Muzinich launches European AAA CLO ETF
The new Muzinich AAA CLO UCITS ETF launched on the Waystone ETF platform and will be offered in the UK, Austria, Belgium, Germany, France, Italy, Spain, and Singapore

Arthur Cox bolsters structured finance team with Walkers hires
EXCLUSIVE: Two structured finance specialists will leave Walkers to join Arthur Cox over the summer

AI blockbuster deals surge as Middle East conflict test dealmaker confidence
Mergermarkets M&A Highlights 1Q26: Global M&A volume jumped 22% to the second highest start ever

2026 kicks off with a lot of thunder and not much lightning
ANALYSIS: A lot of noise around geopolitics, Fed interference and market volatility has had little effect on the global CLO market, for now  

Pemberton reorganizes, appoints new private credit leaders
The firm’s chief credit officer is leaving at the end of March, the company said

Trinitas and Oaktree price European resets with AAAs at 130
Trinitas reset a 2024-vintage deal, while Oaktree repriced a nine-year-old transaction that was last reset in 2021 at historic tights

AlbaCore hires four to launch infra debt strategy
The European credit specialist jumps into the infrastructure space for the first time, tapping the former head of infrastructure debt at UBS Asset Management to lead the effort

Five Arrows resets CLO with EUR 100m equity injection for first 2025 print
The EUR 476m transaction repriced a CLO last reset in 2018, and saw total equity boosted to EUR 142m

KKR prices tightest Euro reset since April
Tuesday's reworking of the nine-year-old Avoca CLO XVII issued its triple As at Euribor plus 132bps

Morgan Stanley loses head of direct lending and co-head of North America private credit
EXCLUSIVE: the head of direct lending had also served as co-head of North America Private Credit at Morgan Stanley Investment Management; bank assigns new head  

17Capital raises USD 5.5bn for NAV lending to private funds
The alternative credit firm claims its 17Capital Strategic Lending Fund 6 is the largest NAV lending fund seen in the market to date

Regional banks drive growth of SRT market as EU continues to dominate issuance
Regional banks that used the standardised approach are playing a bigger role in SRT market, while the number of insurers writing credit protection through SRT almost doubled from 2023 to 2024

European CLO veteran Boris Okuliar departs Ares
The exit sees the loss of Ares’ co-head of its global liquid credit business after nine years at the firm, to spend more time with family and explore new opportunities

PAG raises USD 1.25bn for significant risk transfers
The Hong Kong-based alternative asset manager is expecting the SRT market to grow at a 30% to 40% rate annually over the next few years

AXA IM reissue sees lower mezz tranches print well wide of guidance
The reissue of the 2016-vintage European CLO saw lower mezz spreads widen markedly compared with earlier guidance to investors three weeks ago

Napier Park loses CLO portfolio manager to established European rival
EXCLUSIVE: The CLO market has seen a number of portfolio managers changing seats in Europe

December deal downpour shatters issuance records in Europe
December sees the most issuance for the month on record as reset activity jumps to the most this year

Banks predict record-breaking year ahead
Consensus figures generated from outlook reports by five banks suggest 2025 will be another strong year for CLO issuance. But last year, their estimates were well below the actual numbers

This time around, BlackRock will be poised to be a shaper of the move
USD 12bn seems a lot to pay for HPS. But BlackRock urgently needed to catch up in private credit

KKR resets European CLO with increased cost of funding
KKR has priced a second reset of Avoca CLO XVI, a 2016 deal reset in 2018, in a transaction that priced tightly but still saw the overall cost of funding jump out

PSL acquired by investment bank Houlihan Lokey
London-based CLO valuation service Prytania Solutions Ltd. (PSL) has been acquired by investment bank Houlihan Lokey

AlbaCore’s new hire Luke Gillam sees space for smaller private credit managers in Europe
Gillam, who started this week at AlbaCore as its new head of senior direct lending, spoke to us about the opportunities for smaller managers in European direct lending

Alcentra hits reset again on 2014-vintage Euro CLO
Alcentra has reset a 2014-vintage European CLO for a second time valued a EUR 375m via Barclays  

SMBC swoops in to take JPMorgan’s CLO leadership
In one of the most dramatic moves the CLO market has ever seen, SMBC Nikko has swooped in and hired three of the most senior members of JPMorgan’s CLO leadership team

Nuveen Private Capital taps Ares partner for private wealth distribution
The platform encompassing Churchill Asset Management and Arcmont Asset Management, has hired Moshe Bajnon for the newly created position of global head of private wealth