LP CLO investor returns to Accunia
A veteran CLO investor has announced he is returning to Copenhagen-based Accunia Credit Management, where he will be Head of Investments

European structured finance market constructive on rates pause — market snapshot
European ABS and CLOs had a constructive week in the secondary market, reflecting better sentiment in broader credit

CLO co-head parts ways with Accunia
One of Accunia's CLO portfolio managers is understood to have parted ways with the firm last month

Aegon agrees to buy NIBC's CLO platform
Aegon Asset Management has agreed to buy NIBC’s North Westerly European CLO platform, which includes three deals alongside the NIBC CLO team

Brigade requests restructuring flex for pre-covid European CLOs
Brigade Capital is proposing to amend documentation in some of its pre-covid European CLOs to include new restructuring language, the firm wrote in a letter to investors in Armada Euro CLO II and Armada Euro CLO III 

Experienced European CLO portfolio manager lands at Serone
Serone Capital Management has hired a well-known CLO specialist as head of European performing credit

Senior global CLO trader leaves JP Morgan after 20 years
A senior global CLO trader has parted ways with the bank after two decades

Pimco promotes global lev fin and CLO head to managing director
Pimco's leveraged finance head is one of five senior officials promoted to managing director

CLO portfolio manager parts ways with Hayfin
An experienced figure in the European loan and CLO market has left Hayfin Capital Management in London

Onex promotes key CLO official to managing director in London
Onex Credit Partners has promoted its European CLO head 

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

Bain holds final close on $650 million fund to buy own CLO equity globally
Bain Capital Credit has closed its second captive equity fund with $650 million commitments, thought to be among the largest manager-controlled CLO equity funds raised

Experienced CLO PM parts ways with Angelo Gordon
An experienced CLO portfolio manager has left the firm, having built out its European platform

New credit hedge fund explores European CLO management
A relatively new credit hedge fund has become the latest firm to explore European CLO management, joining the growing list of prospective debut managers

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 

Manager targets €300 million for structured credit fund with CLO/CSO mix
The fund will invest primarily in European CLO equity 

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

Investors scoop up €228 million of senior European CLOs after record b-wic
Record European CLO secondary volume has been easily digested, with a large $228.2 million b-wic on Tuesday providing a prime example

Euro CLO IG mezz tranches look attractive amid cap stack divergence: Barclays
European CLO IG mezzanine debt tranches are more attractive than triple As or double Bs, say strategists at Barclays, owing to greater dispersion and a lag in recovery.

Widening asset/liability gulf will hurt CLOs: Barclays
A mismatch between CLO asset / liability rate risk is increasing in the US as more leveraged loan issuers opt for one-month pay frequency, Barclays credit strategists have found

Euro risk retention becomes must-have feature for US CLOs
For the past four years, risk retention-compliant US CLOs have been viewed as a luxury. But today issuers see a clear advantage to putting skin in the game

Euro CLO league tables: Permira and Barclays Providus with sole new issue
Just one manager priced a European CLO priced in June, when Permira Credit and Barclays brought Providus VII to market

Sound Point breaks one month European CLO market silence as pipeline builds
After the longest pause in the European CLO primary market since December 2018, Sound Point has broken the silence with a static new issue while other managers are exploring static and print and sprints to get deals done

Jefferies raids Citi CLO team again with key trading hire
Jefferies is poised to poach another top Citi European CLO official

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