CLOs at a glance
Our list of recent CLO pricings globally

JPMorgan forecasts strong new CLO supply, 120bp AAAs, in 2025 outlook
JPMorgan's CLO research team has forecast ongoing strong US CLO new issuance for next year to some USD 180bn in 2025 while Europe is also expected to maintain its record new-issue performance with some EUR 45bn in new issuance next year

Creditflux announces date for 2025 CLO Symposium & Manager Awards
Our flagship CLO Symposium & Manager Awards will be returning on 14-15 May 2025 in an expanded two-day format at a new home, Nobu Hotel London Portman Square

Oak Hill Advisors increases target cap to a billion dollars for new CLO equity fund
New York-based Oak Hill Advisors has raised USD 459m so far for its new CLO equity fund and increased the cap by USD 200m

Moody’s forecasts robust economic performance underpinning continued strength in CLOs
The ratings agency’s outlook for 2025 is upbeat about the prospects for both the US and European CLO markets, helped by declining leveraged loan defaults

Rockford Tower prices Euro and US resets on same day
King Street Capital Management affiliate Rockford Tower echoed KKR and Permira in pricing dual European and US CLOs at the end of last week

KKR joins CLO captive equity rush
Investment giant KKR is fundraising for a new CLO captive equity fund with an impressive target size, joining managers like Bain, Beach Point and Brigade who all hit the news this week 

JPMorgan fights back after raft of shock departures
The news that JPMorgan had lost three of its most senior bankers sent shockwaves through the CLO world. But in the weeks since, JPMorgan has been fighting to hold the fort with some success.

Long lock-ups and quick entry tempt three new firms into CLO management
Regardless of the ebbs and flows of the market, and whether times are volatile or calm, the CLO market can count on more shops wanting to enter the space

CLOs ‘enjoy’ yet another crazy month
Strong CLO deal flow continued in October. The month came in as easily the busiest so far this year.

CLOs at a glance
Our list of October CLO pricings

Bain Capital fundraising for third captive CLO equity vehicle
Bain Capital Credit has become the latest CLO manager to start fundraising for a new captive equity fund

Fidelity Investments buys Fidelity International’s European CLO platform
Life has become a little simpler for CLO investors, as the two different Fidelity CLO platforms combine into one manager

CLO fundraising round-up - November 2024
CLO funds have had a stand-out year, and both fundraising and fund returns have soared, with managers out in the market with both third-party and captive CLO funds

Accunia launches new investment-grade US CLO fund
The Danish asset manager Accunia has launched an IG CLO fund and is currently looking for investors 

New managers hustle to join buoyant CLO market
New entrants are bustling to join the ranks of BSL CLO managers in both the US and Europe, with Obra, Fortress and CIC all in the market

Kirkland & Ellis recruits two new structured credit partners
CLO lawyer Jared Axelrod and structured finance specialist Suril Patel have joined Kirkland in its New York and London offices respectively

Nuveen and AGL among those plotting debut as European CLO managers
US-based firms Nuveen, AGL Credit Management and LCM Asset Management are among those planning to kick-start CLO deals in Europe

2024 Q3 CLO law firm rankings
Our definitive global, US and European rankings for CLO law firms in the first nine months of 2024

2024 Q3 CLO trustee rankings
Our definitive global, US and European rankings for CLO trustees in the first nine months of 2024

2024 Q3 CLO manager rankings by AUM
Blackstone regains its crown as the largest CLO manager in the world in the lateset update to our definitive CLO manager league tables by principal liabilities

SMBC swoops in to take JPMorgan’s CLO leadership
In one of the most dramatic moves the CLO market has ever seen, SMBC Nikko has swooped in and hired three of the most senior members of JPMorgan’s CLO leadership team

Belron’s record dividend deal opens path for more loan issuance
Leveraged loan investors have a message for private equity firms struggling to sell their portfolio companies and distribute cash to their LPs: try us for a dividend

CLOs at a glance
Recent CLO pricings in the US and Europe

Pearl Diver raises USD 100m for first investment grade CLO fund
CLO equity specialist Pearl Diver has expanded up the stack with the launch of its first investment grade CLO fund