Mid market CLO round-up: eyes (wide) open as mid-market CLOs re-awaken
AB returned to the middle market CLO space this week after a year out to price ABPCI V. It is the second middle market CLO of the year after Fortress Investment Group refinanced Fortress Credit Opportunities VII. 

AB returns to CLOs by pricing 2019's first mid-market new issue
AB Private Credit Investors, the middle market credit arm of AB, has become the first manager to price a new issue CLO backed by mid-market loans in 2019

CLO manager base to boom as four debut managers plan first-quarter launch with JP Morgan top choice of arranger
The US CLO market welcomed four new managers in 2018, but this year the same number could be launching in just the first quarter

Carlyle performance dips in Q4, but credit teams ride global volatility
Credit fund performance dipped for the Carlyle Group in the fourth quarter, as market volatility and fund outflows put a dent in the industry’s much stronger performance of the previous three quarters

Golub Capital BDC looks to become fourth largest publicy traded BDC with merger
Golub Capital is seeking approval from its shareholders to merge its Golub Capital business development company (GBDC)  with another one of its business development companies, Golub Capital Investment Corporation (GCIC)

Neiman Marcus loan slumps amid debt restructuring talks
The luxury fashion retailer’s $2.95 billion cov-lite term loan B, due October 2020, traded down 1.65%, according to IHS Markit 

Recent CLO debutant Vista brings in GSO official to lead credit team
Vista Credit Partners has hired a former GSO official to lead its credit team

Missouri pension plan seeks alternatives consultant
The $8.2 billion Missouri State Employees’ Retirement System (MOSERS) is seeking an alternative investment consultants

Tikehau’s private debt AUM hits €7.5 billion
Tikehau Capital, the Paris-based asset management and investment firm, has reached €7.5 billion in private debt assets under management (AUM) as of September 2018. This represents an increase of 17% for the third quarter, amounting to €1.1 billion  

Ares ups its target for US senior direct lending growth to $4.7 billion
Following $5 billion of inflows into global direct lending in the third quarter, Ares has upped the target for its US direct lending strategy 

Blackstone grows credit assets by 31% over year
The firm achieved strong fundraising in credit, taking credit-related assets under managment to $130.6 billion in the third quarter, a 31% increase year-on-year 

Monroe prices second new issue mid-market CLO of 2018
Monroe Capital Partners has priced its second new issue middle market CLO of the year, according to market sources

BlackRock becomes latest manager to explore interval fund structure for credit
Several managers have hit the market with the interval fund structure, as investors look to invest in illiquid strategies through an illiquid fund structure

Mid market CLO league tables: GSO and Vista join the party
The US middle market CLO industry is booming with two new managers moving into this area

GSO debuts in mid market CLOs with Diamond CLO
GSO Capital Partners' Diamond CLO is for one year with the manager pricing a short-dated mid-market deal

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

Star names join Barclays as it pushes into CLOs

Oaktree raises new special situations fund while CIO warns of direct lending risk
Oaktree Capital Management has released its second quarter 2018 results in which the Los Angeles-based firm reported $2.4 billion of new capital commitments in the quarter

Apollo's MidCap unit takes CLO AUM beyond $2.5 billion
MidCap Financial has taken its CLO AUM beyond $2.5 billion just 17 months after pricing its debut CLO in February 2017

Sovereign investors' allocation to alternative credit increase rapidly, finds survey
Sovereign investors are increasing their exposure to CLOs, direct lending and bank loans, according to a 2018 Global Sovereign Asset Management Study published by Invesco this week

Mid market CLO league tables: Ivy Hill closes in on Golub
Mid market CLO volumes this year have reached $9.4 billion - $1.04 billion more than the first half of 2017

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners