Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

Up-and-coming fund manager Revolution makes big structured credit hire
Sydney’s Revolution Asset Management has made a big hire, signalling its intent in the global structured credit markets

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

Asset manager mulls US CLO market entry following debut 2.0 European CLO
A manager that has just closed its first post-crisis European CLO, is looking at opportunities in the US CLO market

Former Och-Ziff executive Cohen faces criminal fraud charges
A former Och-Ziff Capital Management executive is facing criminal fraud charges relating to the firm’s hedge fund activities in Africa, according to an indictment that was made public last week

$47 billion of 2017 US CLO paper was available to Europeans, finds Wells Fargo
40% of US CLOs issued in 2017 complied with European risk retention regulations, according to research by Wells Fargo

Californian pension fund approves $50 million commitment to CLO-focused fund
The pension fund has approved a $25 million commitment to an upcoming CLO fund, adding to $25 million previously committed 

South Korean brokerage finds CLO warehouses good for Seoul
Appetite for CLO warehouse risk has re-awoken in South Korea, with sources indicating that a Seoul-based brokerage is looking to provide first-loss capital in CLO warehouses globally.

Points up front: zombie managers near extinction
The long-term nature of CLOs means the market tends to have a large number of zombie managers, those with one or two deals outstanding but no plans for future issuance. However, a spate of redemptions, especially in Europe, has swept away some of the ghostly deadwood.

The biggest credit stories in 2017
CLO ramp-up risk, new risk retention proposals and new CLO joint ventures were in the headlines last year. Here, Creditflux reveals the most read stories of 2017

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Carlyle raises more than $800 million for global CLO-focused fund
Carlyle's newest fund will invest in CLOs backed by US and European senior secured corporate loans actively managed by third parties

Citi promotes European CLO head and co-head of credit correlation trading
Citi – a market leader in CLO origination and bespokes – has promoted officials responsible for these businesses.

Manager sells 2017 CLO to 67 investors and claims top spot in Creditflux ranking
Creditflux's CLO syndication survey results are in and its a large asset manager that claims top honours

CLO manager looks to raise up to $2 billion to invest in CLOs globally
A US CLO manager is planning to invest in CLO tranches for the first time. It is understood that the firm is putting together a structured credit fund that will also have the ability to invest in index tranches

Hayfin acquires US CLO manager
European credit platform Hayfin Capital Management has signed an agreement to acquire a US CLO specialist

US pension scheme puts $100 million into top-performing CQS fund
A multi-strategy credit fund run by CQS has earned a $100 million commitment from a US pension fund

Managers argue over whether structured credit trade is played out
Some US and European hedge funds are trimming their exposure to structured credit as investors back away from this asset class, according to some industry experts

Shrinking spread cushions prove hard for CLOs
 Falling loan spreads are placing ever tighter constraints on CLO managers’ choice of investments just as the loan supply itself is declining

Managers pick spots on CLO curve
As refi volumes slowed through 2017, the term curve for CLOs steepened, leading managers to vary their deal tenors as they sought to hit the evolving sweet spot.

Deadline approaches for Creditflux CLO Syndication Survey
Competition is hotting up as the deadline for Creditflux's groundbreaking CLO study takes shape  

Is your firm managing the most widely syndicated CLO of the year?
Creditflux’s first ever CLO syndication survey is now open

Nearwater aims to put $500 million to work in global risk retention financing
Start-up company Nearwater Capital has closed on a $500 million capital commitment which will fast-track its move into risk retention financing, sources say. The firm has already deployed capital into CLO risk retention

Manager looks to raise up to $500 million to invest in CLOs globally
A firm regarded as one of the biggest CLO mezzanine and equity investors in the market is launching its latest CLO strategy 

US CLO debutant to make spectacular move into European CLOs
A fund manager that priced its first US CLO just months ago has started working on its debut European CLO