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

Investcorp to buy Marble Point as it rejuvenates US CLO business
Investcorp has agreed to acquire US CLO manager Marble Point Credit Management

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 

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

Experienced trader leaves BMO
A senior structured credit trader has left BMO Capital Markets

CLO portfolio metrics "hit an inflection point", says S&P
US CLO credit metricts "have hit an inflection point in recent months and started to turn towards the negative", according to new research from S&P Ratings

Zais CLO management figurehead leaves after nearly a decade
Zais's leveraged finance business head has parted ways with the firm

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 

Pattern of loan sell-off implies widespread uncertainty
A quirk to the June loan dip was that industries and rating bands sold off in parallel

Sculptor fills vacancy by hiring US CLO structuring and origination head
Sculptor Capital Management has filled a vacancy that opened up after Peter Polanskyj left in April having hired a CLO structuring specialist from another CLO manager 

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

US CLO manager valued at $278 million goes up for sale
One of the most consistent US CLO issuers for two decades is on the market

Experienced US CLO portfolio manager lands at Advent
Convertible bond manager Advent Capital Management has put an important part of its CLO plans in place by hiring an experienced portfolio manager 

Antares hires bank's US CLO structuring head
Antares Capital has hired an experienced figure to structure its own CLOs and work on other financings. This follows Redding Ridge making a similar hire this month

Let's play the Great CLO B-wic Price Drop
When CLO liquidity is weak, sometimes you have to take matters into your own hands. That's what happened last week as part of a novel auction set up by a CLO investor

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

Experienced US CLO banker leaves Citi ahead of Redding Ridge move
Redding Ridge Asset Management is adding more CLO banking experience to its team with a big hire from Citi 

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 

CLO manager M&A deal boosts equity investor Hildene Capital
Hildene Capital Management boosted returns in its CLO equity business last month after its manager partner Carlson Capital sold the management contracts for its CLOs to WhiteStar Asset Management

Two more seasoned CLOs poised to switch to Sofr based on issuance trigger
CBAM 2018-6 has joined Greywolf III-R and IV-R as another pre-2022 US CLO to switch its benchmark rate from three-month Libor to three-month Sofr after the market hit the same issuance trigger