New York pension fund allocates $400 million to two private debt funds
New York State Common Retirement Fund has awarded $400 million to two private debt managers: GSO and Vista Equity Partners, Creditflux has learned

Global CLO giant gains tight pricing on US refi
The manager became the first to price a seventh transaction in the CLO market this year

Global CLO giant prices its fourth new CLO of 2018
The manager has priced its fourth new issue CLO of the year, and brought its US volumes to $2.61 billion

GSO launches new energy fund and picks up $75 million from US pension
The GSO Energy Select Opportunities Fund II is understood to be targeting $5 billion and has already been chosen by a Louisiana pension fund for a $75 million commitment

KKR and FS Investment close $18 billion BDC platform deal
New York-based KKR and Philadelphia-headquartered FS investments yesterday closed their deal to create the market's largest BDC platform

GSO prices its first CLO reset of the year
GSO has priced its first CLO reset of 2018, restructuring a 2013 vintage deal

GSO raises $7 billion for third stressed/distressed fund
GSO Capital Partners on Thursday announced the final closing of GSO Capital Solutions Fund III at its hard cap of $7 billion

US league tables: managers move on from refis to price record $37.5bn of new CLOs
US CLO managers have been looking to build AUM this year, which is a turnaround from 12 months back when CLO refinancings dominated proceedings

Tastes change in secondary trading
Our analysis of the secondary market shows that, since 2013, appetite for CLOs run by tier one managers persists through market dips and rallies.

GSO prepares fourth CLO of the year
GSO Partners is aiming to become the first manager to issue four new CLOs in 2018

Texas pension fund approves two new CLO manager mandates
The Texas Municipal Retirement System has approved the appointment of GSO Capital Partners LP and Octagon Credit Investors as CLO managers on its non-core fixed income strategy

Strengthen CDS definitions to stop engineered defaults, say lawyers
The likelihood of stamping out manipulation in the credit default swaps market – namely the practice of staging credit events – is remote, say market sources

US CLO round-up: Despite big freeze, market issues a cool $4.6 billion of paper
CLO managers are snowed under in yet another busy week for the US market. This week, managers have priced deals with a wide range of leverage ratios

CLO manager cooks up fresh billion-dollar CLO with two more in the oven
The manager teamed up with Morgan Stanley to price its second billion-dollar CLO of the year

International CLO juggernaut markets second billion-dollar CLO of 2018
The manager is marketing its second billion-dollar-plus CLO of the year via Morgan Stanley

Blackstone names new president and COO
Global asset manager Blackstone has named Jon Gray, the firm's current global head of real estate, president and chief operating officer

Marble Point lists CLO equity fund on London Stock Exchange
Marble Point Capital Managment has completed an IPO for its new listed fund named Marble Point Loan Financing

Blackstone's credit AUM up 48% YoY as firm announces "exceptional" results
The firm's credit business enjoyed composite gross returns of 11.2% for performing credit and 7.7% for distressed strategies in 2017

US CLO round-up: who's going to be first to break 100bp?
US CLO spreads continue to rally and the question on everyone’s lips right now is: “when [not if] will triple As dip below 100 basis points?”

Goldman Sachs prices $1 billion CLO for giant US manager
GS plus GSO equals $1 billion CLO

Angelo Gordon hires new global distressed debt head from GSO
New York-based Angelo, Gordon & Co has appointed Ryan Mollett as global head of distressed debt 

Global CLO giant markets its third billion dollar-plus deal in the last 12 months
The $1.02 billion CLO is expected to price next week via Goldman Sachs, according to market sources

CEO of Blackstone's hedge fund solution platform steps aside
Blackstone has announced that J Tomilson Hill, president and chief executive officer of Blackstone Alternative Asset Management (BAAM), will be transitioning to a new role as chairman of BAAM

US league tables: CBAM tops US CLO rankings after meteoric rise
Just over a year ago, New York-based CBAM Partners commenced operations amid much fanfare. Fast forward 12 months and the asset manager has delivered on its promise, with Creditflux data showing that the firm was the largest CLO issuer of 2017

Blackstone taps Australia's mortgage loan market with new acquisition
New York-based Blackstone is tapping into Australia’s lucrative mortgage loan market by acquiring an 80% stake in direct lending company La Trobe Financial