CLO pipeline: queue gets longer as Blackstone goes again and Sancus makes first move
The queue to price for US CLO managers is only getting larger with 18 new issue CLOs in the pipeline, according to market sources, along with 18 repricings and two new issue European CLOs and two mid market CLO resets

Alcentra's global CLO fund closes at $484 million and over 50% deployed
Alcentra has closed its fourth global CLO fund, Alcentra Structured Credit Opportunities Fund IV, at $484 million

European PM departs as Investcorp shakes up CLO management approach
A European loan portfolio manager and trader has parted ways with Investcorp Credit Management amid a shake-up in how the firm manages its CLOs

Spire European CLO features Euribor caps and tight single As
Euribor caps have made a comeback in European CLOs with Spire Partners' new deal, Aurium CLO VIII, the latest to feature such a tranche

Global CLO trading lab: Octagon CLO comes out top in CLO double B spike
Double B-rated bonds made up 40% of the European and US CLO secondary markets last week. $222 million of US CLO double B bonds were on sale and a further €105 million of European CLO double B items were listed

CLO PM set to leave PGIM ahead of move to London-based manager
A London-based mid-sized CLO manager has hired an official from PGIM 

CLO pipeline: Five out, five in as market digests new issuance wave
Five new issue US CLOs priced from last week’s pipeline, but five more have replaced them in this week's edition of our pipeline report

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues

CLO pipeline: new issue becomes name of game with 14 managers preparing to price
Only $3.2 billion of CLO paper priced globally across all forms of pricings this past week. But the market looks to set to explode back into life with 14 US CLO new issues in the pipeline

Record-breaking Apollo and Blackstone European CLOs make first distributions
Two 2020 CLOs managed by Blackstone Credit and Redding Ridge (Apollo) that set equity cover records in the secondary CLO market earlier this year have made their first payments

Capza closes €1.6 billion private debt fund 75% deployed
The European Investment Fund is among the investors in the fund, according to Debtwire Funds Data

CLO pipeline: and breathe... issuance splurge clears the backlog
Over 20 deals remain in the CLO pipeline, despite a glut of issuance last week in which 38 transactions priced, totalling $18.1 billion

Carlyle refinances 2014 European CLO
Carlyle Group has partially refinanced the senior most tranches of a 2014 European CLO, cutting the cost of debt by 17.41 basis points

Brigade chooses reset route for 2017 European CLO
Brigade Capital Management has chosen to reset its inaugural European CLO, becoming only the second manager to reset a 2017 vintage deal this year

Global CLO trading lab: secondary volumes inflate and easily get absorbed
Weekly secondary CLO volume has been lower across the capital structure in recent weeks as 2021’s refinancing wave left investors with plenty of choice

Beneath the triple C: CLOs benefit as upgrades make for lighter triple C buckets
For the first time since the sell off in March last year, downgrades to triple C have come to a near-standstill

CSAM prints largest new issue Euro CLO since 2017
Credit Suisse Asset Management has priced the largest European new issue CLO since at least November 2017, according to Creditflux data

CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

Oak Hill refis European CLO triple As and double As a week apart
Oak Hill Advisors has partially refinanced a 2018 vintage CLO, Oak Hill European VII

CLO pipeline: European new issues set to resume but managers seek pricing stability
The CLO pipeline is heavy with reworked deals - and anticipation - as 14 US CLO and one European CLO refinancings feature, along with nine US CLO and six European CLO resets

CLO fund portfolio manager leaves BlueBay
A structured credit portfolio manager at BlueBay Asset Management has parted ways with the firm

Bain saves 19.2bp on European CLO funding costs with partial refi
Bain Capital has partially refinanced the three most senior tranches of its European CLO, Bain Capital Euro CLO 2018-2

Blackstone reaches €2 billion European CLO volume with 2016 deal reset
Blackstone has reset a 2016 vintage European deal, Elm Park CLO, taking the manager's year-to-date volume in Europe to almost €2 billion

CLO pipeline: Carlyle eyes fourth new issue in two months but refis and resets dominate
Manager focus has shifted to reworking vintage CLOs to lower funding costs in a much tighter market, with the new issue US market having slowed

CVC cuts cost of debt by 17.5bp with Euro CLO partial refi
CVC has teamed up with Jefferies to partially refinance its 2018 vintage European CLO, CVC Cordatus Loan Fund XII, cutting its cost of debt by 17.5 basis points