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,

BlueMountain splits CLO platform in two after CMV launch
BlueMountain Capital Management has neatly divided its platform in order to create some separation between its pre-risk retention CLOs and those which have been issued to comply with risk retention

Bfinance hires to its London and Sydney offices
Pension fund consultant Bfinance has made three hires to its team

Spire prepares to refinance debut CLO
Spire Partners intends to refinance its debut CLO, Aurium I, according to an investor notice seen by Creditflux

Bain hires bank to reset 2014 European CLO
Bain Capital Credit is in the process of resetting another of its 2.0 European CLOs

BNP Paribas combines high yield and distressed trading in Europe 
French bank loses two high yield specialists as it combines desks in London 

CLO spreads grind tighter as Investcorp debuts in Europe
Investcorp Credit Management’s recently-acquired CLO team has got off to a strong start

PGIM takes 2017 European CLO issuance past €2 billion with latest deal
PGIM has priced its first European CLO of the year, according to market sources

Direct lending specialist tipped to join Permira in London
Market sources have told Creditflux that an experienced direct lender has left a large credit manager ahead of a move to Permira Debt Managers

Equity holder looks to sell revamped CQS euro CLO
An unnamed investor has put a large portion of CQS’s debut CLO 2.0 up for sale today, after the deal was refinanced earlier this week

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

Alcentra confirms hire to its new-look structured credit team
Alcentra has confirmed the hire Brandon Chao from Omega Advisors to its structured credit team in New York

Oaktree brings in distressed debt specialist from US lender
Distressed debt specialist leaves bank for buy-side role in London

Värde closes latest fund at $1.7 billion
Credit manager Värde Partners has raised $1.74 billion for its latest fund, Värde Fund XII

GSO Capital pools retention vehicles as it debuts MOA
GSO Capital has launched its first globally risk retention compliant CLO, it has emerged

Distressed debt firm Strategic Value Partners hires loan originator
Distressed loan specialist manager brings in loans sales head from Spanish bank in London

JP Morgan's head of European CLO origination set to relocate to New York
The head of JP Morgan’s primary European CLO team is in the process of relocating from London to New York, according to market sources.