Opportunistic credit

Marathon Asset Management welcomed Alex Howell as a senior managing director and head of European Alternative Credit. He spent over 10 years at Blackstone Credit and GSO Capital.

Davidson Kempner Capital Management closed its sixth opportunistic/special situations fund at $3 billion. Overseen by Executive Managing Member and Chief Investment Officer Tony Yoseloff and Managing Member of Global Credit Conor Bastable, the Davidson Kempner Opportunities Fund VI invests in ...

The $7.1 billion Ventura County Employees' Retirement Association (VCERA) added two more alternative investment funds to its stable, Chief Investment Officer Dan Gallagher confirmed.

London-based LCM Partners closed its Credit Opportunities 4 Strategy with €4.1 billion ($4.5 billion) in commitments across commingled funds together with several separately managed accounts. Officials said that 23 limited partners committed to the strategy and include pension plans, sovereign ...

Raphael Schorr of HighVista Strategies discusses how the firm's private credit business is stepping in where banks have stepped out, among other recent trends.

The Massachusetts Water Resource Authority Retirement System is now collecting proposals for a $15 million mandate focused on opportunistic credit.

Vӓrde Partners alums Jason Spaeth, Jeff Thuringer and Chris Giles have now closed the inaugural fund for Hyland Hill Investment Partners at $250 million. Hyland Hill Fund I follows a flexible, opportunistic mandate and rigorous investment process that will allow ...

Belstar Management announced the launch of the Belstar Credit Opportunities Fund, which will invest across liquid and private credit opportunities, including both corporate and structured credit assets globally.

Caroline Lovelace joined outsourced CIO firm Appomattox Advisory as chief operating officer, bringing extensive experience in the multi-asset/multi-manager private equity and alternative investment industry.

The board of Washington State's Spokane Employees Retirement System (SERS) approved a $6 million commitment to Morrison Street VII at its Nov. 2 meeting.