Pearl Diver collects $400 million for CLO fund
CLO investor Pearl Diver Capital has finalised fundraising for its latest CLO fund at $400 million, exceeding an initial $300 million target size

Manager holds first close on debut control US CLO equity fund
A $3.1 billion manager is on the fundraising trail for its debut CLO equity fund, after holding a first close from internal capital earlier this year

Would-be CLO managers change tack to distressed
Institutional investors are allocating to distressed debt at a record rate, leading some first-time CLO managers to adjust their business plans

Symphony raises $77 million for CLO fund
Symphony Asset Management has collected $77 million on a first close for a CLO equity fund dubbed Nuveen CLO Issuance Fund

Another CLO ETF emerges as Alternative Access unveils senior tranche fund
You wait ages for one CLO exchange-traded fund to emerge and then two come along at once: Alternative Access Funds has launched AAF First Priority CLO Bond ETF, which will take exposure to triple A-rated US CLO tranches

US CLO manager to dance to its own tune with breakthrough CLO equity fund
A large US CLO manager is on the verge of a first close for a fund that will invest in the majority of its CLOs, ending its reliance on third-party CLO equity investors

DFG raises $350 million for multiple CLO investment strategies
DFG Investment Advisers has raised about $350 million for CLO investment strategies this year, according to market sources

Fund manager hires Hayfin's structured credit head and launches CLO fund
An experienced CLO and structured credit fund manager has hired from Hayfin Capital Management as it targets $300 million for a CLO fund

Waiting game pays off for European pension fund
Finnish pension fund Ilmarinen has been investing more in European CLO tranches after valuations dipped to their lowest levels in a decade, thanks to a distressed CLO fund strategy it put in place two years ago.

Carlyle defers $4 million CLO sub fees after loan downgrades
Carlyle Group deferred $4 million CLO subordinated fees in the first quarter, as a result of rating downgrades across the industry, the firm's quarterly earnings call revealed

CSAM holds second close on drawdown CLO fund
Credit Suisse Asset Management is set to hold a second close on a CLO fund it launched late last year.

Former BofA CLO trading head lands at Swiss wealth manager after fundraise
Bank of America’s former European CLO trading head has landed at Swiss asset manager ISP Group 

CLO double Bs begin bounce back in b-wic bonanza

GSO aims to place US CLOs in Europe
GSO Capital Partners has launched a manager entity named Blackstone/GSO CLO Management LLC in an effort to sell US CLOs into Europe.

Volatility wave brings index-linked CLO funds into play
Defensive positioning from loan managers has led to bifurcation in that market, but CLO fund managers are taking an attack-minded approach with ‘index-linked funds’.

CLOs wrestle back control of the European loan market
The share of European loans bought by CLOs is now larger than those acquired by loan managed accounts and hedge funds, according to a research paper by Barclays.

Inflows boost structured credit mutual funds
Low rates have seen loan mutual funds battle $42 billion of outflows this year, but structured credit funds have been able to grow while capitalising on this volatility, according to sources.

Orchard targets CLO investments in fruitful year of fundraising
Orchard Global Asset Management is in the process of fundraising for its first CLO focussed fund, according to market sources. The firm is targeting the global CLO market and looking across the capital stack.

CIFC targets majority equity with latest CLO fund
CIFC Asset Management is making a quick-fire return to the market with yet another CLO-focussed fund – this time, the CLO manager is in the process of fundraising for a CLO equity fund, according to market sources

Eagle Point prices IPO for junior CLO debt fund
Eagle Point Credit Management yesterday announced the pricing of an IPO for its CLO junior debt fund named Eagle Point Income Company

Eagle Point looks to complete IPO for CLO debt fund
Eagle Point Credit Management is looking to complete an IPO for a fund which invests in double B-rated CLOs, according to documents filed with the SEC

Tetragon raises $430 million for new CLO equity fund
Tetragon Credit Income III closes with total commitments of $430 million

Nassau lures bank's CLO origination head as it adds investment arm to manager business
Nassau Re has poached a bank's head of CLO syndicate and origination as it launches a CLO equity and debt investment platform

Pearl Diver launches new CLO funds and expands into US with New York office
CLO equity investor Pearl Diver Capital is in full-on expansion mode with the launch of new funds and the opening of its US office in New York

CIFC raises $139 million for second CLO investment fund
CIFC Asset Management has raised $139 million from a total of 37 investors for its second CLO focused fund, according to US SEC filings