Octagon plans its first 40 Act credit fund with 50% bucket for CLOs
Octagon Credit Investors is working on what could become one of the first closed-end fund listings by an alternative credit manager in recent years

Wealth manager bumps up allocation to new Ares structured credit fund
A wealth management firm has increased its allocation to a structured credit fund that is being raised by Ares with a $500 million target

Och-Ziff gives its debut US CLO (another) new lease of life
For Och-Ziff, OZLM Funding is the CLO that just keeps giving

Axa buys into MJX and Alcentra CLO dual-compliant double Bs
Axa Investment Managers bought into recent deals from MJX Asset Management and Alcentra, according to a monthly update for its listed fund Volta Finance.

CLO round-up: ICG switches risk retention method as Apollo CMV nears debut
ICG completed a total revamp of a European CLO this week (vertical to horizontal risk retention, and sponsor to originator); BlueMountain set a record for tightest US 2.0 CLO print and Apollo is marketing its first risk retention-compliant US CLO

ICG teams up with originator to overhaul 2014 CLO
Credit Suisse yesterday carried out a reset of ICG’s St Paul’s CLO V which not only gives the European CLO a brand new capital structure but also overhauls the way it complies with risk retention rules

Pension fund signs up to majority CLO equity strategy
A control CLO equity investor has pulled in $100 million of capital from a US pension fund

Carlson goes vertical as it resets its second CLO in two weeks
Latest reset sees 2015 CLO obtain a renewed two year non-call and four year reinvestment period

Fees on the line as CLO investors fight back over ramp-up failings
CLO managers globally are being chastised for failing to deliver on their model portfolios.

CSAM and Morgan Stanley pioneer new US CLO template
Credit Suisse Asset Management priced a new US CLO late on Friday and in the process the firm introduced a new take on the standard CLO structure - the CLO features a five-year reinvestment period and a non-call period of just 18 months

Oak Hill resets its debut European 2.0 CLO
The manager made its first move on the European CLO market this year with deal arranged by Goldman Sachs

CLO round-up: triple-A investors answer the call as spreads hit 118bp
Hold the phone, CLO triple-A spreads are as tight as 118bp. That's if you're lucky enough to be on the approved list of a major Japanese bank

GLG scores 80bp print as it refinances debut European CLO
The hedge fund is the second European CLO manager to price triple A notes at 80 basis points over Euribor.

CVC Credit raises $600 million for global CLO risk retention programme
CVC Credit Partners has announced the final close of its $600 million CLO risk retention vehicle, CVC Credit Partners Global CLO Management. 

Oak Hill looks to revamp its first post-crisis euro CLO
Oak Hill Advisors is looking to become the latest manager to carry out a reset of a European CLO following similar exercises recently by Investcorp and Chenavari, according to market sources

Barings joins elite list of managers to price US CLO triple As at 118bp
Wells Fargo had a busy end to last week after pricing three (very different) US CLOs

US CLO spreads sail dramatically tighter as Carlyle prices triple As at 118bp
The US CLO market seems to have caught a second wind with triple-A spreads getting pushed tighter after Carlyle Group priced a $613 million deal on Friday

CLO round-up: US CLO triple As hit 121bp amid late flurry of deals
What had started off as a quiet week in the new issue CLO market has ended with a bang as MJX Asset Management refinanced a deal on Thursday while American Money Management (reset) and CVC Credit Partners (new US CLO) have priced today

Alcentra cuts coupon on senior notes by 29bp in 2014 euro CLO refi
Market sources say that Alcentra has refinanced €451.3 million worth of debt in Jubilee CLO 2014-XIV. The deal sees the class A notes effectively paying investors 65 basis points

Tetragon-backed US CLO achieves 127bp triple-A print
TCI Capital Management – the multi-manager US CLO platform run by Tetragon – has priced a new US CLO

Natixis wraps up busy week to price $610 million CLO for new client
Natixis has priced a new CLO for a large US manager, which has typically rotated between BAML and Citi for its CLO issuance

Investcorp resets 2015 CLO in a quiet week for Europe
In an otherwise quiet week for the European CLO primary market, Investcorp Credit Management priced a reset of its 2015 deal Harvest XI on Wednesday

ArrowMark takes inspiration from door sign as it prices first CLO of 2017
ArrowMark Partners has priced its first CLO of 2017, teaming up on the new US deal with Goldman Sachs

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.