Taking stock after a long hot summer
As fall approaches, the global CLO and leveraged loan markets are in a strong position. But will records set in 2021 tumble?  We compare the numbers — and find out what the market thinks

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

CLO round-up: CLO market sees slight pressure to widen new issue spreads
CLO market saw robust deal activity with some pressure on liability spreads last week

CLO strategies outperform again
In 2023, our index of funds investing in CLO tranches and equity returned 22.9%. In the first six months of this year, the index reached 9.9%, as these funds again delivered outstanding results

CLOs at a glance
CLO issuance table for July 2024

CLO round-up: Wild week leaves CLOs in a better place
Last week saw spiking volatility, the collapse of the yen carry trade and shelved loan repricings. For CLOs, however, it was business as usual with the market musing that the gyrations may have left the CLOs better off.

JP Morgan revises CLO spread target upwards as recession fears mount
Off the back of renewed recession fears JP Morgan has revised its end-of-year AAA CLO spread target upwards to 150bps for both the US and Europe

Oak Hill seeks to raise new CLO equity fund with mammoth cap
Alternative credit manager Oak Hill is raising a huge new captive CLO equity fund to support global deal activity

Hayfin agrees to Arctos-backed management buyout
The management team at Hayfin Capital Management is taking over the company in a management buyout backed by Arctos Partners

Blackstone reports 18% return from private credit over last 12 months
Blackstone's private credit and liquid credit returns outperform private equity investments in the last 12 months

Pearl Diver to list new CLO equity fund
Pearl Diver is listing a new CLO equity fund on New York Stock Exchange under "PDCC" ticker

2024 Q2 CLO law firm rankings
Our definitive global, US and European rankings for CLO law firms in the first half of 2024

2024 Q2 CLO trustee rankings
Our definitive global, US and European rankings for CLO trustees in the first half of 2024

Global CLO market on pace for year of historic issuance
The summer promises to be a scorcher for deals in the USD 1.3tn global CLO market as the asset class looks ahead to a potential record-breaking year

Full steam ahead in the US and Europe
We’re now six months into 2024, and according to our latest league tables, the CLO engine shows no sign of slowing down, as spreads grind tighter and resets get underway in Europe

Fund performance
Spire, Prytania and Serone funds enter top 10 dominated by CLOs; Leading fund: Alegra ABS 2

2024 Q2 manager rankings by AUM
Our Q2 2024 rankings for CLO managers by total global CLO AUM are now available

Fund performance
CLO funds dominate again as they take 18 spots in top 30 list

What a difference a year makes
Speakers at this year’s CLO Symposium were united in their optimism — they feel the CLO markets in the US and Europe are doing well, and that should continue for the rest of 2024

CLOs grow from strength to strength
The first quarter of 2024 saw such extraordinary issuance across the global CLO market that it was enough to outpace the equally extraordinary amortisation occurring in older deals

CLO funds maintain strong start to 2024 to stay top year to date
The first quarter of 2024 has been a memorable one for CLO funds, as the category continues its dominant spell, claiming 7 of the top 10 spots in March

Packed CLO conference hears about issuance and violence
The impressive first-quarter issuance has more room to run, said panellists at this morning’s session of the Creditflux CLO Symposium 2024 in London

2024 Q1 manager rankings by AUM
Our Q1 2024 rankings for CLO managers by total global CLO AUM are now available

Strong run helps CLOs shrug off Altice downgrade
It may be the largest triple C downgrade in years, but the CLO market is relatively unperturbed by Altice’s fall from grace.