Ivy Hill climbs back into CLO market after Natixis plants mid-market deal
Ivy Hill Asset Management is back with its first middle-market US CLO in two years 

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

Blackstone buys $3.6 billion US CLO manager
An affiliate of Blackstone has entered into a purchase and sale agreement to buy a CLO management business 

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

Parallel CLO tranche sinks deeper into triple C
Parallel 2015-1’s junior-most debt tranche was downgraded to Caa3 late last year by Moody’s

Brightwood prices sole CLO reset in second half of 2022
Brightwood Capital Advisors reset its 2020 middle market CLO named Brightwood MM CLO 2020-1 on 21 December, in the process completing the only CLO reset in the second half of 2022

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

Investcorp to buy Marble Point as it rejuvenates US CLO business
Investcorp has agreed to acquire US CLO manager Marble Point Credit Management

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 

Plenty more US CLOs in the CCC as buckets pass 5%, finds S&P
US CLO triple C baskets have nudged to 5.02% in November from 4.4% the prior month

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

Flat Rock eyes double Bs for CLO interval fund launch
Flat Rock Global is expanding its CLO fund roster and eyeing double B-rated tranches of US middle market CLOs as part of a new interval fund, according to market sources.

Florida manager rides back into CLO market with first new issue in four years
HIG Capital has returned to the CLO market with its first new issue in over four years. The manager priced a $661.5 million middle market CLO named WhiteHorse Principal Lending CLO 2022-1

Zais CLO management figurehead leaves after nearly a decade
Zais's leveraged finance business head has parted ways with the firm

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

Three control CLO equity positions hit market with another to follow
Three anchor US CLO equity positions were listed on the secondary market yesterday in what was a busy day for investors

US CLO traders leave Barclays ahead of move to another bank
Two CLO trading specialists have left Barclays and are headed for another dealer

Cineworld buys ticket for DIP facility with chapter 11 filing
Cineworld filed for Chapter 11 in the US Bankruptcy Court For The Southern District Of Texas on Wednesday, less than a month after the UK-based cinema operator announced Chapter 11 was among the options it was considering to “achieve its restructuring objectives”

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.

CLO x-rays reveal chapter 11-diagnosed borrower
18 CLO managers hold $380.2 million debt of medical imaging and non-destructive testing product provider Carestream Health, which on Tuesday filed for chapter 11 bankruptcy protection in the US Court for the District of Delaware. The firm entered into a restructuring support agreement to slash its debt by around $470 million

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