Mount Logan adds junior debt in reset of 2018 mid-market CLO
Mount Logan has reset a Us mid-market CLO it signed in 2018, increasing the size of the deal and shaving the cost of the capital stack and adding junior tranches

Golub prices second billion dollar and second-largest CLO of 2021
Golub Capital has priced the second largest CLO of 2021

Angelo Gordon keeps hold of mezz tranches with mid market CLO
Angelo Gordon has moved into middle market CLOs by printing its first deal backed by loans to middle market companies. The firm retained all junior and mezzanine liabilities in a deal that appears not to carry a public rating

Antares and Palmer Square give new life to legacy CLOs via resets
Antares Capital Management and Palmer Square Capital Management each reset a CLO on Tuesday, with the two deals worth a combined $964.8 million

Maranon prints first new issue of year with Wells Fargo
Maranon Capital on Monday evening priced its first new issue CLO of the year, via Wells Fargo

Bain and Blue Owl upsize middle market CLOs with resets
Bain Capital Credit and Blue Owl Capital each reset a middle market CLO on Monday, with both managers opting to upsize their vehicles without changing the equity tranche sizes

Barings jostles cap stack with mid-market CLO reset
Barings has reset a middle market CLO it signed in 2017, increasing the overall size of the deal slightly with a shift in weighting between the single A minus and triple B minus pieces

Angelo Gordon unit set to break into mid market CLOs
Twin Brook Capital Partners is preparing its first middle market CLO, in a move which would put Angelo Gordon alongside Blackstone as the firms with the most rounded CLO businesses

Guggenheim prints first new CLO in 18 months
Guggenheim Investments on Thursday issued its first new CLO in over 18 months

Credit Fundraising: Private credit and CLO captive equity feature strongly as closes mount up
Credit funds have made a fair start to the fourth quarter, although the $21 billion raised during October is down substantially on September’s impressive record for 2021

Credit funds at a glance (November 2021)
A round up of fundraising and people moves in credit

Niche credit funds make mid-market flexibility count
Funds that have the flexibility to invest in mid-cap debt issuers prospered in September, amid the usual swarm of outperforming CLO funds

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

Alcentra appoints liquid credit PM as head of responsible investing
Alcentra has built out a dedicated responsible investing team and has appointed its liquid credit portfolio manager to the newly created role of head of responsible investing

Bennett Goodman's Hunter Point buys stake in MidOcean
Hunter Point, which was launched by Blackstone Credit’s co-founder Bennett Goodman alongside Avi Kalichstein in 2020, has made its first investment and bought a minority stake in mid-market specialist MidOcean

Capital One scores first solo CLO arranging credit for Brightwood Capital
Captial One Securities has priced its first CLO as sole placement agent by arranging a middle market deal for Brightwood Advisors

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

BofA CLO trader departs after 16 years to join US pension giant
Former Bank of America CLO trader has left the bank after 16 years to move to the buy side

Monroe promotes PM as CEO Koenig drops president title
Monroe Capital has promoted a partner and portfolio manager to president. Ted Koenig remains the firm’s chairman and CEO

KKR announces new co-CEOs as Kravis and Roberts step down
KKR has announced the appointment of its second ever pair of co-chief executive officers, effective immediately, replacing co-founders Henry Kravis and George Roberts

CLO refi and reset volumes surge with $2.3 billion priced on Friday
CLO refi and reset volumes surged on Friday with $2.3 billion priced across the US market, according to market sources. Brigade Capital Management, MidOcean Credit Partners and New Mountain Capital reset regular-way CLOs, Blackstone Credit scored a regular CLO refi, Sculptor Capital Management refinanced a bond-heavy CLO, and Ivy Hill Asset Management reset a middle market CLO

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

"I’m passionate about broader representation within investment teams"
CIP's Leila Donnachy takes our credit quiz 

Credit Suisse plans mid market CLO push as it prices PennantPark deal
Credit Suisse arranged its first CLO backed by middle market loans in almost four years on Friday, pairing with PennantPark to print the manager's latest new issue deal

First Eagle prints fourth middle market CLO
First Eagle Investment Management has priced its fourth and largest middle market CLO, bringing its mid market deals under management to $1.5 billion