Blackstone prices static BCRED CLO
The transaction is the first non-reinvesting deal to price under the BCRED shelf

Clearlake launches Clearlake Credit to chase private and public credit investments
The new platform will integrate the newly acquired MV Credit and WhiteStar Asset Management

Apollo Debt Solutions BDC prices its debut CLO
The private credit transaction from the fund, which is run by Apollo Credit Management, is the market’s second debut CLO pricing in three days

Mid-market PE firm becomes newest CLO manager with USD 402m print
Kohlberg & Co. priced its inaugural deal on Monday, with the market’s first new private credit CLO in three weeks

Brightwood prices first new CLO in more than 12 months
The middle market specialist's first primary market activity of 2025 was also the first new private credit deal to price in three weeks

CLO portfolio values, new issuance face tariff risk—KBRA
Market volatility and uncertainty around tariff plans have already led to some CLO deals being put on hold or delayed

Mid-market CLO refis price from Cerberus and PennantPark
The two deals both priced their senior triple As at SOFR plus 135bps

Dechert adds Paul Hastings partner to bolster private credit, CLO biz
Brian Whaley will bring his experience in private credit, securitization and structured products to the global finance group

Antares resets another super-sized middle market CLO
The transaction added USD 72m in equity and USD 450m worth of triple A paper

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

Partners Group seeks to more than double private credit AUM
The alternative investment firm plans to grow private credit AUM to more than USD 70bn and could consider acquisitions

A holiday funds roundup
A recap of end-of-year happenings as the industry kept moving right through the holidays and the new year celebrations

Daniel Loeb’s Third Point agrees to acquire Birch Grove
Billionaire Daniel Loeb’s Third Point said it will acquire AS Birch Grove from American Securities, in a move designed to expand the hedge fund's credit capabilities, according to a press release

US MM CLO Rankings - November 2024
Golub continues to dominate our latest manager rankings for the US MM CLO market, with SocGen standing out among the arrangers

Willow Tree prices second middle-market CLO
Willow Tree Credit Partners has priced a new middle-market CLO, three months after the manager’s debut offering in September

Barings prices Europe’s first ever private credit CLO
Barings and BNP Paribas have priced Europe’s first ever private credit CLO, achieving a historical feat that had eluded the region so far

Fortress Credit prints its second new middle-market CLO of 2024
The senior triple-As priced at 159bps in Fortress' second private credit CLO, a full 61bps tighter than the manager's previous deal back in January 

US MM CLO Rankings - October 2024
Golub continues to dominate our latest manager rankings for the US MM CLO market, with SocGen standing out among the arrangers

Cerberus prints short-dated MM CLO that matches BSL spread levels
The triple-As for the 1Y/2Y private credit CLO priced at 135bps, on top of current levels for longer dated 2Y/5Y BSL CLOs

Blackstone prices ultra-tight private credit CLO
Blackstone has followed fellow US behemoth KKR in rethinking its approach to private credit CLOs, with the first such deal under the Blackstone Secured Lending Fund (BXSL) shelf

Antares sets new AAA tight for a middle-market CLO (again)
Antares beat its own triple-A benchmark when it priced Antares CLO 2024-6 with a senior spread of SOFR plus 156bps

Ares sets new tight for new issue middle-market CLOs
A simple structure with two debt tranches included triple-As that priced at SOFR plus 154bps, the tightest level yet for a middle market CLO 

Golub resets billion-dollar middle-market CLO from 2019
The reset of Golub's monster deal from 2019 includes a fresh equity injection that takes the total deal size to USD 1.07bn

The middle market goes mainstream
Middle market CLOs were a niche product. Now we call them private credit CLOs — and they are growing faster than BSL CLOs

Antares sets new triple-A tight with mid-market print
The relentless tightening of MM CLO spreads has continued with Antares pricing  a new MM CLO with triple-As paying SOFR plus 157bps