Birch Grove resets 2023 US BSL CLO, increases leverage
The reset of Birch Grove CLO 6 increased the size of the debt tranches for the deal by 15%

HalseyPoint joins the 2023-vintage reset trend
The reset of HalseyPoint CLO 7 is the latest in a slew of such reworkings by multiple managers

US pensions increasingly eye European private credit amid expanding allocations, diversification pressures
US public pensions have committed at least USD 4.4bn to European private credit strategies since July 2024  

Anchorage resets 2020 CLO a second time
The reset of Anchorage Capital CLO 15 priced the top of the stack in line with guidance provided in late May

CalPERS invests USD 16.2bn in private debt, mostly through custom accounts
The institutional investor committed USD 12.2bn to the asset class across 17 customized investment accounts in the past 12 months  

Carlyle resets billion-dollar CBAM deal from 2017
The reworking of the US BSL issue nearly doubled the size of the equity investment

The M&A market is normalising – Ares’ Matt Theodorakis
PODCAST: “People are looking to do deals going forward” after taking a pause following ‘Liberation Day’, Theodorakis told Lisa Lee, managing editor at Creditflux, on the latest Credit Exchange podcast

Fidelity prints its first new US BSL CLO for the year
The issue is the second new CLO to price from the manager since Fidelity Investments agreed to purchase the European arm of Fidelity International’s CLO and structured product business late last year

US CLO spreads to widen as uncertainty and tariffs bite – JPMorgan
Higher US tariff levels may lead to CLO spreads widening and pressure US CLO market growth, but new origination has been more resilient than expected, according to JPMorgan analysts in their mid-year CLO outlook report

Bain tightens triple A benchmark for private credit CLOs
The USD 349.13m private credit CLO lowered the current triple A tight for mid-market CLOs by one basis point, to SOFR plus 162bps

Another 2023 reset prices as CVC issues USD 460m print
The repricing of Apidos CLO XLV is the latest in a string of two-year-old resets to hit the market over the past few weeks

Brigade advances with second new Battalion print for 2025
The New York-based investment manager’s latest new CLO follows its tightest-ever print in January

Partners prices fourth US deal of the year with 2023-vintage reset
The deal saw its senior triple As clear at SOFR plus 138bps

Columbia prices third new issue following Jefferies partnership
The manager's first new-issue primary market activity for the year included four triple B tranches

Sound Point issues second new BSL print of 2025
Brant Point CLO 2025-7 prices with a total cost of funding just under 180bps over SOFR

Franklin Advisers prints first new CLO in over 18 months
The triple As for the deal printed at SOFR plus 147bps

New York, Texas among pension systems taking new private credit actions
New York State Common Retirement Fund commits over USD 700m to ICG strategies, while Texas, DC, Los Angeles pension funds also disclose recent private credit investments

CarVal prints first new US issue in nine months
It follows a new European CLO from the manager in March this year

BlackRock cuts almost 74bps off funding cost in reset of 2023 CLO
The reset of Magnetite XXXVI is the latest in a series of 2023-vintage repricings from multiple managers

Ares issues new half-billion-dollar BSL-backed CLO
The top of the stack printed at SOFR plus 132bps, while a senior tranche of triple Bs priced at SOFR plus 285bps

Oaktree prices US BSL deal with three triple B tranches
The spread at the top of the stack was 18bps inside that of the manager’s last new issue in mid-April

New York Life refinances 2023-vintage CLO
The refi cut 56bps off the triple A spread

Generate prints second new CLO of 2025
The triple As for the US BSL deal priced 10bps wider than on the manager’s last new issue eight weeks earlier

Some LPs wary of retail capital in private market products— Edelman Smithfield
A new survey from the global financial communications advisory firm shows more than a fourth of LPs want private funds managers to keep their capital separate from retail investors

AGL prices triple As at 130 with new US issue
The deal also included notably tight double As, which priced just five basis points wide of the junior triple A paper