Past returns: drawing crowds is not easy for bond trading platforms
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Join the debate: CLO ramp-up failings
“There is one manager out there that has got away with this behaviour for several years. The ‘fight back’ from investors is overdue”

Points up front: the biggest leaving do of the year
Key players from across the CLO industry gathered to bid farewell to Alcentra’s Hiram Hamilton, who is swapping London for New York. 

CLO boom encourages new ideas
Volumes are up, spreads are down and risk retention is a doddle. That must mean it’s time to push the boat out and innovate

Spotlight: Local exchange carriers - calling for rescue on the M&A hotline
Growth-starved US phone companies are seeing consolidation as the best way to improve performance

Leading fund: Lupus Alpha CLO Opportunity Notes I
Single-B CLO trades boost Lupus Alpha asset Management

German direct lending will grow for two decades
Patrimonium’s Daniel Heine takes our credit quiz

Fund platform AMX eyeballs credit funds
Willis Towers Watson’s hedge fund platform has grown to $1.5 billion – and there is space for credit managers  

Oaktree finds space for structured credit in new global credit fund
Oaktree Capital Management has shed some light on its eagerly-awaited push into the structured credit market

Investcorp resets CLO, which was Europe's first Volcker-compliant deal
Back in 2014 Investcorp Credit Management (then known as 3i Debt Management) priced Europe's first US-friendly 2.0 CLO, answering the call as market participants asked: "When will there be a Harvest for the world?" The manager has now reset that groundbreaking Harvest IX CLO

Insurance capital drives ‘floorless’ euro CLOs
CLO notes without Euribor floors at zero are becoming a recurring theme, but these out-of-the-money positions are not designed to take a view on rates, sources say 

CSAM scores rare double-digit final return for pre-crisis euro CLO
Credit Suisse Asset Management yesterday completed its first redemption of a European CLO, a rare deal that has made uninterrupted distributions to equity since before the crisis

Brigade cruises into Europe with debut Armada CLO
Brigade is the 40th manager to price a 2.0 European CLO after pricing Armada Euro CLO. 

Manager maintains 100% refi record as it updates 2015 euro CLO
A large CLO manager continues to favour refis over resets after completing a €330 million deal yesterday

Cheyne hires former BlueBay official Robertson to lead new credit unit
Cheyne is targeting below investment grade credit and has hired the former global head of leveraged finance at BlueBay to lead a newly-assembled team of three

KKR Credit's upcoming direct lending fund surpasses $600 million
Fundraising for direct lending strategies is firmly on the agenda at KKR

European CLO manager wastes no time in directing reset
Morgan Stanley has reset a European CLO, with new triple-A notes pricing at 90bp

Dublin-based manager looks to reset third CLO of 2017
The manager is working with Goldman Sachs to arrange the reset, and is seeking to upsize the deal's debt trances to €373.5 million

Axa IM global loan fund tops €1 billion in AUM
Axa Investment Managers has announced that its Axa IM Loan Fund has hit €1 billion in size.

Pemberton promotes new hire to fill UK origination gap, reports Debtwire
Debtwire has reported that a loan origination partner has left London-based direct lending manager Pemberton and plans to join a family office within the next few months

GSO Capital looks to price its fifth euro refi of 2017
GSO Capital aims to refinance €243 million of a 2015 European CLO

CDPQ joins the private credit rush with senior hire in New York
O Canada - you're quickly becoming home of the private credit market. We list the key people flows over the last two years as pension funds in North America become ingrained in private credit

Debtwire European ABS round-up: pipeline fills with Dutch ABS and RMBS
A range of niche securitisations are in the European ABS pipeline, according to a report by Debtwire, Creditflux’s sister publication

BlueBay closes senior-only European debt fund at €3 billion
BlueBay Asset Management has announced that it is held a final close on a €3 billion European direct lending fund

CLO round-up: market participants welcome back returning CLO managers
CLO managers returning to the market after a period of absence has been the main story of the last week.