CLOs dodged recent loan defaults, according to Wells Fargo
CLO exposure to three recent US loan defaults has been minimal, according to Wells Fargo research

Jefferies brings two deals to market as Golub makes broadly syndicated return
Jefferies had a hectic end to last week, pricing both a new CLO for Golub Capital and a reset for Aegon USA on Friday.

CLO round-up: volumes spike as secondary market bursts into life
Junior CLO spreads are tightening in the secondary market amid an uptick in volumes. The primary market has not been slow this week either as CBAM launches a $1.25 billion and three other CLOs price on Friday

Texas pension fund stocks up on direct lending with $675 million allocation
A US pension fund is clearly a big fan of direct lending strategies having hired two managers. It has now committed $1.2 billion to direct lenders this year

MidOcean makes waves with its largest CLO to date
New York manager MidOcean has priced its largest CLO to date in a $613.5 million deal

CLO round-up: spreads widen amid spike in euro CLO issuance
Refinancing fever had spread across the CLO market this year, but there are now signs of life in the primary market for CLOs

Join the debate: Ellington’s CLO debut
“The bond has a story, but you get paid for that”

Twin Brook emerges as backer of three new acquisition loans
Details have emerged of three new loan investments by Twin Brook Capital Partners, Angelo Gordon’s mid-market credit specialist, as it continues to ramp up its latest fund

Octagon aims for 121bp triple-A print as it markets its next US CLO
Octagon Credit Investors is planning its second new US CLO of the year with price talk highlighting how far spreads have tightened this year.

Credit Suisse prices $611 million US CLO for large manager
Credit Suisse has priced two new issue US CLOs in the space of a few days with sources reporting that the bank has priced a $611 million deal for the fifth largest CLO manager globally

Top US CLO trader earns promotion in New York
Well-placed sources have told Creditflux that a leading CLO trader has been promoted to managing director

CLO round-up: Columbia and CSAM produce 100%-plus annualised distributions
Amidst the reset and refi environment, Columbia Management and Credit Suisse Asset Management have pleased the equity investors in their CLOs by delivering 100%-plus annualised payments in May

$36 billion pension fund raises its target allocation to private debt
A large US public pension fund has recently agreed to increase its target allocation to private debt

Citi introduces tiered pricing model for CLO b-wics to boost participation
Market sources say that Citi – one of the largest CLO market-makers in the business – has launched a new CLO b-wic pricing initiative, which could improve liquidity in the secondary market for CLOs

Allstate refinances 2014 CLO featuring unusual triple-A notes
Allstate Investments’ Aimco CLO 2014-A has been refinanced in a $483.45 million transaction

Owl Rock adds new direct loans, taking BDC to over $1 billion
Owl Rock Capital has continued to make rapid progress in ramping up its private business development company, one of the biggest debut mid-market debt funds of recent years

Investors dump venture lender Hercules on plan for external manager
Shares in publicly traded business development company Hercules Capital fell sharply last week, after the company announced that it was switching from being managed internally to employing an external advisor

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Boutique CLO managers boss secondary market
Creditflux analysis shows that, when their total assets are taken into account, small managers' CLOs are more liquid than those of large managers 

Black Diamond credit hedge fund joins Creditflux listings
Black Diamond Credit Strategies Master Fund is the latest addition to Creditflux’s growing hedge fund listings

DoubleLine returns to CLO market with $410 million deal
After sitting out 2016, DoubleLine Capital has issued a follow-up to its debut 2015 CLO

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

JP Morgan kicks off May's primary market with two US CLOs
JP Morgan kicked off May’s CLO primary market yesterday, pricing two new issue CLOs in quick succession.

GreensLedge resets US CLO manager's 2014 deal for four years
GreensLedge has priced a four-year CLO reset for a Chicago-based credit manager, according to market sources.

ICG cuts triple-A coupon by 27bp as it refinances 2014 CLO
ntermediate Capital Group has priced a $321.6 million CLO refinancing, according to market sources.