Mid market CLO league tables: Golub keeps hold of top spot
A busy start to March saw three new mid-market deals by three new managers hit the market

Owl Rock becomes last investment grade BDC to win increased leverage approval
Owl Rock Capital Corporation has become the last investment grade business development company to cut its asset coverage requirement from 200% to 150%, after receiving unaminous approval from its board of directors on Tuesday

Global mid market CLO league tables: Golub and Natixis lead by a distance
Golub Capital and Natixis dominated the mid market CLO space in 2019 in the manager and arranger league tables, respectively

Mid market CLO league tables: first time managers crack the top five
Five new issue middle market CLOs priced in November for a combined total of $2 billion with Audax and Owl Rock doubling down in 2019.

Dyal buys 20% stake in direct lender Owl Rock
Neuberger Berman’s Dyal Capital Partners has acquired a 20% stake in direct lender Owl Rock Capital, adding to the roster of private credit specialists Dyal has in its portfolio

Owl Rock gives two hoots after issuing second low-levered CLO
Owl Rock is sticking to its low-levered CLO strategy after pricing Owl Rock CLO II, backed by middle market loans, on Friday

California pension approves $10 million for Owl Rock first lien loan fund
A US pension fund has awarded $10 million to Owl Rock First Lien Fund, managed by middle market lender Owl Rock Capital Advisors

Market rallies as key CLO investor retreats

New generation of US CLO managers battle to join industry top ranks
The US CLO manager base is growing at its fastest rate for years, with new firms springing up all over the country to issue these transactions

Owl Rock hires ex-Credit Suisse official to New York team
The middle market lender has hired Credit Suisse's former head of US high yield bridge finance 

South Carolina pension backs tech-focused BDC
South Carolina Retirement System Investment Commission (RSIC) has committed $100 million to Owl Rock Technology Finance Corporation, according to documents seen by Creditflux  

US pension replaces Cliffwater with Meketa
Connecticut Retirement Plans and Trust Funds has selected Meketa as a consultant to oversee its opportunistic investments, which consists of direct lending and opportunistic credit investments, along with investments in hedge funds and real assets.  

CLOs at a glance

A round-up of CLO performance

Mid market CLO league tables: Owl Rock debuts in big month
With $2.88 billion in transactions, April was the busiest month of the year for middle market CLOs

Mid market CLO round-up: Owl Rock perches in the CLO space with debut deal
There was a flurry of activity in the middle market CLO space last week

Owl Rock rolls into the CLO market with debut transaction
The CLO market welcomed a new debut manager yesterday as Owl Rock Capital Advisors priced its inaugural transaction named Owl Rock CLO I

CLO pipeline: managers decide there's no point hanging about with quick-fire CLOs
The CLO pipeline for the coming week shows signs of decent flow as managers ready themselves to offload deals. 

Owl Rock opens Silicon Valley office focused on technology origination
The $12 billion direct lender anticipates the office will better serve financial sponsors operating in the technology sector

CLO manager base to boom as four debut managers plan first-quarter launch with JP Morgan top choice of arranger
The US CLO market welcomed four new managers in 2018, but this year the same number could be launching in just the first quarter

Owl Rock eyes first ever CLO transaction as Natixis scores mandate
Owl Rock Capital Partners is ramping its first ever CLO transaction backed by middle market loans, with plans to print in early 2019

Owl Rock rakes in $1.53 billion for tech-focused BDC
Owl Rock Capital is spreading its fundraising wings, with the New York-based manager raising at least $1.53 billion for its technology-focused business development company

New Jersey pension fund allocates $100 million to tech-focused BDC
The State of New Jersey Department of Treasury has awarded $100 million to a direct lender's sector-focused BDC

Owl Rock targets $1 billion for first lien-focused loan fund
New York-headquartered credit manager Owl Rock is eyeing a massive $1 billion for its new first-lien debt focused vehicle, which will sit alongside its existing BDCs 

Direct lender taps talent from Gallatin, GSAM and Abbott for senior roles
Owl Rock Capital Partners has welcomed three new senior hires, including a chief compliance officer and two managing directors

Credit fundraising hits $11.1bn in September
$11.1 billion was raised for credit-orientated strategies in September, according to Creditflux’s fundraising tracker. Just over half of this ($5.6 billion) comes from direct lending funds