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

First Eagle completes deal to buy NewStar
New York-based First Eagle Investment Management has completed its previously announced acquisition of Boston-based direct lending specialist NewStar Financial

GSO changes tack and prices CLO reset
Wells Fargo priced two CLO reset deals yesterday – increasing its annual reset volumes by 82%, according to market sources

FS and GSO end subadvisory partnership amid new launch plans for both
GSO Capital Partners has announced plans to launch an internal direct lending business and to stop subadvising FS Investments’ funds, while FS has agreed to form new partnerships with KKR and EIG Global Energy Partners to manage FS's BDC platform

GSO lays claim to the tightest US CLO print in a decade
Blackstone's credit arm has produced a US CLO with some of the tightest prints since the financial crisis

BDC reports $25.3 million increase in AUM
FS Investment Corporation (FSIC) has cited the “very competitive” nature of the credit market during its third quarter 2017 earnings release

New York-based manager's distressed debt fund raised $4.7 billion in Q3
Blackstone's credit arm, GSO Capital Partners, raised $4.7 billion for its distressed flagship fund during third quarter 2017

Mid-market lender NewStar agrees to sell itself for more than $500 million
New York-based asset manager First Eagle Investment Management announced this morning that it plans to buy mid-market loan specialist NewStar Financial

Credit giant prices $1 billion CLO with Morgan Stanley
The largest CLO manager in the industry has just added another $1 billion to its AUM

Texas fund poised to invest in upcoming GSO distressed debt strategy
An El Paso pension fund is set to invest $8.5 million in a new GSO Capital Partners vehicle, documents seen by Creditflux reveal