KKR issues 2023-vintage US reset
KKR’s latest US CLO reset priced via Citi as a USD 465m transaction

Oklahoma system allocates USD 1.3bn as others set 2026 targets
OTRS commits USD 1.3bn to Blackstone, KKR private credit funds, while Los Angeles, New Hampshire, San Antonio pensions disclose recent moves

Florida, New Mexico systems commit hundreds of millions to direct lending
Florida commits USD 1bn to European direct lending; New Mexico allocates USD 450m at November meeting; Illinois, San Diego pensions also disclose recent commitments

Watch out for the cockroaches
After the collapse of First Brands, some of the biggest hitters in global finance have been quick to argue that any bugs in the system won’t affect them — but are bad news for everyone else

KKR resets US CLO for first time since 2017
The 12-year-old KKR Financial CLO 2013-1 recapitalised its debt tranches to the tune of around USD 243.5m in the repricing

Euro AAAs tighten to mid-120s with new KKR issue
Avoca CLO XXXIV lowered the existing market tight by two bps, to Euribor plus 126bps

Aviva’s new pension strategy to allocate 20%-25% to private markets
My Future Vision has partnered with Neuberger, KKR, Apollo and others to deliver private markets access to pension savers 

KKR’s Avoca XXX resets at current Euro tight
The deal matches KKR's own triple A tight of Euribor plus 128bps, set with the reset of Avoca CLO XXIX at the end of August

KKR, Warwick print 2023-vintage US resets
Both deals issued their triple As at SOFR plus 128bps

Evolving M&A is transforming the capital formation landscape – KKR
'Critical' link between M&A and credit is set to fuel growth in private markets

KKR breaks 130 barrier for Euro CLOs as brace of resets wrap up August
KKR has smashed the 130 barrier for standard-duration European CLO triple As for the first time since April, while Redding Ridge and BlueBay also priced resets to end the month

KKR prices fourth new US BSL CLO for the year
KKR CLO 58 takes the manager’s total issuance for the year to over USD 8bn

KKR appoints head of private credit in Japan
Former Goldman Sachs executive Ken Murata is KKR’s first private credit hire in Japan

KKR grows ABF business to USD 75bn, expands origination
The alternative asset manager acquired a majority stake in a biopharma royalties business this week to add to its asset-backed finance business

KKR keeps busy with new Euro print
The deal comes the day after the manager priced the tightest European reset since April, both deals issuing their triple As at Euribor plus 132bps

KKR resets short-dated US deal from last year
The USD 373m reworking renewed KKR CLO 45a on a standard 2Y/5Y timeline

KKR raises USD 6.5bn, doubling the size of prior asset-backed finance fund
The sophomore fund in the series will invest in private credit investments backed by large, diversified pools of financial and hard assets

KKR prices tightest Euro reset since April
Tuesday's reworking of the nine-year-old Avoca CLO XVII issued its triple As at Euribor plus 132bps

KKR issues third new US CLO for the year
The USD 402.5m deal priced its senior triple As at SOFR plus 133bps

Seven managers make up 90% of private credit fundraising – Morningstar
Over the last five years, Apollo alone accounted for 29% of all capital raised for private credit

Virginia, New Mexico among pension systems making new private credit commitments
Virginia Retirement System allocates USD 500m under credit strategies portfolio, while New Mexico State Investment Council allocates USD 250m to Fortress Investment Group and Indiana Public Retirement System commits USD 200m to HPS

KKR prices second new Euro issue for the year
The deal saw its triple As clear at Euribor plus 133bps

KKR resets 2019-vintage Euro deal with increased cost of funding
Friday's print was the second repricing of Avoca CLO XX, following a partial refi in 2021

KKR takes year-to-date US issuance to USD 2.5bn with latest reset
The USD 313m repricing of KKR CLO 52 reworked a deal that originally printed in May 2023

Mapping the present and future of credit
Keynote speakers at this year’s Creditflux Symposium highlighted the success of credit markets during recent volatility and argued that a wave of securitisation could drive growth in Europe