Mid market CLO league tables: deal record breaks as Wells Fargo gains new issue lead
The mid market CLO space had a record-breaking month in November on three counts

Angelo Gordon keeps hold of mezz tranches with mid market CLO
Angelo Gordon has moved into middle market CLOs by printing its first deal backed by loans to middle market companies. The firm retained all junior and mezzanine liabilities in a deal that appears not to carry a public rating

Antares and Palmer Square give new life to legacy CLOs via resets
Antares Capital Management and Palmer Square Capital Management each reset a CLO on Tuesday, with the two deals worth a combined $964.8 million

Barings jostles cap stack with mid-market CLO reset
Barings has reset a middle market CLO it signed in 2017, increasing the overall size of the deal slightly with a shift in weighting between the single A minus and triple B minus pieces

Ironwood targets $500 million for mezz debt and equity fund
Ironwood Capital is targeting $500 million ($550 million hard cap) for its latest fund which will focus on subordinated debt and minority equity investments in lower middle market US companies

Supply chain crisis hits credit amid shift to physical products
Credit investors are bracing for choppy waters as the supply chain crisis makes itself felt on company balance sheets heading into the year end

Most investors still behind target with sustainability and impact investing, survey finds
72% of global investors plan to increase their allocation targets to sustainability and impact investing. That is according to a limited partner survey by private markets firm HarbourVest Partners HarbourVest’s 2021 ESG, Sustainability, and Impact Investing Survey of LPs

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

Eagle Point hits $300 million hard cap on BDC-lending fund
Eagle Point Credit Management says it has held a $300 million final close on its Defensive Income Fund, hitting its hard cap and exceeding its original $250 million target

Brookfield hires industry veteran as public securities CIO
Brookfield Asset Management has hired a long-serving credit and equity market professional as chief investment officer for its public securities group

Antares names CEO following Brackett's retirement
Antares Capital has named its new chief executive officer, following the retirement of CEO David Brackett effective 31 December

CLO refi and reset volumes surge with $2.3 billion priced on Friday
CLO refi and reset volumes surged on Friday with $2.3 billion priced across the US market, according to market sources. Brigade Capital Management, MidOcean Credit Partners and New Mountain Capital reset regular-way CLOs, Blackstone Credit scored a regular CLO refi, Sculptor Capital Management refinanced a bond-heavy CLO, and Ivy Hill Asset Management reset a middle market CLO

Credit Suisse plans mid market CLO push as it prices PennantPark deal
Credit Suisse arranged its first CLO backed by middle market loans in almost four years on Friday, pairing with PennantPark to print the manager's latest new issue deal

Investcorp strikes partnership with distressed mid-market specialist
Marblegate Asset Management and Investcorp say they have formed a strategic partnership where the latter will provide Marblegate with long-term capital to strengthen its investment platform and provide access to to Investcorp's investor network

Mid market CLO league tables: No change up top but KKR and Silver Point enter race
The mid market CLO space welcomed two new faces to its ranks last month as Silver Point Capital and KKR priced a new issue CLO each

US pensions make even more space for private debt
US public pensions are increasing allocations to private debt with sources indicating that the resilience of the asset class during the covid-19 pandemic has accelerated the trend

Silver Point makes CLO debut with $400m middle market deal
Silver Point Capital has become the third manager to debut in US CLOs after printing its first CLO on Friday

SMBC Nikko builds on CLO momentum with mid market deal for Monroe
SMBC Nikko has picked up its third CLO credit this year

Credit Fundraising: Blue Owl and WhiteHorse gain from improving animal spirits
Fundraising perked up in July as managers raised $14.9 billion for credit funds - the third highest monthly amount this year

Mid market CLO league tables: stalwarts Golub and Natixis reign supreme again
It may have taken seven months, but the mid market CLO league tables have familiar faces at the top with Golub Capital and Natixis leading the way in manager and arranger issuance, respectively

Fund performance: Déjà vu as April leaders dominate
CLO funds stayed in the top flight for another month as they took over the top 10 credit hedge fund return table in May, when 87% of all funds listed made positive returns

Credit fundraising: managers take care of infrastructure with new partnerships
Credit managers were busy launching new partnerships to support growth in infrastructure and CLOs. There were 13 announcements in the month paving the way for upcoming funds, platforms, and joint ventures

PennantPark closes levered sleeve of private credit fund at $460 million
PennantPark Investment Advisers has closed the levered sleeve of its fifth comingled fund, PennantPark Senior Credit Fund Levered. Its unlevered sleeve, PennantPark Senior Credit Fund, is due to hold a final close in December

Barings completes first middle market CLO since 2019
Barings has issued its first CLO backed by middle market loans since October 2019

Cerberus prints lesser-spotted CLO reissue
Cerberus Loan Management priced a rare CLO reissue on Wednesday in just the fourth deal of this flavour of transaction to print in 2021