Golub follows Sixth Street by suing Dyal over Owl Rock merger
Dyal Capital’s merger with Owl Rock faces growing opposition with Golub Capital filing a lawsuit

Five-year CLO triple As rally to 124bp with Sixth Street US deal
Five-year US CLO triple A spreads have reached 124 basis points after Goldman Sachs priced a $430 million long-reinvestment CLO for Sixth Street Partners on Friday.

Sixth Streets hits €1 billion hard cap for second European direct lending fund
Sixth Street has closed its second European direct lending fund, Sixth Street Specialty Lending Europe II, at its €1 billion hard cap

LP round up: pensions plan private credit pacing as strategic credit takes on "midfield" role
US pensions have allocated $1.4 billion across 22 credit funds including those managed by Angelo Gordon, Ares and GoldenTree, according to recent board documents seen by Creditflux. Meanwhile a pension fund draws parallels between strategic credit and Jordan Henderson

LP round up: Arcmont, Ares and Sixth Street win European direct lending mandates
Investors have allocated around $2 billion to credit funds in recent weeks, according to board documentation seen by Creditflux. Among those to recieve allocations include ADM, Arcmont, Ares, Audax, Bain, Centerbridge, Clearlake, Goldman Sachs merchant banking,  Invesco, Monarch, Oaktree, Raven, Sixth Street and Sound Mark

Calpers allocates $3.5 billion to Sixth Street and Goldman Sachs
Californian pension heavyweight Calpers is allocating a whopping $3.5 billion to private credit managers 

Sixth Street prices first CLO following split from TPG
Sixth Street Partners has priced its first CLO under its own moniker. Named Sixth Street CLO XVI, it follows Sixth Street's split from private equity parent firm TPG in May this year

Sixth Street registers structured credit SMA
Sixth Street Partners has won a mandate to manage a structured credit separately managed account

CLO pipeline: managers prepare to end quarter with a bang
CLO issuance is showing no signs of slowing down as spreads continue to grind tighter and election day draws ever closer

LP round up: private credit drive gains momentum as Calpers backs Pimco
Private credit continues to be viewed as an attractive investment strategy for institutional investors, with four global allocators outlining new buckets, or increases to the asset class

LP round up: Connecticut eyes Fortress for private credit partnership
Investors placed $3.3 billion across 26 credit mandates over the past fortnight, according to documents seen by Creditflux 

Sixth Street nears $12 billion for flexible global credit fund
Sixth Street collected $8.5 billion for its fifth TSSP Adjacent Opportunities Partners fund, TAO 5.0, by the end of July, with the fund nearing its $12 billion hard cap

LP round up: Oregon eyes $1.8 billion into structured credit
Institutional investors have earmarked over $6 billion to credit funds over the past two weeks

Global CLO b-wic round-up: double Bs lead the way as rally endures and drags equity with it
The CLO secondary market continued its hard rally last week as prices rose across the whole asset class with double B rated CLO bonds leading the charge tighter

TPG spins off credit arm Sixth Street
TPG has officially split from its credit arm TPG Sixth Street Partners, following talks with respective investors earlier this year