Blackstone prices BDC CLO
The past few days have seen a bevy of action in the middle market CLO space – alongside Barings’ double deal and the new Athena II CLO from Blue Owl, Blackstone priced its first offering in the private credit space, with an upsized USD 492.665m transaction.

Blackstone chooses three-year reinvest for latest US CLO
After kicking off November with its Bayswater Park CLO, Blackstone has this week followed up with a new short-dated US offering, the USD 348.8m Hartwick Park CLO

European static CLO market continues to grow as Blackstone deal prices
Blackstone engaged Bank of America to arrange its newest static European CLO, which priced on Thursday valued at EUR 319.1m

Blackstone prices latest US CLO
Blackstone kicked off what promises to be a busy end of the year with the pricing of a USD 500.6m new-issue US CLO arranged by Morgan Stanley

3Q23 manager rankings by AUM
Carlyle Group is now the largest CLO manager in the world, according to the latest update to our rankings of the CLO manager universe published today

Blackstone combines credit and insurance divisions in major reorganisation
The newly-created BXCI unit will be led by Blackstone veteran Gilles Dellaert and aims to grow assets under management to $1 trillion over the next decade.

BNP Paribas and Blackstone make it two refis in 2023
BNP Paribas has refinanced a 2022 vintage US CLO for Blackstone, called Valley Stream Park CLO 

Louisiana retire system commits $100 million to direct lending fund

The Louisiana Teachers’ Retirement System puts $100 million into direct lending fund. 

San Francisco retirement system sets aside $55 million for private credit
San Francisco Employees' Retirement System reserves hundreds of millions of dollars for alternative funds, including private credit

Blackstone closes energy transition fund at over $7.1 billion
Blackstone builds on sustainable credit platform with the final close of a new $7.1 billion green fund 

Blackstone hires sell-side CLO trading head
Blackstone Credit is beefing up its team with a new hire to the liquid credit strategies group. 

Blackstone rethinks captive equity strategy
Blackstone has announced proposals to wind down its existing risk retention vehicle, Blackstone Loan Financing Limited (BGLF).

Blackstone returns to US CLO new issues after seven months
Blackstone Credit priced its first new US CLO in seven months on Friday

CLO rankings: manager AUM, advisory firm and trustees Q1 2023
Two acquisitions close to shake up the top and Dechert takes early lead over Milbank in manager counsel rankings

Blackstone launches rated-note feeder for direct lending strategy
Blackstone has launched a rated feeder fund, which is linked to a direct lending strategy

The Last Tranche with Blackstone's Zable: regional banking volatility could lead to tighter triple A pricing in CLOs
In this episode of the Last Tranche, Robert Zable, global head of Blackstone's liquid credit strategies, discusses the fallout of the regional banking crisis sparked by the collapse of Silicon Valley Bank on the CLO market

CLO market needs a deeper investor base, conference hears
CLOs are toughing through the fallout from this month's banking crisis, but speakers at Creditflux's CLO Investor Summit in New York on Wednesday bemoaned that the market's investor base is lacking depth

Board aims to grant Blackstone fund ability to invest directly in primary CLOs
The board of publicly traded fund Blackstone Loan Financing is proposing to amend its investment policy to allow it to directly invest in primary CLO opportunities, following the results of its shareholder consultation announced today.  Changes to NAV valuation methodology alongside various potential exit opportunities was also discussed.

Calpers allocates $2.5 billion to two large private debt managers
Pension giant Calpers has revealed $2.5 billion allocations to two private debt managers

Starting Clover: Blackstone completes AIG CLO acquisition with rebrand
Covenant CLO Advisors, the investment manager of AIG’s CLOs, has rebranded to Clover CLO Advisors and is now a Blackstone affiliate

Blackstone buys $3.6 billion US CLO manager
An affiliate of Blackstone has entered into a purchase and sale agreement to buy a CLO management business 

Blackstone promotes Marshall to global head of private credit strategies
Blackstone has promoted Brad Marshall to global head of private credit strategies

US CLO league tables: Blackstone and BofA rise above competition in volatile 2022
A tumultuous year in the US CLO market led to total issuance dropping from a record $391.2 billion in 2021 to $134.8 billion in 2022

Global 2022 CLO league tables
Global 2022 CLO league tables

CLO rankings: manager AUM, advisory firm and trustees Q4 2022
As 2022 draws to a close manager consolidation through mergers and acquisitions have been balanced out by new market entrants to leave roughly the same number of managers that entered the year, at least for now.