Guardian transfers USD 30bn of assets to HPS as partnership deepens
Insurance company Guardian will increase its minority equity stake in HPS and transfer USD 30bn of assets as part of expanded strategic partnership 

iHeart secured group advisors in confidential talks with company
iHeartMedia, still an important name in the US CLO market, is back in the news, potentially impacting 482 different CLOs

Loan repricings continue to flood the primary market ahead of August lull
The US primary loan market has seen a steady flow of well-bid deals this week that were either upsized or priced tighter

Fund performance
Spire, Prytania and Serone funds enter top 10 dominated by CLOs; Leading fund: Alegra ABS 2

Credit hedge funds
Credit hedge fund performance tables

Credit funds at a glance
Top indices; recent hires; recent fundraising

This year sees elections affecting about 49% of the world’s population
There are many reasons to fear the populist right, but markets are more scared of uncertainty

Credit hedge funds
Credit hedge funds

Credit funds at a glance
Credit funds at a glance

LevFin fighting back to counter two years of direct lending dominance | DebtDynamics EMEA
Traditional lenders are battling to retake control of LBO funding from direct lenders, and syndicated leveraged loans appear to have the edge

John Hancock launches multi-asset credit interval fund
A new fund, managed by affiliate Manulife | CQS, will invest in multi-asset credit strategies and fixed-income asset classes  

CLOs and Private Credit can learn to coexist, conference hears
A discussion led by Debtwire's Head of Leveraged Loans Jelena Cvejic, brought together an audience of lawyers, CLO managers and private credit players to hear about the battle between the two. 

CLO funds maintain strong start to 2024 to stay top year to date
The first quarter of 2024 has been a memorable one for CLO funds, as the category continues its dominant spell, claiming 7 of the top 10 spots in March

Credit hedge funds
Credit hedge fund performance

Credit funds at a glance
Credit funds at a glance

Carlyle co-chair expects buyouts to rebound from ‘denominator effect’ in 2025
With concerns growing in the US CLO market about the lack of new loan supply, an article from our sister publication Mergermarket provides a glimmer of hope.

Apollo raises funds for special sits
Apollo Management has pushed ahead with its plans to raise funds for the second iteration of its credit special situations fund