Trepp launches new CLO data service
Trepp, a New York-based data provider, has launched a new leveraged loan and corporate CLO analysis database called TreppCLO

CLO rankings: manager AUM, advisory firm and trustees Q1 2023
Two acquisitions close to shake up the top and Dechert takes early lead over Milbank in manager counsel rankings

Board aims to grant Blackstone fund ability to invest directly in primary CLOs
The board of publicly traded fund Blackstone Loan Financing is proposing to amend its investment policy to allow it to directly invest in primary CLO opportunities, following the results of its shareholder consultation announced today.  Changes to NAV valuation methodology alongside various potential exit opportunities was also discussed.

CLO portfolio manager parts ways with Hayfin
An experienced figure in the European loan and CLO market has left Hayfin Capital Management in London

Sound Point holding CLO M&A talks which could catapult it to fifth-largest manager
Sound Point Capital Management is locked in talks with a large, global CLO manager over a deal that could take its CLO AUM north of $36 billion

PM lands at $3 billion credit shop to build European CLO platform
The European CLO manager universe looks set to grow even further, with a Five Arrows portfolio manager having been hired to help build a CLO platform

Euro CLO new issuance could reach €22 billion in 2023, says BofA
European CLO new issuance will reach €22 billion in 2023, strategists at Bank of America expect, while refinancing / reset volume should reach €3 billion under a ‘base case’ scenario

Euro CLO manager closes second captive equity strategy at €228 million
An experienced European CLO manager is taking care of its CLO issuance for the next few years 

Manager looks to cut HY exposures in CLO-heavy credit interval fund
A credit fund manager has provided a performance update on is multi-strategy closed-end credit fund through regulatory filings, revealing it has beat its benchmark from 1 April to 30 September despite losing 13.66%

Fidelity adds European CLO structurer to team from buyside
A European CLO structurer is understood to have left PGIM ahead of a move to Fidelity International, according to market sources

Credit Suisse to streamline European CLO manager client list
Credit Suisse is unlikely to be among the heavyweights in European CLO origination with market sources indicating that the bank is reducing its CLO manager client list

Valeur hires ISP's structured credit head as it takes over management of CLO fund
Valeur and ISP Group’s collaboration on the CLO fund started in April 2020 with Valeur offering structuring services for the fund within its Ardesia platform

Experienced CLO investor lands at AlbaCore to launch structured credit business
AlbaCore Capital is launching a new structured credit business as a "natural extension" of its CLO business, according to sources. The manager has hired an Alcentra official to lead the charge

Founder of Alcentra's structured credit business to step down as PM
A long-time CLO tranche investor is set to move away from day-to-day portfolio management duties and take on a new role as senior advisor 

Eagle Point expands into structured products including SRTs with big hire
Eagle Point Credit Management has hired a head of ABS, MBS SRT and specialty finance, in a move which underlines the firm’s progression from a CLO equity investor to a broader credit asset manager.

Citi structured credit specialist leaves after 15 years
A key figure in Citi’s European structured credit business since 2007 has joined Julius Baer as head of corporate finance advisory

Manager selection stakes are heightening as CLO pain points intensify: Barclays
CLOs’ slump in market value and piling of distressed assets have made differentiation between managers much more acute on key metrics, regionally and by vintage, according to Barclays credit strategists

Fair Oaks adds to credit, CLO and marketing team in London
Fair Oaks Capital has hired three people to its investment team and two to its marketing team

European CLO trading head leaves BNP for new credit fund manager
An experienced European structured credit trader is joining a recently launched long-short credit fund manager 

Fidelity International makes senior direct lending hires in private credit push
Fidelity International has been staffing up in European direct lending, with 12 additions to the private credit team that was established a year ago

CLO investor Lakemore names European business development head
US CLO equity investor Lakemore Partners has hired a managing director and head of business development Europe

US banks' exposure to triple A-rated CLO paper climbs 84%
US banks held $170 billion of CLO paper at the end of 2021 – a massive increase of $72 billion from the end of 2020, according to Bank of America research

Global CLO trading lab: Payments season prompts equity to surge but short-dated bonds trade low
Over the last two weeks, $2.8 billion of US CLOs and €640 million of European CLO paper have appeared on b-wics, with equity making up 33% and 40% of the respective markets