European new issues re-start as HPS prices EUR 407m CLO
The deal – the first new European deal in almost four weeks – priced its triple As at Euribor plus 140bps

HPS prepping to issue a European CLO, the first for the market in three weeks
EXCLUSIVE: The manager is looking to price a new European CLO via Jefferies next week, with expectations of wider spreads than before the April volatility 

HPS undertakes second reset and renaming of 2017-vintage Euro CLO
The deal takes the manager’s total European issuance for the year to over EUR 1.2bn

HPS, Capital Four print 2019-vintage Euro resets
Both deals widened spreads on their triple As and increased their overall cost of funding as part of the repricings  

HPS achieves sub-120 AAA spread deals with new US CLO
Having already printed new European and private credit CLOs in 2025, HPS priced its first new US BSL deal of the year  

HPS and Palmer Square CLO AAAs hit 125 in Europe
The two new-issue deals that priced last week were among the tightest to price since the start of the year

HPS upsizes latest European new issue
HPS Investment Partners has increased post-pricing its latest new-issue European CLO – Aqueduct European CLO 10 -- by EUR 153.4m to EUR 610.8m

HPS fundraises to invest in CLOs
HPS Investment Partners has been fundraising for CLO investments and has made two registrations for CLO funds in Luxembourg

HPS prints new vanilla deal as European market maintains momentum
A new EUR 457.4m BSL CLO from HPS continued the unusually strong bout of December issuance momentum

European CLO market expects to maintain deal momentum far into December
European CLO market is bracing for a unusally busy December with deals expected from HPS, Polus and PGIM

BlackRock acquires HPS in USD 12bn deal
BlackRock has acquired HPS Investment Partners for USD 12bn in an all-stock transaction, creating a private credit franchise with a combined USD 220bn in client assets

2023-vintage Euro CLO reset sees major tightening
HPS Investment Partners returned to the market yesterday with its seventh deal of 2024, a reset of an early 2023-vintage European CLO

CLO manager Boswell leaves Ninety One for HPS
Jeff Boswell has departed Ninety One to manage European CLOs at HPS

European CLO triple As hit 146
European senior spreads hit a new tight last week in a new CLO with the tightest weighted average cost of capital of any European CLO so far this year

Euro CLO league tables: Three managers take advantage of tightening to kick off the year
The European CLO market started 2023 considerably tighter than where it left in 2022, with triple A spreads tightening by as much as 35 basis points

Euro CLO market re-opens as HPS breaks new issue duck with triple As at 205bp
HPS Investment Management has become the first European CLO issuer of the year, pricing Aqueduct European CLO 7-2022 and shaving off 10bp off triple A price guidance

HPS targets tomorrow for Euro CLO with triple As guided around 215bp
Price guidance on HPS Euro CLO is revealed 

HPS pre-markets 81%-plus ramped European CLO
HPS Investment Partners is pre-marketing a new issue European CLO, which is understood to be over 80% ramped

We made the most of a tricky situation
The contrast between 2021 and the following 12 months could not have been starker. But although some heavy hitters remained on the sidelines, 94 US CLO managers priced new deals in 2022

LP round up: 27 managers find the top corner with investor wins
Credit fund managers like to take it one fund at a time and give it 110% for their 90-minute investor fund pitches - and it's working as $3.8 billion was allocated during November and early December. The gaffer would be proud. 

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Credit funds at a glance (August 2022)
A round up of fundraising and people moves in credit
   

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

LP round up: Fidelity wins big, Pacific retains loan mandate, pensions eye distressed
The month also included one CLO fund commitment, one high yield manager search, one finalised US loans mandate and one $400 million multi-sector fixed income managed account mandate

HPS resets 2017 CLO bought from Bardin Hill
HPS Investment Partners has reset and upsized a 2017 CLO it acquired from Bardin Hill Investment Partners in 2021