Reset frenzy set to ease — for now
The majority of deals from 2022 and 2033 that could be reset have been, so activity is likely to slow. But 2024 was a busy year for issuance and deals from then may bring a new surge in 2026

Partners sets new Euro reset tight for single As
The reset of Penta CLO 16 also matched the current low for European triple As

Bank of America ups forecast for European CLO issuance for 2025
Bank of America research has revised upwards its estimates for 2025 Euro CLO gross issuance in light of strong YTD numbers and the expectation of continued market strength

Oaktree raises EUR 200m to fund its European CLOs
The sophomore fund has already begun deploying capital, the company said

Blackstone’s Jane Lee to leave the firm
EXCLUSIVE: Blackstone's head of CLO capital formation who spearheaded its CLO issuance has resigned to take time off

Mizuho EMEA names former BNP Paribas exec as CIB head
Matthew Ponsonby will become head of Mizuho EMEA’s corporate and investment bank, and president and CEO of Mizuho International on 1 October

KKR’s Avoca XXX resets at current Euro tight
The deal matches KKR's own triple A tight of Euribor plus 128bps, set with the reset of Avoca CLO XXIX at the end of August

AlbaCore reworks 2024-vintage Euro CLO
The capital structure remained unchanged in the EUR 382m offering – the manager’s second deal of the year

Fidelity reworks Euro CLO, 18 months after reissue
The manager reset Fidelity Grand Harbour 2022-1 on Wednesday via JPMorgan

Price talk emerges for Royal London's first ever CLO
The asset management arm of the UK insurance and pensions group is marketing its first European deal via Goldman Sachs

European BB CLO tranches most susceptible to downgrade – S&P Global
Triple-A tranches demonstrate “significant stability,” according to the ratings agency

Diameter, Silver Point shop first Euro deals to become new European CLO managers
EXCLUSIVE: The two deals add to a busy September pipeline, which also includes the expected debut for Royal London as a first time manager

Royal London pre-markets inaugural European CLO
EXCLUSIVE: The asset management arm of the Royal London Group is set to make its CLO management debut in September

Hayfin adds to surge of short-dated August Euro resets

CVC raises USD 700m for CLO equity fund, plans new products
The European private credit manager also expects to hold a final close for its European Direct Lending Fund IV in late 3Q

Credit quality of European CLOs improved since start of year – Fitch
A new report from Fitch Ratings points toward higher quality CLO portfolio credit in the year to date, despite a lower default recovery rate

The top five holdings of July’s CLO ETF launches in Europe
A round of high-profile CLO ETF launches by BlackRock, PGIM and UBS in Europe and their top holdings in July

Private debt market fundraising shows shift to Europe – Goldman Sachs
Private credit market fundraising has been pivoting to Europe, while global defaults remain below historical averages, according to new research from Goldman Sachs

UBS launches firm’s first European CLO ETF
The UBS EUR AAA CLO UCITS received approval in Luxembourg last month

Voya's first European CLO for the year prices tight with triple Bs at 300bps
The new issue was upsized to EUR 509m and is the manager's first European primary market activity since last November

Capital Four raises around USD 120m for first global captive CLO equity fund
EXCLUSIVE: The firm has held a first close for its latest CLO equity fund, which will fund the firm’s future CLOs in both the US and Europe

Mid-year market summary – challenges abound but CLO resilience shines through
ANALYSIS: The first half of the year saw CLOs whip-sawing between historical tights and the after-effects of the Trump administration's tariff policies – but the market remains on course for another potentially record year

Fitch warns of dimmer credit outlook for rest of year
The rating agency’s mid-year updates cites deteriorating economic growth from US policy uncertainty, tariffs and geopolitical risk

BNP Paribas taps alts head for combined BNP, AXA IM group
Isabelle Scemama will oversee more than EUR 300bn in assets as the two groups merge

Fortress prints second Euro CLO
The EUR 408m deal – co-arranged by Natixis and HSBC – comes eight months after the manager’s inaugural European print