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						Gapstow expects strategic deals as credit manager M&A volume slumps to $120 billion 3 years ago
 M&A volume involving credit asset managers dropped last year with total target value assets under management slumping to $120 billion from $149 billion in 2020 (and $254 billion in 2019), according to Gapstow Capital Partners
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						German convergence as travel co surges inside troubled real estate firm 4 years ago
 Amid rocky markets there has been a tale of two diverging credits in the European high yield market on Wednesday, with two of the riskiest names passing each other on sharp convergent moves
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						Jump-to-default risk collapses after Senate backs biggest ever US relief package 5 years ago
 The US Senate's agreement of a record $2 trillion stimulus package is shaking jump-to-default risk from high yield corporate credit today, with some iTraxx Crossover constituents shedding over 1,000bp from the front end of their CDS curves
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						Credit reels back to January 2019 levels as coronavirus impact spreads 5 years ago
 A more positive opening for European credit today proved short-lived, as coronavirus developments caused the market to reverse its modest improvement early on to careen back to some of the widest levels in over a year
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