2020 wrap: CLO funds bloom despite rocky ground
2020 was a busy year for CLO fundraising, with Creditflux recording at least 30 funds that launched over the 12 months to invest across the CLO capital structure

Global CLO b-wic round-up: junior tranches trade above par as US volumes reach $45bn
A busy week of over $1.4 billion of US CLO secondary bonds and €290 million of European CLO paper gave light to CLO spreads across the capital structure continuing their push towards pre-covid levels

Five-year reinvestment CLOs now market standard after Kayne prices
Kayne Anderson has priced its second CLO post-covid and continued the market's decisive shift towards five year reinvestment periods

CLO pipeline: deal flow slows ahead of US election
Only two forthcoming new issue US CLOs have been added to the pipeline this week as the election slowdown hits credit markets. This comes after eight new issue US CLOs and five European CLOs have priced over the last ten days during the pre-election rush

Post hires head of sales and marketing in Los Angeles
Post Advisory Group has hired Eileen Mancera as managing director and head of sales and marketing

Kayne Anderson prices $293 million new CLO via JP Morgan
Kayne Anderson today completed its second new issue CLO of 2020 and its first amid the pandemic

CLO pipeline: Managers prepare to build on momentum in July
The demand for new issue CLO paper is strengthening with eight US CLOs, one mid market CLO and three European CLOs preparing to print in the coming days

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

Kayne Anderson CLO trades high as double A investors factor in portfolio health
Demand for high quality mezzanine US CLO paper is picking up, according to trader sources, with the most sought after single As trading at about 425 basis points and the best triple Bs trading at 670bp towards the end of last week

US CLO league tables: $2 billion reissue fires Apollo and JP Morgan to top spots
Apollo Global Management and JP Morgan teamed up to price the largest CLO of the 2.0 era in February that helped propel both to the top of the US CLO and global CLO league tables

Kayne Anderson prices US CLO in line with experienced issuer as triple As tighten
Kayne Anderson underlined its position as one of the leading CLO issuers among the new generation of CLO managers, pricing a US CLO on the same day as PGIM

CLO pipeline: new loves kindle as managers finish with old flames
US new issue CLO paper is back on the agenda after a January dominated by refinancings. 14 new deals are in the pipeline, but refis are holding steady with eight of these in the works. CLO refinancings have been the front runners this year, with 22 CLO refis versus 12 new US CLOs. 

Conservative approach pays off as Kayne Anderson issues tight CLO triple Bs
US loan managers that run conservative portfolios are being rewarded in the primary CLO market with tighter junior debt financing

US university backs Kayne's mid market fund
The University of Michigan Regents has committed $25 million to  mid market fund with a flexible remit 

CLO managers went to CCC, to see what they could CCC…

Kayne Anderson targets direct lending and liquid credit mix for new fund
Kayne Anderson is looking to launch a closed-ended fund focused on direct lending, liquid credit and energy and infrastructure equity investments

CarVal and JP Morgan team up for third new CLO in just over a year
CarVal CLO management priced its third new issue US CLO in 13 months yesterday, according to market sources. 

Kayne Anderson prices new issue CLO as spreads tighten dramatically
Kayne Anderson has priced its fifth CLO overall, and third this year

Global CLO round-up: 15 months to one month - managers set their own pace
Three new US CLOs priced this week courtesy of; Seix Advisors, via BNP Paribas; Kayne Anderson, via Goldman Sachs; and Steele Creek, via RBC. In Europe, Oaktree Capital Management paired with Barclays to price Arbour CLO VI.

Kayne Anderson prices fourth CLO just one month after pricing third
Kayne Anderson yesterday became the fourth manager to price a second new issue US CLO this year, having worked with Goldman Sachs to issue Kayne CLO 4

Kayne Anderson markets its fourth CLO just weeks after pricing its third
Kayne Anderson is marketing its fourth new CLO

Kayne Anderson prices its third CLO as triple As hit 148bp
Kayne Anderson Capital Advisors has priced its third new issue CLO, pricing the deal in line with other smaller CLO managers that have recently debuted

Price talk suggests Kayne Anderson CLO to print in line with other new managers
Price talk for Kayne CLO III points to a 148 basis points area print on the triple As, which puts the deal in the region of other managers that priced their first deals in 2018

US CLO round-up: Anchorage keeps primary open as debutants and newcomers fill pipeline
Anchorage Capital shored up the CLO market this week against an untroubled horizon as the sole manager to price a new issue, while TCI Capital Management priced the first refinancing of the year as Creditflux went to press.

Kayne Anderson becomes 2018's first debut CLO manager to double up
Kayne Anderson has become the first of 2018’s debut managers to price a second new issue CLO