Investcorp agreed to acquire Marble Point Credit Management, a U.S.-based CLO manager. With $7.8 billion of assets under management, Marble Point is a specialist asset manager focused exclusively on managing CLOs and portfolios of broadly syndicated leveraged loans.
Eagle Point Credit Management appointed Karan Chabba as head of ABS, MBS, SRT and specialty finance. Chabba will be responsible for managing portfolios of credit investments. He will also source, diligence and monitor bespoke lending opportunities.
Eagle Point Credit Management appointed Nate Morse head corporate trader. Morse has more than 20 years of industry experience. Prior to joining Eagle Point Credit Management, he spent five years as a credit trader at Aristeia Capital.
Eagle Point Credit Management added Seth Weinstein to the firm as a director of business development. Weinstein most recently served as senior vice president of business development at CQS, a credit-focused multi-strategy asset manager.