European CLO gold rush tempts US managers
Several US managers are planning to launch debut 2.0 CLOs in Europe

Dealers take new tack as CSO volumes rebound
Citi is telling US investors that it has sold “billions of dollars” of bespoke single-tranche CDOs

Credit hedge funds sight land in shipping shorts
A number of hedge funds have spied an opportunity to short European banks in the belief that their loans to shipping companies are overvalued

Wasserstein fund joins Creditflux listing
Wasserstein Debt Opportunities becomes part of Creditflux's credit hedge fund performance tables this month

Manager leads US CLO hunt for life after risk retention
A New York-based firm is planning the first US-focused CLO originator fund

European direct lenders strike €25 million sweet spot
Many new entrants to the European direct lending market are finding that they can put assets to work by making loans in the €20 million to €30 million range

Few investors want small company distressed loans
Mudrick Capital's Jason Mudrick takes our credit quiz

CSAM CLO equity trades high for a second time after recent refi
Equity in a refinanced Credit Suisse Asset Management CLO traded off a b-wic yesterday as investors continue to hit the secondary market to shift risk before year-end.

TPG Capital achieves tight debt pricing with new CLO
TICP CLO III, a $518 million deal, priced yesterday

ICG's senior PMs make shock move to CLO manager in London
Intermediate Capital Group, one of Europe's largest credit managers, has been hit by the defections of two key portfolio managers to a credit firm that has lost a large number of professionals in the last 12 months

Credit Suisse expands CLO sales team following strong third quarter
Credit Suisse has recently added a structured credit sales specialist to its CLO syndicate, according to well placed sources

Guggenheim backs out of deal to buy Hayfin, says Wall Street Journal
The sale of European credit shop Hayfin Capital Management to Guggenheim Partners is now unlikely to go through, according to the Wall Street Journal

Japanese firm's debut CLO begins to take shape
Bank of America is marketing a short duration CLO for a Japanese financial services group, according to market sources

BAML prices originator deal for top global manager
Bank of America priced a €415 million European CLO for GSO Capital Partners on Friday, according to market sources

AustralianSuper plans credit hires as it shifts from external managers
A $69 billion pension fund is planning to bring its credit investment activities in-house

Updated CLO price guidance points to spread-widening in Europe
Updated price guidance on a forthcoming European CLO points to spread-widening across all classes of debt

Control of CIFC CLO with extended non-call goes under the hammer
Control of CIFC Funding 2012-1 is on the line today with market sources reporting that $26 million of the CLO's equity is on a b-wic with bids due by 10am New York time

KKR takes CLO AUM to $12.7 billion as latest deal prices
Sources say that KKR CLO 10, a $416 million CLO, priced yesterday

Och-Ziff takes CLO AUM to $5.4 billion as latest deal prices
OZLM IX priced on Friday via Credit Suisse. The CLO is Och-Ziff's fourth of the year and ninth since inception

Los Angeles-based hedge fund hires CLO portfolio manager
A large credit fund manager has hired a CLO portfolio manager having recently increased the pace of its CLO issuance programme

CLO manager with passion for tall fauna eyes short structure
A US manager becomes the latest to launch a short-duration CLO

CVC uses template for debut euro 2.0 to produce follow-up CLO
Market sources say that CVC Credit Partners has priced its second 2.0 European CLO in a €400 million deal.