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JPMorgan veteran to replace GSO COO George Fan – exclusive

Paul Kelly joins the credit management behemoth as it is launching its new BDC, Blackstone / GSO Secured Lending Fund.

Varde names two new partners, promotes global head of private debt to deputy CIO

The firm will now have a CIO in North America, Asia-Pacific and Europe.

Hermes hires Spitzkopf to private debt team

Hermes latest hire will expand its expertise in the German loan market as it seeks to grow its business in continental Europe.

Carlyle BDC president to rejoin Morgan Stanley – exclusive

Jeffrey Levin’s duties will be divided among the firm’s other executives.

ICG revamps its mezzanine and equity team for Asia-Pacific

With new hires, the firm’s Asian strategy now includes providing ‘flexible capital’ for management buyouts.

AllianzGI bolsters Munich private debt team with senior hire

The appointment of Adrian Grammerstorf from UniCredit continues the firm’s private debt push into Europe, where it has established bases in Germany and France.

Co-founder Chris Williams officially out at Twin Brook

Key-man clauses were not triggered in the firm’s funds, even though Williams had been in Fund II’s provision.

Carlyle Aviation Partners hires new managing director

Edward O’Byrne joined to lead the firm’s new investment group.

Sagard jumps into healthcare with royalty investment team

The firm has tapped a CPPIB veteran to lead that effort who previously worked with Sagard CIO Adam Vigna.

Refinitiv’s Fran Beyers: ‘Lenders do not have great visibility’ as 2019 approaches

While 2018 was a solid year for private debt managers, the year is ending on a rockier note than it started, leaving question marks in 2019 for credit shops surrounding their portfolios.