BlackRock launches securitised asset fund
BlackRock has launched a new securitised asset fund dubbed the BlackRock Senior Securitised Fund with at least 65% exposure to ABS and no more than 35% to CLOs

Managers eye opportunities as real estate struggles
Difficulties in the US commercial real estate market are providing opportunities for adventurous investors.

Janus Henderson expands ETF lineup
The new Janus Henderson Securitized Income ETF will invest in ABS, commercial mortgage-backed securities, CLOs, mortgage credit and agency mortgage-backed securities

Capital Four named new sub manager of high yield bond fund
Danish boutique asset manager Capital Four revealed on Tuesday that it will take over sub-management of the Nordea 1 - International High Yield Bond Fund, as the firm continues to build out its investment capabilities in the US

What do you think?
The Creditflux CLO Census is back for its seventh instalment. Our annual stock-take of the global CLO industry begins on Monday, 2 October — it’s your chance to make your voice heard

Fund performance
Positive August for credit sees CLO funds on top again

Credit hedge funds
Credit hedge funds performance data

Capital Four beefs up US credit team with three new hires
The Danish-based credit manager is expanding its US presence

CLO manager raises new captive equity fund
The New York-based alternative asset manager raised a new CLO equity fund with a first close of USD 136m

New digital asset lender launches
Ex credit trader among team looking to bring structure to crypto market

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Credit hedge fund returns (September 2023)
Credit hedge fund returns  

CLO funds are hot in summer as they take nine spots in top 10 (Fund performance)
CLO funds took the lead through summer as the returns of the category index reached 1.88% and 3.18% in June and July, respectively. Both months saw a CLO fund as the top performer — Sound Point Meridian in June, and Oxford Gate Master Fund in July.

Ares second Pathfinder credit fund nears $5 billion target
Ares raised an additional $1.8 billion in 2Q23 for asset-backed fund

West coast manager adds new global co-head to securitized group
Peter Van Gelderen will take up the role of global co-head of the securitized group in Los Angeles in October

MUFG loses global head of structured products as departures continue
Another senior official has exited MUFG's structured products team, following Asif Khan's departure in June 

CLO structurer trades Mizuho for tech and energy services provider
A member of Mizuho's CLO structuring team moves to solar technology and energy services provider SunPower

Job opportunity with Allstate: structured credit analyst
Allstate Investment Management has released details of a structured credit analyst job opportunity

Angelo Gordon strengthens structured credit team
Angelo Gordon announced a mix of internal promotions and new hires for its structured credit team yesterday.

Obra completes acquisition of KDP assets following bankruptcy filing
Obra Capital has acquired the assets of KDP Investment Advisors following the latter firm's chapter 11 bankruptcy filing in May of this year

Secondary CLO prices continued to rise across June
US BWIC secondary prices continued to rise in June, according to a report by KopenTech. 

Panagram launches its second CLO ETF of the year
Panagram Structured Asset Management has launched its second CLO exchange traded fund of 2023, naming the fund Panagram AAA CLO ETF

Illiquid assets are increasingly hot in the private markets according to Aeon survey
Illiquid assets may offer protection against macro uncertainty, according to findings from a new survey.

Asset management firm creates new credit platform
Insurance and asset management firm Nassau launches new credit platform with more than $8 billion in assets under management. 

Blackstone hires sell-side CLO trading head
Blackstone Credit is beefing up its team with a new hire to the liquid credit strategies group.