AlbaCore prices seventh CLO
The print comes 13 months after the manager’s last new issue

Pemberton picks up pace as it markets third-ever European CLO
Indigo Credit Management III is expected to price in early April

New York Life prints USD 750m of CLO paper across two deals
The manager priced a new BSL issue and 2019-vintage refi over consecutive days this week

Blackstone hires Goldman alum to head European private credit origination
Dominic Ashcroft previously served as head of leveraged finance for EMEA at Goldman Sachs

Macquarie launches European direct lending platform
The company is planning to launch a similar US-focused direct lending business by mid-2025

HPS undertakes second reset and renaming of 2017-vintage Euro CLO
The deal takes the manager’s total European issuance for the year to over EUR 1.2bn

Starwood prices its first infra CLO for the year
The deal is the second infrastructure-focused transaction of 2025, following DWS’ RIN XII last month

Elmwood prints largest new BSL deal of 2025 with USD 1.02bn issue
The deal comes a month after Golub’s record-setting USD 2.3bn middle market deal

Guggenheim prices ‘quasi-CLO’ rated feeder fund
The deal follows two similar issues from New Mountain over the last 18 months

Marathon ditches distressed strategy to raise USD 2.7bn for opportunistic credit
EXCLUSIVE: The asset manager originally launched the fund with a distressed debt strategy but has since switched the focus to making opportunistic private credit and equity investments  

Blue Owl prices new Wise CLO
The new-issue US BSL deal was the sixth in the manager’s ‘Wise’ series, and its second such print of the year

Onex prices latest short-dated Aegis CLO
The manager’s Aegis deals are characterised by higher-quality portfolios and lower WARF than typical BSL CLOs

Refresco halts repricing and add-on transaction as market sentiment sours
Pulls deal from syndication as recent market volatility has made the repricing difficult to execute

Total fees paid to direct lending funds dip as yields fall —Cliffwater
Institutional investors in direct lending funds are paying fewer dollars in performance fees despite private credit managers refusing to lower fee rates

Napier Park loses CLO portfolio manager to established European rival
EXCLUSIVE: The CLO market has seen a number of portfolio managers changing seats in Europe

Lincoln Financial partners with Bain, Partners Group on private credit products for US wealth channel
Lincoln aims to launch the two new private credit products in late 2025

Napier Park’s European CLO portfolio manager leaves firm
EXCLUSIVE: London-based director Diarmuid Curran has resigned from the alternative credit manager  

Deutsche Bank and DWS strike private credit agreement
The asset manager is also bringing on a Deutsche Bank executive to head its global private credit business

Silver Point recruits CLO PM Elliott-Taylor as it edges closer to European management launch
The firm hired away its latest recruit from a fellow European CLO management aspirant  

Ares adds to middle market issuance with first new deal for the year
Ares Direct Lending CLO 5 priced the top of the stack at SOFR plus 138bps

Arcmont launches impact private credit strategy backed by APG, TIAA
The European private debt firm launches a strategy to help address environmental and social challenges as institutional investors around the world increasingly show interest in more than just pure financial returns

Regulators scrutinise fund loans

Records tumble in fantastic February

Atos provides a French lesson for SRT investors

Fund performance - February 2025
Structured finance leads, but all indices stay positive as 2025 begins