KKR Credit becomes first to price new issue CLO with L-shaped retention
KKR priced its third new issue US CLO of the year yesterday and opted for an L-shaped risk retention strategy for the first time

KKR raises $7 billion through strategic investor partnerships
KKR is prioritising strategic partnerships with institutional investors and longer lock-up vehicles, according to officials at the firm

Euro CLO round-up: KKR Credit prices record-setting CLO
Times are good for European CLO managers (on the liability side of things at least) with CLO spreads as tight as they have been since the rebirth of the market in 2013

KKR prices Europe's tightest 2.0 CLO reset, with triple As at 81bp
KKR Credit Advisors priced its fourth European CLO transaction of the year yesterday

KKR's private credit fund fund targets Hong Kong and now South Korea
KKR has raised $301.1 million for its KKR Private Credit Opportunities Partners II (EEA) LP fund, which appears to be targeting Asia-based investors

KKR plans €519.8 million European CLO reset
The Dublin based team is expecting to price the transaction on 16 October, according to market sources

US managers win South Korean investment
Ares, Audax and KKR are among the cluster of fund managers that have put their hearts and minds into marketing credit funds in Seoul – with great success

Goldman Sachs and KKR private credit funds win Korean investors
Korea Post has decided to commit $200 million to a new mezzanine debt fund from Goldman Sachs and $100 million to KKR Credit’s global mezzanine fund, according to local media reports

Magnetar poaches former KKR private credit specialist
Alternative asset manager Magnetar Capital has hired private credit specialist Erik Falk from private equity firm Kohlberg, Kravis, Roberts & Co

US CLO round-up: 2017's leading managers come back for more
Three of the most active managers in the CLO market this year – including two who dared venture into the primary market in the opening weeks of 2017 – returned to price their latest CLO transactions this week. We look at which managers have been most active in 2017 across new issue, refis and resets

KKR prices triple As at 123bp in latest CLO reset featuring a yen repack
KKR Credit has priced a reset of its 2014-vintage deal KKR CLO 10. The reset triple As priced at 123bp - which is inside two new issues that have printed this week

Market opens up for yen repacks of CLOs as KKR Credit and MJX plan resets
In the last couple of years CLOs have been refinanced, reset and repackaged with a fair degree of regularity. Now for the first time, repacks of resets are set to occur

KKR slashes cost of debt by 46bp following latest European CLO reset
The €419.5 million deal was arranged by Goldman Sachs, and cut the cost of debt to 161bp according to market sources

KKR Credit's upcoming direct lending fund surpasses $600 million
Fundraising for direct lending strategies is firmly on the agenda at KKR

Dublin-based manager looks to reset third CLO of 2017
The manager is working with Goldman Sachs to arrange the reset, and is seeking to upsize the deal's debt trances to €373.5 million

KKR Credit shaves 45bp off cost of debt in US CLO refi
The $368 million refi of the manager's 2015 CLO saw the spreads decrease on all six classes of debt notes 

KKR prices its second US CLO of 2017 in $713 million deal
KKR Credit has issued its second US CLO of the year with sources indicating that the manager priced a $713 million deal with Credit Suisse yesterday

Ares and KKR score five-year resets for US CLOs
Amid a burst of US CLO new issue activity, Friday saw two relatively rare five-year resets

Mid-west pension fund approves credit allocations to KKR and Avenue
A mid-west pension fund has upped its allocation to KKR’s latest direct lending strategy

It pays to eat your own cooking
CLO managers affiliated with PE firms buy extra debt from companies owned by those firms – and it seems to give them an advantage

Investors agree wind-up call for KKR euro CLO 1.0
Investors have approved a plan that will allow KKR Credit to wind down a poorly performing 2006 European CLO

Morgan Stanley reset slashes funding cost on KKR euro CLO
KKR Credit has priced a reset of its mid-2014 European CLO Avoca CLO XI, according to market sources

KKR Credit seeks investor wind-up vote for another euro CLO 1.0
KKR Credit has proposed to wind down a 2006 European CLO, according to an investor notice

JP Morgan credit specialist set to join large credit manager in London
An experienced banker is leaving the leveraged finance desk at JP Morgan ahead of a move to the buy side. He is set to be involved with his new employer's upcoming direct lending fund

Past returns: early risk retainers
Five years ago in Creditflux we reported on JP Morgan shutting down its special situations prop trading desk in London