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 

Carlyle prepares its first CLO transaction of 2018
Carlyle Group plans to begin its CLO business this year with a €454.25 million reset

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.

PDM liquidates CLO funds after 20% per year returns
Permira Debt Managers is liquidating two structured credit funds after generating strong returns

Investors nod through wind up of 1.0 euro CLOs
CLOs may have weathered the storm of the financial crisis far better than other structured products, but the tally of CLO defaults is quietly growing

Join the debate: is Christopher Nolan moonlighting for Creditflux?
A story last month on direct lender Prestige caused one reader to draw comparisons with a script from film director Christopher Nolan 

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.

EBA provides clarity on risk retention under STS regime
The European Banking Authority has laid out guidance for risk retention, which provides details on the transfer of risk retenton from one entity to another and what qualifies as a CLO originator

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

Och-Ziff brings Euro CLO AUM over €1 billion with latest deal
Och-Ziff priced its third new issue European CLO yesterday in a €413.9 million transaction arranged by Bank of America Merrill Lynch

Carlyle re-issues 2015 European deal for its 20th CLO transaction of the year
Carlyle Group has priced the European CLO re-issue with the lowest funding costs of 2017. The deal is Europe's largest 2.0 CLO, according to CLO-i data.

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

Global CLO manager prices European CLO with lowest funding costs
An asset manager made its 15th global CLO transaction of the year yesterday, pricing its second new issue deal in Europe

Europe welcomes another debut CLO manager
A credit manager has become the fourth to issue a debut European CLO in 2017

CVC prices triple As in euro CLO at a record 72bp, but junior spreads edge out
European senior CLO spreads have hit new tights, after CVC priced a new CLO today. However, spreads for junior have edged wider than recent levels

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

Past returns: Permira’s considered approach to CLO launches
This month 10 years ago, private equity firm Permira made its debut in the European CLO market

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

European CLO managers aim for ‘full compliance’
November has seen an increase in new European CLOs complying with US risk retention rules, with at least five ‘fully compliant’ CLOs pricing