CVC Credit gets off the mark with first European CLO transaction of the year
CVC Credit Partners has priced its first transaction in the European CLO market of 2018

Structured credit specialists seek future-proofing in direct lending
At the turn of the last credit cycle, structured credit recovered spectacularly – but credit managers today seem to be gravitating towards private credit as the area to pick up excess returns in a downturn

B-wic round-up: secondary CLO market is looking more and more like new issue
2017 and 2018 CLOs flooded the secondary market last week, with bonds referencing Ares Management, LCM Asset Management and Napier Park Global Capital going on sale

Funding costs tumble as BNP Paribas resets 2016 European CLO
BNP Paribas yesterday priced a four-year reset of 2016-vintage European CLO managed by Five Arrows Managers

B-wic round-up: mid market CLOs find new homes in secondary market
The US secondary CLO market has had another eventful week as $908.2 million worth of CLO notes were made available, out of which $693.2 million, or 76.3%, traded successfully

Five Arrows targets its first CLO transaction of the year
Five Arrows, the Rothschild affiliate, is planning its first CLO transaction of 2018

BlueMountain plans first CLO transaction of 2018
BlueMountain Fuji Management is preparing to price its first CLO transaction of the year within two weeks, according to market sources

Ares makes dramatic return to European CLOs with tightest ever triple A print
Ares Management has priced its first new CLO in Europe since December 2016, according to market sources

GoldenTree plants its multi-arranger CLO concept on European soil
GoldenTree Loan Management has brought its multi-arranger CLO strategy to the European market with five banks cooperating to price a first-of-its-kind deal

Fair Oaks expands into European loans with major hire
Fair Oaks Capital – one of the largest CLO equity investors in the market – has hired a well-known figure in the CLO industry to build a European corporate loan business

BlackRock prices reset of debut Euro CLO
BlackRock Investment Management has reset its debut European CLO from 2016, according to market sources

Ares plans to launch first new European CLO since 2016
Ares Management is preparing to issue its first new CLO in Europe since December 2016, market sources say

Alcentra creeps closer to $300 million target with third structured credit fund
London-headquartered Alcentra, the alternative fixed income specialist for BNY Mellon Investment Management, appears to have raised more than $214 million for its third Clareant structured credit opportunities fund

Manager prices first new issue CLO in Europe since September 2016
The New York-headquartered manager has launched its first new issue CLO in Europe since 2016, pricing a €411 million deal via Morgan Stanley yesterday

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist

Global asset manager poised to launch its largest ever European CLO
A manager is returning to the European new issue market for the first time since September 2016

Former ICG credit head Kershaw takes advisory role at distressed debt firm
Dagmar Kent Kershaw, the former head of Intermediate Capital Group's credit fund businessin Europe and Australia, has landed an advisory role at a $7 billion distressed debt manager

ICG reworks 2013 CLO for a second time following €562.6 million reissue
Intermediate Capital Group priced its first CLO transaction of 2018 yesterday

Spire adds former Highland CLO PM to its team in London
Corporate loan specialist John McAuliffe has joined Spire Partners as a senior credit analyst

Oak Hill promotes three to partner
Oak Hill Advisors has promoted three managing directors to the position of partner, according to market sources

European loan specialist leaves Partners Group
A European corporate loan specialist, who covered both CLOs and direct lending funds, has parted company with Partners Group, a spokesperson for the company confirms

Former Och-Ziff executive Cohen faces criminal fraud charges
A former Och-Ziff Capital Management executive is facing criminal fraud charges relating to the firm’s hedge fund activities in Africa, according to an indictment that was made public last week

$47 billion of 2017 US CLO paper was available to Europeans, finds Wells Fargo
40% of US CLOs issued in 2017 complied with European risk retention regulations, according to research by Wells Fargo

Californian pension fund approves $50 million commitment to CLO-focused fund
The pension fund has approved a $25 million commitment to an upcoming CLO fund, adding to $25 million previously committed 

PDM liquidates CLO funds after 20% per year returns
Permira Debt Managers is liquidating two structured credit funds after generating strong returns