HPS makes big hire with CLO head Frey set to retire
HPS Investment Partners is set to hire the former CLO head at a rival issuer as well known loan PM David Frey prepares to step down   

European CLO trader resurfaces at Natixis
Natixis has hired a European CLO and ABS trader to its team

CLO life experiences part I: "We have not reflected the communities we serve"
In the first in a three-part series, Creditflux spoke with senior people of colour in the CLO industry about their experiences. This provides perspective on how the CLO market has evolved and must continue to do so. In today's edition, Citi's Brian Bejile shares his views.  

Black Diamond structured credit BD head joins impact investment firm
Black Diamond Capital Management's head of structured credit business development has parted ways with the firm after nearly four years, according to market sources. He is set to join start-up impact investment firm Lafayette Square as managing director and head of capital markets

Head of US CLO syndication leaves Deutsche Bank
A CLO specialist with 17 years' experience at Deutsche Bank has left 

Mid-market CLO manager sells minority stake to Aberdeen Standard division
A $10 billion US mid-market private credit firm has sold a passive minority equity stake to Bonaccord Capital Partners

Issuer goes from debutant to zero in one year as PM leaves and CIFC swoops for sole CLO
A US CLO manager has gone from debuting in 2019 to having no CLOs under management as CIFC takes over its one deal

High yield giant hires experienced PM for stunning return to CLOs after 17 years
A  US mutual fund manager has hired an experienced portfolio manager to build a CLO and loan management business. It last entered the CLO primary market in 2004 

Credit funds at a glance: several funds post double digit November returns
November was a strong month for credit hedge funds listed by Creditflux, with latest returns demonstrating the effect of the vaccine/US election rally on fund perfomance

Key CLO portfolio manager set to leave First Eagle
A key person named in three legacy THL Credit CLOs, which First Eagle manages following its acquisition, is set to depart in January after 16 years' service at the firm 

US and European CLO PMs earn promotion as Carlyle's Pace takes on new role
Carlyle Group’s global head of liquid credit has decided to take on a new role as vice chair of global credit, according to an internal memo seen by Creditflux, which will involve investing capital across the Carlyle platform

The structured credit industry could promote its benefits more
Filippo Sampietro takes our credit quiz

Former Ares partners put ESG and tech at centre of new CLO business
Three former Ares Management partners have established a CLO business with plans to launch a first US CLO early next year

European CLO and ABS trader rejoins P&G in Milan
An experienced European CLO trader has switched to the buy side with market sources indicating he has returned to P&G

Wriedt buys minority stake in direct lender Scio and joins as strategic advisor
Oliver Wriedt, the former chief executive officer at DFG Investment Advisers, has bought a minority stake in European credit asset manager Scio Capital

Ostrum's US CLO plan takes a turn after head of structured credit leaves
An experienced CLO PM has left Ostrum after just one year

CEO Wriedt to part ways with DFG and launch his own business
Oliver Wriedt is stepping down from his role as chief executive officer of DFG Investment Advisers to launch his own investment venture, according to an investor letter seen by Creditflux.

CLO investor leaves US structured credit specialist
A CLO tranche portfolio manager has left a fund manager in order to manage his family office

CLO running financing costs plummet as East West prices debut deal
East West Investment Management has priced its debut US CLO and taken an unconventional approach in doing so with sources indicating that the firm has retained much of the debt in its deal

Western to launch European loan business after hiring portfolio manager
Western Asset Management is launching a European corporate loan business after hiring an experienced credit portfolio manager with a background rooted in the CLO industry

If you can stomach volatility, CLO equity is very attractive

Cairn appoints CEO from Oceanwood as Campbell steps down
Cairn Capital has hired a new chief executive officer, who will take over from co-founder Paul Campbell

Global CLO b-wic round-up: 71% of equity positions trade as supply picks up
The European and US secondary CLO market took a step back this week as the primary CLO generated $7.8 billion of deal flow globally

Guggenheim hires Citi ABS trading head to structured syndicate desk
Guggenheim Securities has replaced its recently departed co-head of structured product syndicate with an experienced hire

Direct lender hires head of credit as it closes in on European mid market CLO
BeSpoke Capital has made a big hire as part of a reorganisation of the direct lender’s business