HPS and Nomura team up in first-time CLO partnership
HPS Investment Partners has teamed up with Nomura for the two firms' first CLO transaction as a partnership

CLO pipeline: refis can't wait till after summer
The CLO market in both the US and Europe looks to be slowing down in the near future with only two deals added to the running pipeline.  

US CLO round-up: summer blues don’t weigh on the issuance parade
Summer is shining on US CLOs as $3.8 billion worth of activity entered the market last week. The flow brought four new deals (including one middle market deal), one reset and two refinancings.

CLO managers suffer puncture with $85 million of Jack Cooper debt
CLO managers hold $85.8 million of exposure to auto hauler Jack Cooper Ventures, which filed for Chapter 11 bankruptcy, according to the latest trustee reports from CLO-i 

Assured Guaranty to buy BlueMountain for $160 million
Assured Guaranty has agreed to buy BlueMountain Capital Management, as well as its associated entities, for $160 million

CLO pipeline: US takes up baton after European July sprint
The US CLO market is ready to kickstart issuance in August as nine deals have been added to the running pipeline.

Global CLO league tables at a glance - July 2019 YTD
Global CLO league tables at a glance - July 2019 YTD

US CLO league tables: JP Morgan narrows gap to Citi in new issues to $50 million
July saw $14.9 billion of issuance in the US CLO space with $9.4 billion of that in new issue CLOs. One of the transactions brought to the market was Whitebox Capital Management’s debut CLO, Whitebox I.

Nochu's CLO holdings up 8% in Q2 while JP Morgan buys even faster
Norinchukin Bank’s CLO portfolio grew another 8% in the second quarter to JPY 8 trillion ($74.12 billion) by 30 June, according to the bank’s latest quarterly report which was released today

CSAM prices second largest CLO refi of 2019
Credit Suisse Asset Management took 21.98 basis points off the funding costs of its 2016 CLO Madison Park Funding XXIV via refinancing

Apollo fee earnings rise 9% in Q2 as structured credit boosts portfolio
Apollo Global Management’s credit portfolio increased 4% quarter-over-quarter to $201 billion, driven by growth in affiliated life insurance firm Athene, as well as corporate credit and structured credit

US CLOs thrive as managers embrace secondary loan market
Leveraged loan issuance is supposed to feed and keep CLOs healthy, but a 62% slowdown in US loan volumes this year was accompanied by average CLO equity distributions ticking 19% higher.

CRE CLO issuance beats 2018 totals
After a 12.5% increase in year-on-year first quarter issuance, the first half of 2019 turned up the heat with a 30% year-on-year increase to $9.1bn in CRE CLO issuance, according to Kroll Bond Agency.

THL anchor CLO equity seeks purchase in secondary market
Up for auction later today is the 15th controlling stake in a US CLO this year, with nine of the previous 14 having failed to trade

US loan veteran MacLean to retire from Pimco
Pimco loan portfolio manager Beth MacLean will be retiring from the firm in March, a spokesperson for the company firms

Zais prices new CLO with record five classes of fixed-rate debt
Zais Group has priced a new issue CLO via JP Morgan that issues five classes of debt paying fixed rates of interest

Bain prices new CLO with triple As 6.91bp tight of 10-day average
Bain Capital Credit priced its latest CLO offering, scoring the second tightest triple A print of the month

Global CLO b-wic round-up: 71% of equity positions trade as supply picks up
The European and US secondary CLO market took a step back this week as the primary CLO generated $7.8 billion of deal flow globally

Anchorage's 2019 volumes pass $2.5 billion as it prices US CLO
Anchorage Capital Group on Friday priced its latest CLO offering named Anchorage Capital CLO 11 via Wells Fargo

Steele Creek prices tight of the market with second new CLO of 2019
Steele Creek Investment Managers has priced its latest new issue CLO, with the triple A notes printing tight of the market at 136 basis points

Och-Ziff splits triple Bs as it prices US CLO
Och-Ziff teamed up with BNP Paribas on Friday to price a new issue CLO named OZLM XXIV, its third CLO transaction of the year

New generation of US CLO managers battle to join industry top ranks
The US CLO manager base is growing at its fastest rate for years, with new firms springing up all over the country to issue these transactions

GoldenTree prices second multi-arranger US CLO of 2019
GoldenTree yesterday teamed up with Wells Fargo to price its latest CLO offering named Goldentree Loan Management US CLO 5

Starwood Property makes big splash in CRE CLO market
The debutant to issue a CRE CLO that represents 12% of the market's H1 2019 issuance

CLO pipeline: CSAM and Octagon look to move further ahead of the chasing pack
The CLO pipeline in all three markets looks similar to last week with a reduction of only around $500 million in predicted new issue volumes in each of the US, European and mid market CLO spaces. But all three of these market segments look healthy with new issues and refinancings being favoured by managers