Apollo looks elsewhere, saying CLOs suffer from commoditization
The alternative asset manager said CLOs have tightened to levels that are unsustainable

Ares diversifies away from institutional, commingled private funds
During the second quarter, 55% of capital came from the institutional channel and just 30% of this was for its traditional funds

NYS Common Retirement Fund to invest USD 100m in Pearl Diver's distressed CLO fund
Public Pensions, Private Pursuits: New York State, Ohio pensions reveal recent private credit investments 

Carlyle promotes credit head to co-president amid senior reshuffle
Mark Jenkins joins John Redett and Jeff Nedelman as new co-presidents of Carlyle

Private credit managers find “white space” even as capital concentrates among the few – Mercer
Institutional investors commit most of their capital to established private credit firms of scale, but they’re often more willing to take a chance on newcomers in strategies outside of direct lending

US MM CLO Rankings – Q2 2025
Golub again leads the way among mid-market managers with an almost 25% market share, as Scotia continues its rise up the arranger ranks

Dechert adds two partners for private funds, rated note capabilities
The two will bring expertise to help credit managers navigate the formation of private funds, rated funds, CLO equity funds and derivatives

Man Group to acquire CLO and private credit manager Bardin Hill
The USD 3bn credit manager, now named Bardin Hill, is a private credit and US CLO shop based in New York

Monroe launches client solutions group to build blended portfolios
EXCLUSIVE: The private credit firm is forming a team to build products that mix investments across strategies such as direct lending, CLOs, structured credit, venture and more

Blackstone prices US private credit CLO – its third static deal of 2025
The manager has issued its third non-reinvesting CLO for the year in a near-USD 600m transaction

AB upsizes new-issue private credit CLO
The manager's first new mid-market print since February priced its triple As at SOFR plus 153bps

Jefferies resets 2023 middle market CLO, cuts AAA spread by 100bps
The deal priced its senior triple As at SOFR plus 165bps

Audax sets lowest AAA tight for new mid-market CLOs in three months
The manager's latest new issue priced its triple As at SOFR plus 160bps, a low for the current market

Sound Point hires former Alcentra president as CFO steps down
CFO Kevin Gerlitz is retiring from the role after 16 years

Golub reset of middle market CLO employs complex capital structure
The reset featured six tranches for triple A coupons

Golub and Antares price almost USD 2.5bn of mid-market CLOs on bumper day of issuance
BNP Paribas arranged a trio of CLO resets between the two managers

US MM CLO Rankings – May 2025
Golub and Wells Fargo emerged on top in Creditflux's latest monthly mid-market CLO rankings for managers and arrangers

Monroe Capital Partners returns to primary market with first 2025 print
The deal’s upper mezz priced in line with earlier investor guidance, but the triple Bs priced notably wide, with the spread remaining unchanged from its pre-reset level

Turning Rock hires head of credit
The new head of credit joins from Z Capital Group, where he oversaw both funds and CLOs

News in brief
US credit returns fail to reflect risk

As direct lenders seek efficient, scalable financing tools, private credit CLOs are growing fast
PCLOs have reached USD 135bn, or 13% of the overall CLO market

Silver Point prints new private credit CLO
It is the second new issue private credit CLO from the manager this year

Bain tightens triple A benchmark for private credit CLOs
The USD 349.13m private credit CLO lowered the current triple A tight for mid-market CLOs by one basis point, to SOFR plus 162bps

BlackRock issues new private credit CLO with triple As at emerging mid-160 level
BlackRock Mt. Lassen CLO XV is the manager's first new mid-market deal since July last year

Mid-market CLO rally unlikely to endure — S&P Global
The positive start to the year has been undercut by uncertainty stemming from the Trump administration’s new tariff regime