BNP Paribas hires to its ABS syndicate team in London
Credit sales specialist reunites with former colleagues ahead of a move to BNP Paribas

Regulators delay implementation of STS rules
Regulators in Europe have opted to take a slow and steady approach to implementing new simple, transparent and standardised (STS) and revamped risk retention rules.

Beechbrook UK fund hits 51% deployment mark
Beechbrook Capital’s UK direct lending fund is now 51% invested with the London-based manager noting that it has now deployed £77 million ($98 million) from its UK SME Credit I fund

ECM to run new €100 million investment grade credit fund
Wells Fargo Asset Management says that it has raised a new investment grade credit fund which will be managed by its ECM Asset Management unit

Carlyle matches tightest European triple-A CLO print since the crisis
Senior CLO notes price at 83bp in Carlyle's new European CLO, matching GSO's Clontarf Park CLO earlier this month

Alcentra cuts coupon on senior notes by 29bp in 2014 euro CLO refi
Market sources say that Alcentra has refinanced €451.3 million worth of debt in Jubilee CLO 2014-XIV. The deal sees the class A notes effectively paying investors 65 basis points

Bank of Ireland promotes loan syndications head after recent departure
Bank of Ireland has promoted an 11-year veteran after losing its head of leveraged acquisition finance to Bridgepoint recently

Permira holds final close on direct lending fund after attracting new investors
Over half the investors in Permira's new direct lending fund are new relationships with manager revealing that PCS 3 has reached €2.1 billion including leverage

PGIM hires credit trader for its European high yield business
PGIM is understood to have hired a credit trader from a leading sell-side firm for its high yield debt business in London

Investcorp resets 2015 CLO in a quiet week for Europe
In an otherwise quiet week for the European CLO primary market, Investcorp Credit Management priced a reset of its 2015 deal Harvest XI on Wednesday

Investcorp prices its "first" US CLO
The Bahrain-based firm has priced its first CLO since acquiring 3i’s debt management division in 2016

CVC Credit adds loan for European mid-market business
CVC Credit Partners has added a term loan to a UK caravan maker as part of its European private debt business

Helsinki-based private credit specialist Certior Capital announces hire
Helsinki-based private credit and equity fund-of-fund manager Certior Capital has announced that it has brought on board Olli Heinilä as an investment director and says it is looking to make further hires

GoldenTree squares up for huge credit interval fund launch
GoldenTree Asset Management has partnered with a retail distribution giant on the latest example of a credit interval fund, according to SEC filings

BlackRock hires experienced analyst from Onex Credit
BlackRock has hired an experienced credit analyst in London, officials at the company confirm

US Treasury proposals could breathe new life into CLO market-making
The US Treasury Department yesterday proposed a dramatic paring back of the Dodd-Frank Act, but made no mention of changing the risk retention rules in relation to CLOs

JP Morgan Asset Management hires distressed credit trading duo
Two JP Morgan distressed credit specialists who left a year ago for a rumoured move to the buy side have turned up on the buy side – back at JP Morgan

Loan b-wic suggests liquidation of 2007 European CLO
A loan portfolio circulating in the secondary market this week may represent the liquidation of a 2007 European CLO, based on analysis of its holdings

Investors call time on Investcorp's 2006 European CLO
Investcorp Credit Management has redeemed the third European CLO the team launched when they were part of Mizuho in April 2006

Direct lender Kartesia hires from JP Morgan and Goldman Sachs
Direct lender Kartesia has announced that it has hired two associates in London and an analyst for its office in Brussels

Scio liquidates structured credit fund after posting 11.5% returns
London-based structured credit specialist manager Scio Capital has announced that is liquidating one of its funds and returning capital to investors

Citi adds to high yield sales team in London
Citi has announced that it has hired high yield sales specialist Richard Caldwell in London

Banco Popular becomes first credit to trigger new-style CDS
Isda’s credit determinations committee ruled on Friday that Spain’s Banco Popular has triggered a “government intervention” credit event on its credit default swaps

CLO round-up: volumes spike as secondary market bursts into life
Junior CLO spreads are tightening in the secondary market amid an uptick in volumes. The primary market has not been slow this week either as CBAM launches a $1.25 billion and three other CLOs price on Friday

Market participants strike bullish tone on STS regulation
IMN’s Global ABS Conference in Barcelona came to a close yesterday and one of the main talking points for the ABS market was the successful resolution to disputes between the market and the European parliament over STS (simple, transparent and standardised) legislation