Benefit Street hires bank to arrange its seventh US CLO
A growing credit manager has begun marketing its seventh 2.0 CLO, sources say

Bank hires former S&P director in New York
Rating agency analyst heads for the sell side after 12 years at S&P

Investors abandon options for CDS hedging amid Greek turmoil
Popular option tail hedges have been abandoned in favour of outright CDS shorts  

Neuberger Berman secures tightest double-A CLO pricing of 2015
CLO double-As hit new tights yesterday as Neuberger Berman price a $410.15 million CLO, according to market sources

CLO spreads grind tighter as Octagon achieves 142bp triple-A print
Octagon Credit Investors priced its second CLO of the year yesterday, securing a tight triple-A print

DoubleLine achieves strong triple-A print with debut CLO
DoubleLine Capital priced its debut CLO on Friday, according to market sources, with the triple-A notes in line with deals issued by more established managers

Secondary market investors snap up senior CLOs after $384 million b-wic
Triple-A CLO investors were active in the secondary market yesterday as a $383.9 million b-wic saw a number of trades

Dallas-based hedge fund manager prices its second CLO
Carlson Capital has priced its second CLO in a $411 million deal, according to market sources

ICG retains majority equity as it prices fourth US CLO
Intermediate Capital Group priced its first CLO of the year yesterday, in a $410.75 million deal  

Mid-market lender LStar hires high profile credit official in New York
Lone Star poaches partner from BDC manager to head up direct lending business  

Pension funds tighten the leash on credit managers in bid for control
Western US pension fund looks to commit large allocation to credit

Credit funds show eye for goal as football clubs score cash windfall
Alternative credit managers are warming to a niche credit strategy that supports European football clubs with asset-based financing

ICG picks a new arranger as it prepares its fourth US CLO
Intermediate Capital Group is set to price its fourth US CLO 2.0 later today, according to market sources

Credit Suisse completes $1.1 billion of CLO issuance in a day
Credit Suisse's CLO structurers capped off a busy day yesterday by pricing a $616 million deal for THL Credit Advisors, sources say. 

Legal view: German direct lending funds make a breakthrough
BaFin announces significant change to rules on lending

Fishknife - It’s solid. It’s big. And suddenly it’s gone
Standardisation may boost bond market liquidity. But what credit really needs is a more diverse investor base

CLO trader leaves Goldman ahead of move to rival bank in New York
Market sources say that a CLO trader has left Goldman Sachs after almost 10 years at the bank.

Hedge fund switches to Jefferies as it prepares its second CLO
Sources say that a Dallas-based hedge fund is expected to price its second CLO this week, 18 months after issuing its inaugural deal

Carlyle opts for sterling tranches as it prepares its latest European CLO
The Carlyle Group is preparing its second European CLO of the year ina  €417 million deal, according to market sources.

$77 million control CLO equity b-wic circulates amid rumours of BDC seller
The majority equity position in a 2014 CLO overseen by Ares Management is up for grabs today as part of a $77 million b-wic today, according to trader sources.

3iDM CLO is re-refinanced with novel step-up feature
A CLO, which has its origins in a 2010 deal known as COA Tempus CLO, has been refinanced with a novel single-B tranche