Blackstone lifts the lid on Harbourmaster purchase price
Blackstone has for the first time disclosed the valuation it placed on Harbourmaster when completing the buy-out of the Dublin-based manager in January 2012

Wells Fargo prices manager's second deal of 2012 as CLOs keep coming
Another CLO has priced this week in what has been a rapid start to August

Taking the CVA route to valuing CLNs
Credit-linked notes can’t be said to have risk-free collateral any more. Dmitry Pugachevsky suggests pricing them using techniques developed for bank counterparty risk

Credit funds take direct action
Direct lending funds are springing up around Europe. But what do managers mean by direct lending? And what returns can their investors expect?

Restructured CLO joins the list of called deals
A former market value CLO has been called at the direction of equity investors

Global CLO manager plans its first CLO post crisis
A New York-based asset manager is raising a $358.5 million CLO according to market sources

Investor snaps up a majority CLO equity position
Secondary CDO volumes picked up yesterday as a majority CLO equity position trades

In credit – Indiscriminate selling creates opportunities
Alex Vaskevitch heads the high yield team at London-based BCM & Partners, a $1 billion asset management firm specialising in corporate credit. He manages the Zenith High Yield Bond Fund and, since April, the BCM High Yield Bond Fund. The two funds have the same basic fundamentals-driven strategy.

Spanish giants set up counterparty hedging desks
Two Spanish banks have set up credit valuation adjustments (CVA) desks in Madrid

Volatility saps CLO secondary demand
Yesterday saw four separate lists of CLOs hit the secondary market

High yield traders shrug off fund data
High yield price rise despite data showing investors are moving out of the sector

Canadian banks record losses due to credit crisis
National Bank's results add to host of Canadian reported losses.

UK bank takes SIV and CDO write-downs
UK bank takes SIV and CDO write-downs

SPQR and Natixis Asset Management set to launch new credit DPC
SPQR Capital, the investment management firm founded in May by ex-Deutsche Bank and JP Morgan executive Bertrand Des Pallières and named after the Latin phrase “Senatus Populusque Romanus” (The senate and the Roman people), is said to be preparing to launch its first fund in October