Cerberus Capital Management is relocating managing director Rahul Sangwan from London to Mumbai to lead its operations in India, as the alternative investment firm expands its focus on the country’s growing private credit market, according to a report by Bloomberg.

KKR managing director Bing Gu has departed the investment firm after more than four years, marking the latest senior personnel change in Asia’s increasingly competitive private credit market, according to a report by Bloomberg.

Blue Wolf Capital Partners has appointed Anne Bailey as Lead Operating Partner, strengthening its senior leadership team as the private equity firm continues to focus on operational value creation across its healthcare and industrial portfolio.

Biopharma-focused private equity firm Jeito Capital has strengthened its investment team and expanded its UK presence with the appointments of Magdalena Jonikas as partner and Anastasiya Sybirna as principal.

OMERS has appointed Michael Hill as global head of infrastructure and private equity as part of an investment team reshuffle triggered by the departure of chief investment officer Ralph Berg, according to a report by Bloomberg.

Phil Tseng, chief executive officer of BlackRock TCP Capital Corp, is preparing to leave the asset manager following a period of losses at the listed private credit vehicle, according to a report by Bloomberg.