CLO round-up: Columbia and CSAM produce 100%-plus annualised distributions
Amidst the reset and refi environment, Columbia Management and Credit Suisse Asset Management have pleased the equity investors in their CLOs by delivering 100%-plus annualised payments in May

CLO round up: manager tiering hits US market
New issuance volumes overtook those of refinanced deals in the CLO market last week. $1.63 billion of new issue printed in the US

It's essential to be senior in the capital structure
Concise Capital's Glenn Koach takes our credit quiz

Investing ethically is worth it
Managers could see less volatile returns as a result of their increasing adoption of ESG-friendly portfolios; meanwhile direct lending is spreading across Europe

Who cares about risk retention?
Managers watching CLO spreads reach their tightest levels since the crisis had little time to fret about US risk retention

The seven deadly sins of credit fund reporting
Writing investor reports can be a thankless task, but there are ways to avoid the most sinful errors

Libor switch adds to squeeze on CLO equity
An option at the disposal of loan issuers could give CLO equity investors a serious headache

Boutique CLO managers boss secondary market
Creditflux analysis shows that, when their total assets are taken into account, small managers' CLOs are more liquid than those of large managers 

Black Diamond credit hedge fund joins Creditflux listings
Black Diamond Credit Strategies Master Fund is the latest addition to Creditflux’s growing hedge fund listings

Prytania fund registers big gains after transitioning from CLO debt to equity
Prytania Investment Advisors has continued its impressive start to 2017

Refinancings have helped flatten US CLO term structures, finds bank
According to a note by a bank's CLO desk, the basis between US triple As with five years of investment versus one year is just six basis points

CLO round-up: Investcorp tops table of highest 2.0 equity distributions
This month has seen the largest 2.0 CLO equity distribution ever, according to CLO-i data

Index curve trades boost LMCG credit fund
Credit index curve trades have boosted LMCG’s Serenitas Credit Gamma Master Fund

US CLO triple-A spreads reach 99bp after Sound Point CLO refi
Triple-A CLO spreads have dipped below 100 basis points in the US market with investor sources reporting that senior notes in Sound Point CLO III priced at 99bp as part of a refinancing

Secondary CLO round-up: investors bid up 2013 BlueMountain CLO
The secondary CLO market slowed down last week, but there was still plenty of mezzanine CLO paper in for the bid, according to data from CLO-i.

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February

Carlyle to redeem 2012 vintage CLO later this month
The Carlyle Group is preparing to redeem its 2012 vintage CLO, Carlyle GMS CLO 2012-2, later this month

GSO Capital pools retention vehicles as it debuts MOA
GSO Capital has launched its first globally risk retention compliant CLO, it has emerged

Investors redeem manager's legacy CLO for 22% final IRR
A US credit manager is down to one outstanding pre-crisis deal after redeeming a strongly-performing 2007 vintage CLO last week

LMCG credit fund turns defensive after near 4% one-month return
LMCG’s Serenitas Credit Gamma Master Fund posted a return of 3.58% for February, according to a note sent to investors

Apollo to liquidate last 1.0 CLO today with $67 million loan b-wic
Apollo Global Management is set to redeem its last outstanding 1.0 CLO via a loan b-wic later today, according to market sources

CLO fund manager posts 68% IRRs thanks to active trading strategy
A CLO fund managed by a Greenwich-based credit manager has recorded stellar returns in its first year