CLO equity and private credit offer comparable returns—Texas TRS
EXCLUSIVE: The US institutional investor giant approaches credit investments opportunistically and as it seeks to achieve a 7% return target for its overall portfolio, CIO Jase Auby told Creditflux

Bain CLO’s F-note downgrade could signal incoming trend – Fitch
The recent downgrade of class-F notes in Bain Capital Euro CLO 2018-1 may not prove an isolated case among European CLOs, according to the ratings agency

Carlyle hires new head of European liquid credit and CLOs as MacKenzie exits
EXCLUSIVE: Stuart MacKenzie, who headed European liquid credit and oversaw European CLOs, is stepping down and leaving Carlyle, according to an internal memo seen by Creditflux

US CLO spreads break 120bp barrier as Oak Hill Advisors prices latest issue
OHA Credit Funding 26 priced the tightest standard-duration US deal in almost two months, while the end of the week also saw KKR printing its latest new-issue deal

BSP prices latest new European CLO
The EUR 405.7m transaction, which issued on Friday, is the manager’s fourth European issue for the year and its second new issue

Leveraged loan price bifurcation widening — S&P
A growing distressed tail is trading below 80, while other loans are trading above par, pressuring CLO investors and managers

New US BSL CLOs issue from Elmwood, Apollo and Five Arrows as AAA spreads solidify at 120bps
Elmwood and Apollo have priced new half-billion-dollar US BSL CLOs this week, as Five Arrows also printed a new USD 405m transaction via Citi

Blackstone prints new European CLO at 126bps, Silver Point issues second Euro deal
Blackstone’s latest European CLO printed this week as a EUR 403m transaction via Jefferies, while Silver Point followed up its debut European offering last October with a second deal arranged through Barclays

Permira upsizes for second new US CLO of 2026
Arranged by SMBC Nikko, the BSL deal was upsized to a target par of USD 425m

CIFC lowers US CLO reset AAA benchmark to 121bps
The repricing of the 2021-vintage BSL transaction was the tightest for a US reset in almost a month, while Aristotle Pacific also priced a reset as its first issue for the year

Spire prices tight across capital structure as Euro CLO AAAs tighten to 126bps
The manager’s first issue in 11 months, and its first since its acquisition by Macquarie Asset Management was announced in March, trimmed benchmark European CLO triple As to 126bps over Euribor

Arini prices second new Euro CLO for 2026
Issuing as a EUR 429.375m transaction via Citi, Arini European CLO X follows the manager’s last issue six weeks ago

Morgan Stanley alum joins as SMBC managing director
The new hire will work in securitized products and capital solutions, adding to SMBC’s expanding global securitization capabilities

Partners prints European CLO reset at sub-128bps
Partners has trimmed the current triple A market tight for European CLOs, repricing Penta CLO 10 for the first time since its original issuance in 2021

Allstate prices US CLO reset at 120bps as Trinitas, Post Advisory Group also issue repricings

Hayfin names Goldman Sachs veteran as head of investments
Goldman Sachs veteran Michael Marsh has been hired to the newly created role

US CLO resets issue from Oak Hill, CIFC and BSP
The trio of transactions totalled just over USD 1.4bn in value, with Oak Hill's deal matching the new-issue triple A benchmark of 120bps over SOFR

US CLO AAAs fall to 120bps as end of week sees USD 2bn worth of new issues price
Onex priced its latest deal with its triple As at 120bps above SOFR, while there were also half-billion-dollar new issues from Neuberger Berman, Ares and UBS

Guggenheim prices first new US BSL CLO in more than three years
The manager's first US BSL CLO since 2022 emerged as a USD 560m issue arranged by Bank of America

Invesco resets its first European CLO with AAAs at 138bps
Deutsche Bank arranged the EUR 399m repricing, which included a EUR 25m equity injection

First Trust Advisors plans CLO business, hires former First Eagle MD
EXCLUSIVE: The firm tapped the former head of trading for First Eagle Alternative Credit’s Tradable Credit team to help build the new business

Trimaran prices first new CLO for 2026
Trimaran CAVU 2026-1 was valued at USD 404.6m, and follows two CLO repricings from the manager in January

Latest European Napier Park CLO breaches 130bp level as Investcorp also prices new issue
The European CLO market kicked off the week with two new issues pricing through Bank of America, totalling just over EUR 900m

Apogem reprices 2019-vintage private credit CLO for third time
Apogem Capital has repriced a 2019-vintage private credit CLO for the third time, with the USD 348m reset coming two years after the CLO was last reset in March 2024