank hoping to use CLO technology to attract capital to small businesses and non-profits in the US

Octaura launches loan market's 'first comprehensive trading platform'
Octaura, the fintech startup offering electronic trading for loans and CLOs, today announced the launch of its comprehensive syndicated loan trading platform that it says is the first on offer for the market

Insurer launches US CLO management subsidiary
Former SLC Management and American Capital official Mark Pelletier will lead the new business, which among other plans, will look to launch US CLOs and ‘other fund vehicles backed by broadly syndicated leveraged loans'

Apollo launches Atlas to shoulder assets from Credit Suisse unit
Apollo Global Management’s acquisition of Credit Suisse’s securitised products group has reached a milestone with the launch of a standalone business known as Atlas SP Partners

Canadian bank moves into US CLOs after Natixis raid
The destination of the four senior members of Natixis's CLO team has been revealed

Octaura's first fully electronic syndicated loans trade

CLO fintech Octaura hires veteran as chief operating and financial officer
Octaura, a new fintech company that offers electronic trading of leveraged loans and CLOs, has hired Jason Cohen as chief operating officer and chief financial officer effective immediately

Apollo co-founder Harris launches $5 billion firm
Apollo co-founder Josh Harris announced the launch of a new $5 billion asset management firm on Friday named 26North Partners, which will invest across private equity, credit and insurance solutions

Ex-American Capital duo launch US direct lending business
Altimer Capital will provide financing to lower middle market companies that ‘provide or deploy technology to drive business agility and resilience

The Last Tranche with New Mountain's Moshiri: New CLO managers may increase risk if they do not have stable equity capital
In this episode of the Last Tranche, New Mountain Capital's Cyrus Moshiri discusses the process of new firms entering into CLO management. Moshiri discusses whether an increase in new managers or consolidation is more likely, and how investors can analyse opportunities presented by upstart platforms

Euro CLO newcomer Albacore strikes inside 100bp with triple As
AlbaCore Capital has brought its third European CLO to market, pricing triple As inside the 100bp price band

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  

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

Two senior CQS officials launch European distressed debt firm
Two senior CQS officials have launched their own boutique distressed debt firm, named Broadstone Credit Partners

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

Robots rise for credit ratings
A fintech platform is launching this month that aims to use artificial intelligence to democratise credit ratings.

GSO co-founder Bennett launches minority GP-stake business
GSO Capital Partners co-founder Bennett Goodman (the “G” in GSO) has teamed with Mike Arpey, Avshalom Kalichstein and Rex Chung to launch a new GP stakes investing business

Former Ares partners put ESG and tech at centre of new CLO business
Three former Ares Management partners have established a CLO business with plans to launch a first US CLO early next year

Former GoldenTree high-flyers launch structured credit firm in Los Angeles
A former GoldenTree senior portfolio manager and business development specialist have launched an asset manager that will invest across an array of structured credit, including CLOs, synthetics and private transactions

Ex-Fortress official launches $1.5 billion litigation finance firm with Tetragon backing
The new business is backed by Tetragon’s TFG Asset Management, which will receive a minority equity interest, while Fortress has entered into co-investment agreements with the newly launched firm 

Ex Apollo veteran launches mid market firm with $350 million seed capital
A credit veteran, perhaps best known for co-founding Apollo's CLO platforn, has set up a new middle market credit firm named FrontWell Capital Partners. The Toronto-headquartered firm starts operations with seed capital of $350 million

LibreMax's former corporate credit head sets up distressed debt firm
The former head of orporate credit at LibreMax Capital is preparing to launch a new distressed debt firm after securing an anchor investment