Monroe Capital launches continuation vehicle process for Fund III loan portfolio
EXCLUSIVE: Monroe Capital is raising a continuation vehicle for a portfolio of loans originated out of its third flagship fund, according to two sources familiar with the matter; Fund III closed on USD 1.33bn in 2018

Early 2026 US CLO equity data does not point to improved performance over 2025 – Deutsche Bank
The median quarterly distribution for US CLO equity in 1Q across all deals reporting fell to 2.4%, the lowest number in three years and the seventh consecutive quarterly decline, according to new research from the bank

Whitebox Advisors readies captive CLO equity fund
EXCLUSIVE: The CLO manager is in talks with prospective anchor investors for a new fund that will help the firm issue new CLOs by investing in the equity and providing warehouse financing, a source familiar told Creditflux

Schroders, InPost deals boost 2026 takeover pipeline by EUR 19bn
InPost agrees EUR 7.8bn deal with Advent, FedEx; modest premium for Schroders may open for rivals

Moelis taps Barclays alum to lead private credit secondaries
Kyle Reidy previously served as global head of structured credit origination at Barclays.  

Coller backs continuation vehicle for Ares direct lending
Ares closed a GP-led secondaries transaction for its 2018-vintage US direct lending fund

BlackRock TCP’s BDC waives Q4 fees, anticipating NAV drop
The listed BDC faces nearly a 20% plunge in net asset value after making a series of bad bets

CPP Investments open to buying another asset manager
The Canadian institutional investor, which acquired Antares a decade ago, would be open to another deal, head of capital solutions David Colla said at a media roundtable

Aegon resets post-RP US CLO
The repricing of Cedar Funding V was arranged by Jefferies, with the arranger bank enjoying a brisk start to the year

Rising tide swells deal flow as 2026 M&A wave grows
Tech, healthcare, financial services dominated 2025 deal flow, as US inbound soared; UK, EU policy stability, German defence spending support 2026 European deal sentiment

CLO dispersion set to increase in 2026 – BNP Paribas
Next year is likely to see increasing dispersion in credit performance off the back of a series of idiosyncratic credit events, BNP Paribas has forecast in its 2026 CLO outlook

Golub hires Fair Oaks’ CLO PM, signalling expansion into European market
Creditflux reported on Wednesday he was leaving his current role at Fair Oaks at the end of November; Wallace's new position will encompass broadly-syndicated CLOs as part of a remit that extends across BSL and fixed income

Fair Oaks CLO PM to depart for new shop
EXCLUSIVE: Fair Oaks Capital's Tyler Wallace is set to depart at the end of the month, with Remi Nedelec replacing him as portfolio manager for the firm's European CLO platform

European CLO IG returns reach 3.2% in the YTD - BofA
CLO triple As have returned 3.2% in the year to date, representing the third best year for the segment in the CLO 2.0 market

Are Investors Mispricing “Tail” Volatility in triple A CLOs? - Fair Oaks
GUEST ANALYSIS: Investors may be overestimating the volatility and risk of triple A CLOs, according to Fair Oaks Capital

Blackstone starts new fundraising round for institutional, evergreen US direct lending fund
The alternative asset management giant is back to raise more capital for Blackstone Senior Direct Lending Fund after previously closing on USD 22bn in October 2024

Barings BDC taps new CEO for the new year
Thomas McDonnell, who has spent two decades at the firm, will step in as CEO for the listed business-development company

Ares to acquire systematic credit shop BlueCove
The London-based fixed income manager invests in high-yield, corporate investment grade, convertible bonds and other liquid credit assets

New York State Common Retirement Fund commits USD 200m to Oak Hill's CLO fund
The pension fund has committed the funds to OHA CLO Equity Fund III, which will target investments in North America and Europe

LPs seek cyclical private credit play amid US economic uncertainty
Many LPs pivoted to all-weather private credit strategies in recent years, but interest in more opportunistic and special-sits strategies reliant on a credit downturn are picking up once more

First Brands factoring agreements a USD 2bn variable at play in potential Chapter 11 filing – legal analysis
Factoring agreement terms determine ownership of accounts receivables in bankruptcy; fraudulent transfer claims, termination fees possible issues

US resets flow as Oak Hill Advisors sets new AA benchmark
Around USD 1.38bn of resets priced this week from Oak Hill Advisors, Carlyle, UBS and Intermediate Capital Group, with OHA's print setting a new benchmark in the double As of SOFR plus 150bps

CFA warns of conflicts of interest in continuation funds
The growing popularity of continuation funds has raised questions around manager processes, the CFA Institute said

Blackstone lowers US reset spread tight to 124 as Golub and Napier Park also price narrow
Market heavyweights Blackstone, Napier Park and Golub each priced US BSL resets to close out last week, with Blackstone lowering the triple A spread level below the now-established SOFR-plus-125bp benchmark

Trio of Euro resets reinforce tightening trend as CVC revisits 175 AAs
CVC and Onex both printed resets with triple As at 130, while Sculptor upsized its latest print to a target par of EUR 450m