Owl Rock BDC assets swell by $1.26 billion in 12 months
Owl Rock’s first business development company has increased its total assets by $1.26 billion and its net assets by $790 million in over just one year, filings indicate

Debut manager prices first ever CLO featuring ESG criteria
The CLO market has welcomed a new manager, which priced its debut 2.0 transaction via BAML yesterday

EM manager crosses $2 billion fundraising mark across four debt funds
London-headquartered Ashmore Group has now raised more than $2.3 billion in total between four of its Luxembourg-domiciled emerging market debt funds, regulatory filings indicate

Euro CLO round-up: five banks combine to launch GoldenTree deal
While GoldenTree priced a novel CLO this week, Ares's newest European CLO priced just this afternoon with an impressive headline triple A print of 68bp

Ares makes dramatic return to European CLOs with tightest ever triple A print
Ares Management has priced its first new CLO in Europe since December 2016, according to market sources

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

GoldenTree plants its multi-arranger CLO concept on European soil
GoldenTree Loan Management has brought its multi-arranger CLO strategy to the European market with five banks cooperating to price a first-of-its-kind deal

Minnesota pension fund looks to commit $535 million to 'private credit'
Minnesota State Board of Investments has recommended investments worth $535 million to private credit, according to board documentation seen by Creditflux

European direct lender seeks €2.5 billion for new Luxembourg-based debt fund
London-based direct lender Pemberton is launching a new debt fund that will invest in mid-market European companies, Creditflux has learned

London manager prices its largest ever CLO transaction via BNP Paribas
The manager teamed up with BNP Paribas to price its first CLO transaction of the year yesterday

Fulcrum hires director for newly created alternatives group
Fulcrum Asset Management hires Mark Horne as director within its newly created alternative strategies team, the firm announced yesterday

CLO equity and mezzanine fund liquidates two years before reinvestment period
BK Opportunities Fund-2 has liquidated two years before the end of its reinvestment period with annualised net return since inception at 12.4%, Creditflux has learned

Axa IM launches lower-cost share class for £1 billion distribution fund
Axa Investment Managers has launched a lower-cost share class for its £1 billion ($1.45 billion) Axa Lifetime Distribution Fund, the fifth fund in Axa’s distribution range

Patrimonium's Heine reveals what it takes to be a direct lender in Germany
Europe’s middle market lending community this week heard just how gruelling a job it is to source deals in Germany. Heine answered a number of important questions such as, "how many beers does it take for a sourcing manager to make it through one year?"

Aberdeen Standard Investments launches global private markets fund
Aberdeen Standard Investments has launched a £138 million Global Private Markets Fund (GPMF), which will invest in a diversified mix of private credit, private equity, real estate and infrastructure

Manager prices first new issue CLO in Europe since September 2016
The New York-headquartered manager has launched its first new issue CLO in Europe since 2016, pricing a €411 million deal via Morgan Stanley yesterday

Alcentra launches third direct lending fund
A year on from closing its second direct lending fund, Alcentra is understood to be marketing fund three in its direct lending series

Ironshield guards against future stress in Europe
The withdrawal of quantitative easing in Europe, coupled with rising interest rates, could lead to increased volatility and improved credit selection opportunities, especially among low-grade credits

US power generators: Falling prices spark bankruptcies
As renewables and gas undercut traditional power generators, bond holders are preparing for price shocks. By Euan Hagger

European CLO spreads tighten dramatically as Cairn prices new issue deal
Double A and single A rated notes tighten well inside 2017 tights as Cairn prices a new issue European CLO

Global asset manager poised to launch its largest ever European CLO
A manager is returning to the European new issue market for the first time since September 2016

BNP Paribas hires head of structured finance to asset management unit
BNP Paribas Asset Management this morning announced that Michel Fryszman has joined as head of structured finance

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

Oak Hill appoints sole head of European credit as ex-partner takes on new role
One of Oak Hill Advisors’ most senior staffers has stepped into a senior advisory role

European CLO round-up: Carlyle and Investcorp share reset record
Much like its counterpart in US, the European CLO market is off to a speedy start with two resets and a refi – generating total volumes of €1.5 billion