US manager plans debut 2.0 European CLO, six years after selling 1.0 deals
A large US CLO manager is warehousing its first 2.0 CLO in Europe

Third time's a charm as Apollo reworks 2012 CLO once again
Apollo Credit Management has cemented its status as the most frequent restructurer of its older vintage CLOs

2018 US CLOs are highly ramped at closing, but this could decline, says Fitch
New US CLO portfolios at closing have been ramped by over 83% on average every month this year, according to research from Fitch Ratings

CLO b-wic line-up: over $300 million of senior CLO paper goes on the block
Senior notes dominate the secondary market today as $306.5 million worth of triple A notes are up for grabs

CIFC's Vaccaro takes over as sole CEO as Wriedt makes abrupt departure
Steve Vaccaro has been appointed sole chief executive officer of CIFC Asset Management following the departure of co-CEO Oliver Wriedt

GoldenTree markets unusual CLO with highly concentrated asset pool
GoldenTree Asset Management is restructuring a 2012 transaction, according to market sources

CLO b-wic line-up: large equity positions and a vertical strip hit the market
Shedding vertical strips is a big trend these days with BlueMountain Fuji CLO Management seemingly looking to shed notes from one of its US CLOs

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

Apollo set to return to CLO market with third reworking of 2012 deal
The manager has hired Goldman Sachs to arrange a $515.75 million reset of ALM VI, which was previously refinanced in June 2015 and July 2017

CLO b-wic line-up: $42 million of double B CLOs go up for sale
$41.9 million of double B notes are up for grabs today via b-wics. Out of these 16 line items, GSO Capital Partners’ Seneca Park is a noteworthy deal with the CLO being just two months away from the end of its reinvestment period

Tracking down the credit industry’s original winners
All winning managers at the first Creditflux awards survived the crisis, under their own names – like BlackRock – or under new owners. But what happened to the people who collected the trophies?
 

CLO b-wic line-up: Carlson CLO equity available with non-call due to expire
$48.82 million of US CLO paper is available in the secondary market today through b-wics, according to CLO-i

SocGen prices its first CLO transaction of the year in US reset
Societe Generale has arranged its first CLO transaction of 2018, according to market sources

B-wic round-up: demand for secondary CLO equity picks up in 2018
Secondary trading prices for US CLO debt tranches have been falling since the start of the year, with average cover prices for junior debt reverting to where they were six months ago. However, the opposite has to be said for CLO equity

Octagon-managed structured credit fund invests heavily in CLO equity
A new structured credit interval fund subadvised by Octagon Credit Investors has invested almost half of its portfolio in CLOs

B-wic round up: triple A investor locks in gains after major CLO auction
Senior notes completely dominated the secondary market last week as one investor decided to showcase a $635.54 million selection of triple A notes spanning 13 CLOs

Recently priced CLO triple A bonds up for grabs in $635.54 million B-wic
Large slices of recently priced CLO triple A paper are up for grabs in the secondary market today, according to market sources

B-wic round up: large chunks of Silvermine CLO trade in $263 million auction
One CLO investor stepped up, in what was otherwise a quiet week in the secondary market, to launch a colossal b-wic totalling $263.1 million

B-wic round up: investor flips 2018 CLOs without waiting for the closing date
Flipping CLOs is not an unusual trade. But it is when it's done before a transaction has even closed

New York CLO manager teams up with Jefferies to refinance a reset deal
The manager has refinanced its 2012 CLO following a $666 million transaction, according to market sources

Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Pretium adds to its US CLO AUM with another acquisition
A boutique US CLO manager has sold two management contracts to fast-growing Pretium

THL Credit assigns new role to senior portfolio manager Murphy
Alternative credit manager THL Credit Advisors has promoted managing director Brian Murphy to head of capital markets

US CLO round-up: who's going to be first to break 100bp?
US CLO spreads continue to rally and the question on everyone’s lips right now is: “when [not if] will triple As dip below 100 basis points?”

Vintage deals revived as CLO equity investors buy, refi, reset and repeat
US CLOs are being reworked time and again as investors look to reset deals that have previously been refinanced