CLO b-wic line-up: price talk circulates on CVC CLO control block
The control equity position in CVC Credit Partners’ 28 days-old reset, CVC Cordatus Loan Fund VI, is available in the secondary market today

US firms to continue CLO charge in Europe despite risk retention still applying
Europe is expected to welcome an influx of new CLO managers this year, despite the continent being subjected to CLO risk retention

CLO b-wic line-up: recent deals dominate secondary market
Recently priced deals have been put up for sale in the secondary market as 75.1% of today’s b-wic line-up consists of deals which have been priced (or altered) in the last 12 months

Blockchain experts eye CLOs in bid to overhaul archaic practices
The CLO industry, in many ways, can still be accused of living in the dark ages – but all that could be about to change with Creditflux learning that at least two firms are looking to modernise CLO infrastructure by implementing blockchain technology.

London-based fund manager announces majority equity purchase in Post CLO
An investor has announced that it has taken the majority equity position in Post CLO 2018-1 via one of its funds

US manager seeks pastures new as it opens CLO warehouse in Europe
A large US CLO manager is making a move into European CLOs and has hired Barclays to arrange its debut transaction on the continent

CSAM in contention for US and European CLO honours
Credit Suisse Asset Management, CVC Credit Partners, Spire Partners and Sound Point Capital Management are among the CLO managers that have secured multiple finalists positions at this year’s Creditflux Manager Awards

B-wic round-up: secondary CLO market is looking more and more like new issue
2017 and 2018 CLOs flooded the secondary market last week, with bonds referencing Ares Management, LCM Asset Management and Napier Park Global Capital going on sale

B-wic round-up: mid market CLOs find new homes in secondary market
The US secondary CLO market has had another eventful week as $908.2 million worth of CLO notes were made available, out of which $693.2 million, or 76.3%, traded successfully

Boutique US CLO manager hires from KKR as part of expansion into Europe
Credit Value Partners, the US CLO and credit fund manager owned by New York Life Investments, has hired Brian McNamara from KKR Credit Partners

Hayfin prices first US CLO after Kingsland acquisition
The asset manager has priced a $606.25 million new issue US CLO via Citi, according to market sources

Deadline looms for Creditflux's annual Manager Awards
The deadline for this year’s Creditflux Manager Awards is fast approaching as managers across the CLO, credit hedge fund and direct lending industries compete for the eighth consecutive year

Alcentra creeps closer to $300 million target with third structured credit fund
London-headquartered Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management, appears to have raised more than $214 million for its third Clareant structured credit opportunities fund

New wave of CLO funds emerge as managers capitalise on tight spreads
Credit managers have raised an abundance of capital in the last few months with the aim of stocking up on their CLO investments

Partners Group hires senior portfolio manager Hanslin as it eyes debut US CLO
Switzerland-headquartered Partners Group has hired a senior vice president and portfolio manager of its US bank loan and CLO origination business

CVC appoints global head of performing credit as Bowers steps down in London
CVC Credit Partners is putting in place a new leadership structure, with partner and senior portfolio manager Jonathan Bowers set to step down from his role

Barclays prepares two new CLOs on both sides of the Atlantic
Barclays is preparing to launch two new issue CLOs, according to presale reports from Moody's and Standard and Poor's

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

$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

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.

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

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