Investcorp draws up plans for dual risk retention-compliant CLOs
Investcorp Credit Management has recently issued its first European CLO following the sale of the business, formerly known as 3i Debt Management (or 3iDM), to Investcorp and the deal looks like being the first of a number of dual risk retention-compliant offerings from the manager

Europe’s direct lenders edge closer to CLOs
Direct lenders are increasingly adding leverage to their funds, creating a slow evolution from direct lending funds into quasi middle-market CLOs

Veteran Natixis team plans next euro CLO 10 years after last deal
More than a decade after issuing its last deal, Natixis Asset Management is understood to be planning a return to European CLO management.

Credit managers morph into eco-warriors as ESG demand escalates
Credit market participants are watching their carbon footprint with green and ethical investing being all the rage

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Top credit trader returns to Caxton
A high profile credit trader is rejoining Caxton to lead its European credit unit 

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February

Past returns: early risk retainers
Five years ago in Creditflux we reported on JP Morgan shutting down its special situations prop trading desk in London

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

How the credit blockchain revolution was lost
It’s Thursday morning a couple of years in the future and smart trading is about to go live

Fitch rating outlook: CLO managers enter the matrix to adjust recoveries
CLO managers have taken the red pill to adjust the WARR component of their CLO matrix

Ares prices triple-A notes at 85bp in €362.5 million CLO reset
Ares Management is understood to have priced a European CLO reset late yesterday

Onex prices debut deal to become Europe's 34th active CLO manager
Onex Credit Partners priced its debut European CLO yesterday, according to market sources

Hedge fund manager adds ex-Commerzbank high yield trader to its team
Expanding hedge fund manager Redhedge has hired an experienced high yield credit trader to its offices in London

British Business Bank joins forces with Start Up Loans Company
The British Business Bank and the Start Up Loans Company are set to merge, according to a joint-statement issued yesterday. The former has supported a number of UK direct lending funds

Citi promotes a familiar face to head European credit structuring
Citi has promoted a long-time Citi staffer to the role of head of credit structuring for the Europe, mid East and Africa region

Five year reinvestment periods come to Europe as Morgan Stanley resets CLO
Morgan Stanley priced the first five-year reinvestment CLO in Europe since the financial crisis earlier today, according to market sources

Onex edges closer to printing its debut European CLO
The wait is almost over for Onex Credit Partners with sources reporting that the firm is close to pricing its first European CLO

Active trader Halcyon secures tight print as it resets 2014 European CLO
Halcyon Loan Advisors has reset its 2014 European CLO in a €313.85 million transaction

Price talk circulates for refi of Spire's debut European CLO
Senior CLO spreads in Europe could be about to edge into the low 70s with Spire Partners looking to refinance its debut CLO,