Deutsche Bank's global CLO head moves to big US manager
The head of Deutsche Bank's global CLO business has left after working at the firm for 16 years, with sources indicating he has taken a buy-side structuring job at one of the most prolific issuers in the business

Pacific AM prices first new US CLO in 18 months
Pacific Asset Management has sailed back into the CLO primary market with its first new issue deal since May 2018, becoming the first CLO manager to issue a five-year reinvestment CLO in 2020

Class F notes of 2018 CLO downgraded to triple C by Moody's
Moody’s has downgraded the class F notes of a 2018 CLO to Caa1, citing par loss in the underlying portfolio for its decision

CLO pipeline: no rest for the wicked as new issues hit the market
CLO market participants do not have the luxury of easing their way back to work with the new issue market up and running and a pipeline that is filling up fast 

Apollo CLO and CSO specialists earn promotion to partner
Apollo Global Management has promoted two members of its global structured credit team, according to market sources

Global CLO b-wic round-up: junior mezz rebounds with busiest week since June
Secondary market CLO trading has made a busy start to 2020 with $478.6 million of US deals and €103.3 million of European CLOs up for sale last week

TPG CLO points to tighter pricing across all ratings bands
TPG Capital has launched a new issue CLO via JP Morgan, with price talk pointing to tighter CLO liability pricing heading into the new year

Price talk emerges as ICG markets first CLO reset of 2020
Warehouses might indicate a healthy pipeline for new issuance, but right now, managers test pricing with refis and resets

Global 2019 CLO league tables at a glance
Global 2019 CLO league tables at a glance

Global mid market CLO league tables: Golub and Natixis lead by a distance
Golub Capital and Natixis dominated the mid market CLO space in 2019 in the manager and arranger league tables, respectively

US CLO league tables: CSAM makes it three in a row as Citi completes a clean sweep
The US CLO market suffered a drop in volume last year with $149 billion of issuance, down 43% on 2018’s $262.5 billion. But the heavy slump was not across all forms of CLO pricing, as new issues once again crossed $100 billion and only suffered a 6.5% fall

Napier Park beats 47 managers to win pension's lucrative credit mandate
Napier Park Global Capital has emerged as the winner for a $500 million illiquid credit mandate for Los Angeles County Employees Association, after the pension recieved 48 responses to its original request for proposal 

Carlyle hires CLO investment specialist to structured credit team in New York
Carlyle Group has added to its CLO investment team after losing its co-head of global structured credit at the end of last year

Anchorage adds high triple-C CLO to its roster after pricing upsized deal
Anchorage Capital Group managed to price its high triple-C CLO before the end of 2019 with market sources indicating the firm issued a $406 million CLO on 23 December

Axa IM makes savings at triple A level, but juniors widen as it prices new US CLO
Axa Investment Managers has priced a new US CLO which underlines how senior CLO spreads have been stable this year, while junior spreads have shot wider

CVC prices its second new US CLO of 2019
CVC Credit Partners has wrapped up what has been a quiet year by its standards with a new US CLO, which priced yesterday

Highland Capital Management LP working to remove founder Dondero
Highland Capital Management LP is working with the unsecured creditors committee on a new management team while the US trustee demands an independent trustee to oversee the bankruptcy

Anchorage markets CLO triple As at 195bp in novel high triple-C CLO
Anchorage is marketing a high triple-C CLO with a lower than average triple C bucket for such a deal, but with a market value test and par flush triggers.

First Eagle completes first CLO transaction following THL buyout
First Eagle Investment Management has priced its first transaction in the CLO market since announcing the acquisition of CLO manager THL Credit Advisors earlier this month

Seix widens horizons with first Goldman-arranged CLO
Seix Investment Advisors has issued its second new CLO of 2019 named Mountain View CLO XV, according to market sources

HalseyPoint debuts in CLOs after two-and-a-half month ramp up
Start-up manager HalseyPoint Asset Management priced its debut CLO yesterday with founders Lynn Hopton and Yvonne Stevens informing Creditflux that their inaugural CLO was ramped up over just two-and-a-half months.

Brightwood becomes 132nd active CLO manager of 2019
Brightwood Capital Advisors on Friday became the 132^nd active CLO manager of 2019, after the firm printed a new issue deal backed by loans to middle market companies

Sound Point splits single A tranche in new US CLO
Sound Point Capital Management produced a market first on Friday by splitting a single A-rated CLO into senior and junior tranches

Volatility wave brings index-linked CLO funds into play
Defensive positioning from loan managers has led to bifurcation in that market, but CLO fund managers are taking an attack-minded approach with ‘index-linked funds’.