Fund performance – May 2026
Volatility hurts as most funds record negative returns

CLOs at a glance – May 2026
Our list of recent CLO pricings globally

NorthWall to enter European CLO management, hires Permira vet to lead strategy
EXCLUSIVE: NorthWall Capital has hired Permira’s Andrew Lawson to lead its new European CLO management strategy with more hires expected

We plan on becoming a repeat CLO issuer—Kartesia
EXCLUSIVE: Kartesia’s new CLO platform will aim to take advantage of cheaper credits and plans to be a repeat issuer 

Arini names co-PM replacements as European CLO PM exits
EXCLUSIVE: The firm promoted Jeysson Abergel and Adi Arya to serve as co-portfolio managers for the European CLO platform, two sources familiar told Creditflux  

Spire prices tight across capital structure as Euro CLO AAAs tighten to 126bps
The manager’s first issue in 11 months, and its first since its acquisition by Macquarie Asset Management was announced in March, trimmed benchmark European CLO triple As to 126bps over Euribor

Arini prices second new Euro CLO for 2026
Issuing as a EUR 429.375m transaction via Citi, Arini European CLO X follows the manager’s last issue six weeks ago

Partners prints European CLO reset at sub-128bps
Partners has trimmed the current triple A market tight for European CLOs, repricing Penta CLO 10 for the first time since its original issuance in 2021

Apollo introduces new type of ‘next-generation’ CLO
The new product, unveiled by firm CEO Marc Rowan on Apollo’s first-quarter earnings call, looks to take the benefits of existing BSL CLOs and pair them with improved performance for investors

Proskauer adds DLA partner to structured credit team
CLO specialist and former DLA Piper partner Konstantinos (Kos) Vavelidis has joined Proskauer as a partner in its London office 

Kartesia raises EUR 140m for new CLO platform KLM
The firm's head of CLOs and structured credit Michael Htun will lead its European CLO strategy

SMBC hires JPM alum to head EMEA SPG syndication
EXCLUSIVE: The bank has made a string of CLO-related hires globally this spring, after previously poaching top CLO bankers from JPMorgan in 2024

Kartesia prepares to price debut CLO
EXCLUSIVE: The private debt specialist and CLO equity investor is currently marketing its first CLO offering to investors

Fair Oaks issues tight in mezz as European CLO spreads narrow
The manager has priced its first new CLO since June last year, with the EUR 380.75m transaction arranged by BNP Paribas

Bain takes haircut on single Bs for 2018-vintage Euro CLO, first in post-GFC era
Bain has issued a redemption notice for the eight-year-old European CLO, marking the first haircut for a single B tranche on a European deal amongst post-crisis ‘CLO 2.0’ transactions

CVC's newest European CLO prices AAAs at 128bps
The manager's newest print, CVC Cordatus Loan Fund XXXVIII, was arranged by Citi and valued at EUR 406.5m

BlueBay to launch CLO equity interval fund
EXCLUSIVE: BlueBay Asset Management will soon launch its first CLO equity-focused interval fund, according to a source familiar

Invesco resets its first European CLO with AAAs at 138bps
Deutsche Bank arranged the EUR 399m repricing, which included a EUR 25m equity injection

Credit issuance pipeline continues to build despite temporary pause—KBRA
Issuance will be ready to resume once the market stabilises, according to Gordon Kerr, European macro strategist at KBRA

Lipton raises EUR 50m equity and EUR 160m secured loan from CVC

Latest European Napier Park CLO breaches 130bp level as Investcorp also prices new issue
The European CLO market kicked off the week with two new issues pricing through Bank of America, totalling just over EUR 900m

Canyon keeps European CLO issuance ticking over with its first deal for 2026
Canyon Euro CLO 2026-1 priced on Friday via BNP Paribas, with the triple As pricing at the current European CLO benchmark of 130bps over Euribor

Guggenheim’s Zable warns on rapid pace of AI disruption
EXCLUSIVE: Most managers are not prepared for the pace of change in the software loan space, Guggenheim CLO chief Rob Zable said at the Creditflux CLO Symposium

PineBridge set to launch CLO interval fund
EXCLUSIVE: PineBridge will launch a new CLO interval fund within the coming weeks, according to a source familiar

LBOs, new loan supply expectations reset amid Iran war, AI-related disruptions
Loans in previously overlooked sectors are gaining more attention amid the upheaval, according to panellists at this week’s Creditflux CLO Symposium