Creditflux manager awards shortlist 2026
The best in the CLO market will be honoured at the 18th annual award ceremony on 21 April 2026 at the Chancery Rosewood, London

Oaktree prices US and European CLOs in single day

Oaktree priced two CLOs to close out last week – a new European issue titled Arbour CLO XVI via Citi, and a reset of a 2024-vintage US BSL transaction through SMBC Nikko

Ares to launch new private credit fund with USD 10bn-15bn equity target
The fund has the same equity target as its record-breaking predecessor, Ares Senior Direct Lending Fund III

BDC outlook turns negative as inflows, yields decline—Moody’s
Perpetual nontraded BDCs experiencing redemption pressure may see market volatility temporarily hurt net asset value, Heron Finance Chief Credit Officer Khang Nguyen told Creditflux

Diameter prices US CLO reset with Apollo as co-placement agent
Barclays was the lead arranger on the USD 458m repricing of the 2024-vintage BSL deal

AI disruption fears and Middle East-driven macro volatility weigh on loan and bond issuance – 1Q26 LevFin Highlights
LevFin issuance across the US and European institutional loan and high-yield bond markets saw a strong start to the year before fears of artificial intelligence (AI) disruption and escalating macro volatility stemming from the US and Israel war with Iran weighed on market activity

CLO equity price decline represents compelling buying opportunity — CIFC
Over the next 12 to 24 months, CLO equity could generate returns comparable to those seen in 2023-2024, CIFC believes

Blackstone raises USD 10bn for oversubscribed opportunistic credit fund
The alternative asset management giant will use the fund’s flexible mandate to invest across industries, capital structures, and geographies

Trinitas prices second 2024-vintage US CLO reset in quick succession
Bank of America arranged Monday’s USD 458m reworking of Trinitas CLO XXVII, which follows the manager’s repricing of Trinitas CLO XXVIII at the end of March

CVC issues 2024-vintage US CLO reset
The reset of Apidos CLO 47 added USD 3.4m in equity as part of the USD 467.4m transaction

Ares closes on USD 9.8bn for opportunistic credit
The manager, which held final close for its Ares Special Opportunities Fund III and related vehicles, is also now raising capital for its third alternative credit fund

Michigan, New Mexico make large bets on asset-based credit strategies
Michigan SIB commits USD 800m to Apollo, LGT credit funds; New Mexico SIC allocates USD 400m for Ares, Pemberton funds

Bain prices BSL and private credit CLOs in same day
The manager’s new US issue, along with its reset of a 2018-vintage private credit CLO, totalled just under USD 1.06bn in value

Defaults concentrate in smaller names, showing ‘size does matter’ – Houlihan Lokey
EXCLUSIVE: Credit quality concerns were generally contained to the smaller end of the smallest borrowers as interest coverage ratios improved for the broader market, new fourth quarter data shows

FoxPath to launch rated note feeder fund with backing from RGA
EXCLUSIVE: The new rated note feeder fund will invest in the firm’s debut private credit secondaries fund

Tikehau sees fertile ground for latest credit secondaries fund amid market tumult
TPDS II closed on over USD 1bn, more than double size of inaugural vehicle; focus is on LP-led credit secondaries, despite market pivot to GP-leds

JF Lehman targets over USD 3.51bn across buyout, opportunistic credit funds
Firm targets USD 2.75bn for Fund VII, USD 760m for second credit fund; inaugural opportunistic credit fund closed in 2025

CalPERS, CalSTRS disclose large commitments to Blackstone credit vehicles
CalPERS invests USD 5.75bn in 3Q25 across seven vehicles; CalSTRS, LACERA reveal allocations totalling USD 750m each

Global SRT issuance hits record USD 41bn in 2025
Issuance volumes were up 40% on 2024; large banks accounted for 90% of total issuance, with CRE and infra SRT issuance more than doubling year-on-year

Sound Point raises USD 1.5bn for oversubscribed special-sits private credit fund
The latest Strategic Capital Fund III will originate asset-based, first-lien private credit investments to back corporate borrowers seeking transitional or customised financing

Credit secondaries surge as GP-led deals dominate and pricing stays tight
Private credit more than doubles share of global secondaries; GP-led deals now 75% of activity, with demand driven by need to generate liquidity ahead

Montana, North Carolina systems aim large allocations for real estate debt
Montana commits USD 250m to Walton Street, GoldenTree funds; North Carolina plans USD 1.7bn in commitments, with USD 1bn for real estate debt

Golub reset sets fresh AAA market tight for private credit CLOs
Golub Capital Partners CLO 71(M)-R issued its top-of-stack paper at SOFR plus 135bps, two bps inside the previous low

Raistone enters Chapter 7 following First Brands filing; judge in Highland Chapter 11 case recuses herself after allegations about her novels
Judge Stacey Jernigan of the US Bankruptcy Court for the Northern District of Texas recused herself from multiple matters in Highland Capital Management's Chapter 11 case after parties argued that novels she authored portrayed a hedge fund executive involved in the case