Brightwood prices sole CLO reset in second half of 2022
Brightwood Capital Advisors reset its 2020 middle market CLO named Brightwood MM CLO 2020-1 on 21 December, in the process completing the only CLO reset in the second half of 2022

Tikehau launches inaugural $300m CFO
Tikehau Capital says it has closed its inaugural collateralised fund obligation, joining the likes of Churchill Asset Management and Nassau Corporate Credit who have launched such structures this year. 

Fund performance: Light at the end of the tunnel for credit funds after difficult year
Following a tough September, credit funds bounced back in October as 59% of funds made positive returns.

Credit hedge fund returns (December 2023)
Credit hedge fund returns

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

Belstar partners with Apollo to launch global corporate and structured credit fund
Belstar Management Company has launched a credit fund to invest across global liquid and private credit - including both corporate and structured credit

LP round up: 27 managers find the top corner with investor wins
Credit fund managers like to take it one fund at a time and give it 110% for their 90-minute investor fund pitches - and it's working as $3.8 billion was allocated during November and early December. The gaffer would be proud. 

Golub becomes 2022's largest mid market CLO issuer by deal volume
Golub Capital Partners has become the year's largest issuer of middle market CLOs by pricing its third transaction

Panagram assembles private mid-market CLO
Panagram Asset Management has put together the latest in a series of middle market loan CLOs in the form of Cedar Crest 2022-1

Owl Rock becomes first manager to print three middle market CLOs in 2022
Blue Owl Capital became the first CLO issuer to price a third middle market CLO this year on Friday

Maranon prints first new middle market CLO in November
Maranon Capital has priced the first new middle market CLO of the month 

Past returns: Alhambra CLO paves the way
Five years ago in Creditflux, we reported that Be-Spoke Capital was launching the first SME European CLO since the financial crisis.

Fund performance: Wake us up when September ends
After a resurgent August, credit markets hit a rough patch in September, with every Creditflux index posting negative returns, and only 12.9% of funds in our listings showing a positive return.

Credit hedge fund returns (November 2022)
Credit hedge fund returns

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

Franklin Templeton wraps up deal for $35bn Alcentra
Franklin Templeton has completed its acquisition of BNY Mellon’s $35 billion credit unit Alcentra

Nuveen strikes deal to buy European direct lender Arcmont
Nuveen has reached an agreement to buy a controlling stake in European credit manager Arcmont Asset Management

Cerberus opts for rare three-year non-call on new CLO
Cerberus Business Finance priced a new middle market CLO on Wednesday, with investors agreeing to a rare call-lock duration of three years

Florida manager rides back into CLO market with first new issue in four years
HIG Capital has returned to the CLO market with its first new issue in over four years. The manager priced a $661.5 million middle market CLO named WhiteHorse Principal Lending CLO 2022-1

First Eagle mid market CLO features unusual capital structure
First Eagle Investment Management has priced a new middle market CLO with a rare twist at the top

Fidelity Investments eyes CLOs as part of multi-strategy credit fund
Fidelity Investments is preparing to launch a new multi-strategy credit fund, which will “opportunistically rotate across the entire credit spectrum”

CIFC hires Carlyle's credit investor relations head
CIFC Asset Management has hired T Michael Johnson as managing director and co-head of business development

Investors tipped to take on key role in growth of CFOs
It’s early days in the renaissance of the market for collateralised fund obligations (CFOs), but market participants are looking forward to how the product will evolve.

Credit funds at a glance (October 2022)
A round up of fundraising and people moves in credit