Credit markets have become more stable and behave differently – KKR’s Eddie O’Neill
PODCAST: The co-head of global liquid credit at KKR sees opportunities and reasons for optimism after the recent market upheaval, especially in Europe and Asia in the latest "Credit Exchange with Lisa Lee" podcast

Siepe hires two from US Bank to boost CLO, private credit tools
The software and technology service provider for CLO and private credit managers is expanding its team

Macquarie moves forward on entering CLO management business
EXCLUSIVE: The Australian-headquartered firm has hired a top-tier bank to arrange its first US CLO

Expect wider credit spreads, compelling opportunities in CLOs – Bain Capital’s John Wright
PODCAST: Latest guest on the Credit Exchange podcast is "pretty excited" about CLO debt and expects spreads to widen

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins

CLO manager M&A driven by search for talent and scale
Irradiant’s star investor Maji set to depart as firm is acquired

International trading systems were broken before Trump started smashing them up
Whether he succeeds in using economic might to assert US authority in the world, Trump will be brandishing the weapon of tariffs in an already fragile international trading system.

Credit funds at a glance - January 2025
Fund performance, recent hires, recent fundraising

Fund performance - December 2024
CLO funds cap off strong 2024 with yet another good month

Fidelity Investments prices new US BSL CLO with AAAs at 131bps
Fidelity Investments, working through its CLO-management subsidiary Ballyrock Investment Advisers, has printed its second new US BSL deal of the year

Fund performance - Emerging markets index takes top spot in solid month for credit overall
September was another positive month for credit funds. In almost every category our indices were positive, and four strategies showed solid average returns of 1% or more. 

Mizuho takes minority stake in Golub, strikes distribution agreement
Mizuho Financial Group has acquired a passive, minority stake in Golub Capital’s management companies as part of a strategic partnership

Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Investors flock to CLOs as interest rates stay high
A surge in demand from global investors combined with flat net supply has winnowed down yields in the USD 1.3tn CLO market. And the outlook is for another step down for spreads despite last month’s record issuance.

Japanese banks and insurers appreciate stability of CLOs and increase investment
Big banks. Regional banks. Life insurers. From one end of the country to the other, Japan is seeing a resurgence of interest in the global CLO market.

Norinchukin Bank signals potential increase in CLO allocation, according to research
Japan’s Norinchukin Bank has seemingly signalled it could increase its allocations toward CLOs, according to a research report by Deutsche Bank.

New and old Japanese buyers look to booming CLO market
Japanese investors are ramping up investing in the USD 1.3tr CLO market with new investors looking to enter the space as well as traditional buyers increasing allocations

Sona prices CLO number two
Sona Asset Management wrapped up a hectic week when it priced its second new European CLO this afternoon

Credit hedge funds
Credit hedge funds

Credit funds at a glance
Credit funds at a glance

Direct lender and CLO manager expands into Japan
The US private credit and direct lending specialist has opened its first Japanese office, and hired a new senior VP to oversee the office

Credit hedge funds
Credit hedge fund performance

Banks support triple As as insurers and asset managers step awa
While attention is focused on what the proposed risk-weighted asset (RWA) implementation of Basel 3 will mean for US banks, European banks have already become the dominate buyers of CLO triple A paper.

Polls close tomorrow for the Creditflux CLO Census 2023
With two days of voting left the seventh instalment of Creditflux’s CLO Census is already the biggest ever with 397 participants

Allen & Overy and Shearman & Sterling partners affirm merger
The partnership will help both firms expand internationally while changing the legal landscape