CLO round-up: blinded by the tights
Secondary CLO spreads continued to grind tighter this week and, at last, the primary market began to follow in both the US and Europe

Triple As tighten to 170bp as Ares resets 2022 CLO
Ares Management teamed up with JP Morgan on Monday to reset its 2022 deal named Ares CLO LXVI, with the triple A notes matching the tightest print of the year

CLO round-up: secondary market rallies amid increased primary supply
CLO primary activity increased across the board this week, with US new issue supply amounting to $1.8 billion - up 48.7% on the week prior - while in Europe supply increased 208.8% to €1.2 billion

Trinitas prints its second US CLO of the year
Trinitas Capital Management has priced its second new US CLO of 2023

2023's mid market CLO volumes pass $13 billion as Ivy Hill prices
Ivy Hill Asset Management priced its second middle market CLO of the year on Wednesday named Ivy Hill Middle Market Credit Fund XXI

Blackstone hires sell-side CLO trading head
Blackstone Credit is beefing up its team with a new hire to the liquid credit strategies group. 

CSAM breaks the mould with first broadly syndicated reset of the year
Madison Park Funding LXII priced on Tuesday, according to market sources, and is the first broadly-syndicated CLO to reset in 2023.

AGL on a roll as it prices second deal in a month
AGL Credit Management continued its dramatic growth in the CLO market this week, pricing AGL CLO 26 with one of the tightest prints seen this year.

DoubleLine breaks US CLO issuance deadlock with first deal in 18 months
DoubleLine Capital priced its first new CLO in over 18 months on Friday, breaking the issuance deadlock that bound the US market this last week

US CLO league tables: Palmer Square back on top as BofA marches on
Palmer Square Capital Management retook the lead of the US CLO manager league tables for the first time since January

Global CLO league tables - May 2023 YTD
Global CLO league tables - May 2023 YTD

Proportion of CLO managers buying own equity rises to 70% in 2023, conference hears
Panelists at the Annual CLO Industry Conference hosted by the LSTA and DealCatalyst in New York on Tuesday shared data on the number of CLO managers buying their own equity and the portion of issuance volumes accounted for by the top tier of managers

Beach Point makes primary market return with second JP Morgan-arranged CLO
Beach Point Capital Management priced its second CLO named Sandstone Peak CLO II on Friday

Global CLO trader joins Nearwater to head new London office
Nearwater Capital is understood to be expanding its global footprint having hired an experienced CLO trader in London 

US CLO league tables: CVC team with BofA to grab lead
$5.4 billion of US CLO new issues priced last month, which marked the 11^th straight month with no forms of refinancing pricing

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Palmer Square becomes first to print three US CLOs in 2023
Palmer Square Capital Management became the first CLO manager to print three US deals in 2023 on Thursday

Irradiant goes for three-year reinvestment period on new CLO
Irradiant Partners priced a new CLO on Thursday with a three-year reinvestment period

Senior global CLO trader leaves JP Morgan after 20 years
A senior global CLO trader has parted ways with the bank after two decades

US CLO league tables: BofA takes CLO lead as new issues keep calm and carry on
US CLO issuance dropped last month as the banking crisis gripped financial markets when Silicon Valley Bank and Signature Bank failed and troubled Credit Suisse was sold for below market value

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Weekly US CLO issuance volumes pass $2.5 billion as Putnam prices
Putnam Advisory Company priced a new CLO via JP Morgan on Friday named 37 Capital CLO 3 at $353.76 million

New York Life ends 16-month new issue absence with new CLO
New York Life Investors priced a new CLO via JP Morgan on Monday, bringing to an end a 16 month absence from the new issue space

US CLO pipeline: issuers takes credit sell-off in their stride as supply picks up
Despite the collapse of Silicon Valley Bank and Signature Bank in the last week, the CLO machine has continued to churn with just shy of $5 billion of US and mid market CLO issuance this week

US CLO league tables: JP Morgan knocks BofA off top spot and Invesco displaces Palmer Square

28 US CLO managers braved the waters in February and between them, they brought over $12 billion of new issuance to market. This takes the manager base this year to 39 already