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

SRT market grows to EUR 18.5bn of junior tranches in 2023
Banks executed 89 synthetic securitizations for SRT globally in 2023, according to the IACPM’s latest synthetic securitization survey

Funds round up: May 2024
The demand for SRT strategies and special situations funds are on the uptick, as is the demand for managers and funds outside of North America. 

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

Funds round up: April 2024
Allocations to private credit and new fund launches continued to roll out in April, as our monthly round-up confirms

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

US pension fund makes fresh USD 250m allocation to private credit
A US pension system has recently disclosed hundreds of millions of commitments to alternative funds, including USD 250m for private credit

AXA wins USD 400m for SRT strategy from US pension fund
The growing global demand for SRT transactions was confirmed yesterday with an announcement from AXA IM Alts that it had been awarded a USD 400m investment mandate from a US pension fund

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.

Milbank staffs up after slew of London lawyers follow Goldfinch to Allen & Overy
Milbank has reacted quickly after five attorneys — including veteran European CLO lawyer John Goldfinch — moved to rival law firm Allen & Overy.

Private credit firms chase opportunities in asset based lending as US banks withdraw
Lending against assets is becoming the fastest growing part of private credit. The market is expected to grow from roughly USD 787bn in 2024 to more than USD 1.26trn in 2028, according to a report by Research and Markets, a data and statistics firm.

Unveiling our shortlist for the best performers of 2023
The 16th edition of Creditflux’s annual celebration of the best CLOs, CLO funds and CLO managers, in Europe and the US, will be held on 15 May at the Landmark Hotel in London

CLO round-up: March 2024
March was another busy month for the CLO market, with eighty deals pricing. That total includes ten new European deals as that side of the market finally kicked into gear.

Funds round up: private credit reaches for retail
A number of new credit funds launched last month to round out 2024's first quarter, including ones in Europe aimed at retail investors

Global Loan Highlights 1Q24: Don’t call it a comeback
Loan refinancing share hits historic high, but IG issuance stymies YoY global growth

CLO round-up: mid-March 2024
Our roundup of all the action half-way through another spectacular month for the CLO market

Barclays raises 2024 US BSL CLO new issue forecast
Barclays has become the latest bank research desk to increase its 2024 US BSL CLO new issue forecast

Global corporate defaults on fastest pace since 2009 according to S&P
The number of corporate defaults has risen dramatically year-to-date, according to S&P Global Ratings, driven by a doubling of the rate of defaults in Europe

How many CLOs will be reset?
Tightening liability spreads aren’t just driving record new CLO issuance this year — they’re also triggering a wave of resets and refinancings in the US, especially for broadly syndicated CLOs

CLO Symposium 2024 Agenda
The Creditflux CLO Symposium returns to the Landmark London on 15 May 2024