US league tables: CBAM tops US CLO rankings after meteoric rise
Just over a year ago, New York-based CBAM Partners commenced operations amid much fanfare. Fast forward 12 months and the asset manager has delivered on its promise, with Creditflux data showing that the firm was the largest CLO issuer of 2017

Los Angeles pension fund looks to renew US loans relationship with Bain
A $15.7 billion Los Angeles pension fund is looking to renew its contract with Bain Capital Credit, according to investment committee board documentation

CLO market opens for business as BMO prices first deal of 2018
Despite hazardous weather conditions affecting the US east coast, the CLO market is open for business in 2018

Goldman Sachs BDC and university endowment extend JV’s investment period
A joint venture between Goldman Sachs BDC and University of California Regents has extended its investment period for two months, regulatory filings show

Price talk tightens for forthcoming MidOcean CLO
Price talk for MidOcean Credit's forthcoming CLO deal has tightened since premarketing information was previously reported by Creditflux

Los Angeles manager hires JP Morgan for debut CLO
Specialist energy asset manager Kayne Anderson Capital Advisors is set to launch its debut US CLO this year having hired a senior portfolio manager and raised a risk retention vehicle

Points up front: zombie managers near extinction
The long-term nature of CLOs means the market tends to have a large number of zombie managers, those with one or two deals outstanding but no plans for future issuance. However, a spate of redemptions, especially in Europe, has swept away some of the ghostly deadwood.

Aviation debt funds achieve lift-off as airlines look to replenish fleets
Funds and financing solutions geared towards aviation debt have been taking off in recent weeks.

Fitch rating outlook: CLO spread compression to continue in 2018
Spreads on new broadly syndicated loan (BSL) CLO notes rated AAA down to BBB will be further squeezed in 2018

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US CLO debt tranches trade at a premium in secondary market
CLO secondary market in 2018 opens with four positions trading at a premium

LCM prices its third 2017 CLO to keep triple A spreads stay below 110bp
The manager hired Morgan Stanley to arrange its fifth transaction in the CLO market this year

Ellington earns investor support for high-spread CLO strategy
Ellington priced its second CLO and the firm seems to be have support for its novel approach to launching CLOs

New York manager teams with Citi to price its fourth new issue CLO of 2017
The manager made its 14th CLO transaction of the year yesterday, according to market sources

CVP brings its CLO AUM over $2 billion following latest deal
The manager priced its fifth new issue CLO on Friday, bringing its CLO AUM to $2.13 billion

MidOcean to set sail into 2018 with its eighth new issue CLO
MidOcean Credit Partner plans to begin the new year by pricing its eighth new issue CLO

Former CLO trader joins risk retention specialist Nearwater
A well-known CLO specialist has joined a fast-growing outfit which has $500 million to put to work in CLO risk retention

Voya targets triple As and triple Bs in US CLO refi
Voya Alternative Asset Management has refinanced two tranches of one of its CLOs, cutting the cost of debt by 50 basis points

US manager prices its second CLO transaction of the year
The manager has priced its second CLO transaction of 2017, teaming up with Mizuho Securities to price a $471.5 million refi

KKR Credit wins US pension fund's $300 million private debt mandate
KKR credit has won a mandate from an Iowa pension fund to act as its private corporate debt strategic partner, board documentation seen by Creditflux reveals

FS and GSO end subadvisory partnership amid new launch plans for both
GSO Capital Partners has announced plans to launch an internal direct lending business and to stop subadvising FS Investments’ funds, while FS has agreed to form new partnerships with KKR and EIG Global Energy Partners to manage FS's BDC platform

US manager to transition subadvised high yield fund to Amplify ETF platform
A fund owned by AdvisorShares and managed by credit manager Peritus will transition to the Amplify ETF Trust, which is sponsored by Amplify ETFs

BlueMountain seals 2017's tightest new issue CLO triple A print by fractions
BlueMountain's new US CLO has the tightest triple A print by just 0.13 basis points

Calpers executive set to leave the pension fund to rejoin Franklin Templeton
Wylie Tollette is leaving his role at the California Public Employees’ Retirement System (Calpers) to return to Franklin Templeton Investments, with his last day at the pension fund set for 5 January

Two US managers ride short-term CLO reset wave
Two US managers have priced short-dated CLO resets, joining the ranks of managers pricing short term CLO paper with low funding costs