Minnesota pension to invest $300 million in distressed and private credit funds
Minnesota State Board of Investments is set to invest $100 million in a mezzanine debt fund and $200 million in a distressed debt fund

US pension injects $300 million into mezzanine debt and high yield
Virginia Retirement System has earmarked $300 million for investments in high yield and mezzanine debt, according to a document seen by Creditflux.  

HPS and Nomura team up in first-time CLO partnership
HPS Investment Partners has teamed up with Nomura for the two firms' first CLO transaction as a partnership

CLO pipeline: refis can't wait till after summer
The CLO market in both the US and Europe looks to be slowing down in the near future with only two deals added to the running pipeline.  

Enhanced CLOs are no more enhancing than run-of-the-mill distressed funds
Triple C-heavy CLOs that try to time the market may be paying for options they never use

HPS scores tightest print on Friday as CLO volumes soar
HPS Investment Partners stood out from the pack on Friday with some of the tightest debt execution on a day in which a huge $2.89 billion CLO paper was brought to market in the US

Controlling equity stake in 2018 CLO fails to trade in secondary market
Over 90% of an equity tranche from a 2018 Sound Point Capital Management CLO was available on b-wic yesterday but failed to trade  

Correction: US CLO round-up: newcomers make waves in CBOs and mid market
The CLO market is showing little sign of constraint as three new names entered the market last week – two debut middle market deals priced while one US CBO closed

HPS shakes things up with first three-year CLO
HPS Investment Partners has shaken up its CLO reinvestment strategy to price its first short dated-deal

HPS targets $8 billion for flagship mezzanine strategy
HPS Mezzanine Partners 2019, the firm's fourth fund in its mezzanine strategy, has won $100 million from a Louisiana pension fund 

Keep calm and buy corporate loans
Calm heads prevailed in 2018. Markets were volatile and risk retention was supposed to cause problems, but there was no need to panic and volumes went on to break records set in 2014

Hyundai allocates $250 million to US real estate debt
Hyundai Investments has mandated $250 million to a real estate debt fund co-managed by Related Cos and HPS Investment Partners

HPS targets CLOs with new fund
The New York-based manager has raised nearly $100 million for its second opportunistic CLO fund, according to SEC filings

HPS takes leaf from Ellington's CLO book with 50% triple C bucket
HPS Investment Partners has priced its inaugural high-triple C bucket CLO via Citi

HPS markets CLO via Citi with 50% triple C bucket
HPS Investment Partners is set to become the largest manager to date to launch a CLO with a 50% triple C allowance

HPS prices first five-year CLO of the month
HPS Investment Partners has priced a $517 million reset of its 2015 deal named HPS Loan Management 5-2015

HPS expands in distressed debt by taking over Dallas-based Tålamod
HPS Investment Partners has struck a deal to bring on board the investment team from Dallas-based distressed debt specialist Tålamod Asset Management

Fair Oaks acquires control equity position in new US CLO
Fair Oaks Capital has acquired a control equity position in a new US CLO managed by HPS Investment Partners, according to a stock exchange announcement

Deutsche Bank's CLO desk wins new client after pricing HPS deal
Deutsche Bank has issued its first CLO transaction in partnership with HPS Investment Partners

Houlihan Lokey launches US loan platform and signs up HPS
Global investment bank Houlihan Lokey has launched a new syndicated leveraged finance platform as part of its capital markets group in response to “significant client demand” 

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

HPS prices $458.75 million CLO reset via Goldman
HPS Investment Management priced a $458.75 million CLO reset on Friday

HPS set to add junior triple As to 2016 CLO in $515.98 million reset
HPS has mandated Goldman Sachs to reset its $515.98 million CLO, HSP Loan Management 8-2016, according to a presale report from Standard and Poor’s

HPS gets off the mark with first new issue CLO of the year
HPS Investment Partners priced its first new issue deal of the year yesterday in a $510.55 million transaction arranged by Bank of America Merrill Lynch

B-wic round-up: above par bids flood in for CLO double Bs
$401.43 million worth of CLO paper was available via b-wics last week out of which $378.23 million (94.2%) traded, according to CLO-i