CVC issues Euro CLO reset with wider cost of funding
The manager repriced its 2019-vintage Cordatus Loan Fund XV on Wednesday, adding EUR 28.4m in fresh equity

Arini preps fresh CLO, breaking new Euro issuance pause
EXCLUSIVE: The latest print will be the manager’s first new European issue of the year, and comes at a time of caution in the primary market

Euro CLO managers wait out volatility while investors feel bearish – FT Live gathering
EXCLUSIVE: The European CLO market remains in ‘wait-and-see’ mode regarding deal issuance for now, as investors voiced their concerns at the FT Live Euro CLO conference in London

US Bank recruits veteran securities executive as head of global investment services
The leading CLO trustee has hired Alan Flanagan from BNY

European CLO market predicted to double in size within five years
At the FT Live Euro CLO conference in London, managers have predicted rapid growth in the European market over the next five years

Palmer Square issues 2026's first static European CLO
Arranged via JPMorgan, the half-billion-euro new issue priced its triple As at 100bps over Euribor

European CLO rankings – February 2026
Apollo’s Redding Ridge leads narrowly from Permira in Creditflux’s year-to-date European CLO issuance rankings to the end of February

European CLO default rate remained stable in 2025 — Fitch
The annual default rate remained largely stable for EMEA CLO portfolios in 2025, while defaults decreased among issuers rated CC or below, according to new data from Fitch 

Spreads widen and issuances pause as CLO managers react to market volatility
EXCLUSIVE: Triple-A tranches are widening by up to 10bps amid a slowdown in CLO reset and issuance activity, according to multiple sources

Macquarie expands CLO ambitions with acquisition of Euro platform Spire
The deal sees Macquarie expanding its CLO management presence across the Atlantic, as competition for a slice of the European market hots up

European CLO issuance restarts after brief lull as Bain prints new issue
European CLO issuance kicked into gear on Wednesday morning after a short lull, as Bain Capital priced its first new Euro print for the year with a EUR 403m print via BNP Paribas

Optimism and pessimism hand-in-hand
In this issue, we address the credit markets’ shift to a negative tone. But there’s still much optimism. More CLO managers are launching. We spoke to 10 at various stages of starting up a business. Large investors like CalPERS and Singapore’s GIC are taking a flexible approach that may drive capital to private markets

‘We are trying to discern who has a moat and who doesn’t’
Investor's Corner with Laila Kollmorgen, portfolio manager at PineBridge Investments

News in brief
Top stories on creditflux.com: firms are planning launches and issuance despite slump

‘The enthusiasm has been great’
Why are so many new managers launching? Creditflux spoke to 10 who started a CLO business and found that, while it may sometimes be fraught, it’s a rewarding and enjoyable challenge

CLO portfolios are diversified across sectors — but not by business model
Sector analysis isn’t deep enough to discover which companies will be boosted by AI — and which will nosedive

Fund performance – March 2026
Mixed month for CLO funds mars credit’s positive start to 2026

CLOs at a glance – January 2026
Our list of recent CLO pricings globally

CLO Symposium 2026
The Creditflux CLO Symposium will be held at the The Chancery Rosewood, London on 20-21 April 2026

CLO primary market in Europe to go quiet amid oil price upheaval – Acer Tree
EXCLUSIVE: No new issues are expected to reach the market this week as investors and managers take a wait-and-see approach following new geopolitical pressures 

Private credit still deploying despite increasing risks – head of credit at CVC
PODCAST: Andrew Davies, head of credit at CVC Capital Partners, says the present uncertainty offered opportunities to reconsider the pricing of transactions, and the ability to structure those deals more conservatively

Creditflux showcases contributions, achievements and observations of outstanding leaders – Trailblazing Women
EXCLUSIVE: For International Women's Day, Creditflux speaks to Octagon's Lauren Law, PineBridge's Laila Kollmorgen and Ropes & Gray's Shona Ha

Latest new Euro CLOs from HPS and Ares showcase significant spread widening from mid-February lows
The triple As for both HPS' Aqueduct European CLO 17 and Ares’ European CLO XXIV priced at Euribor plus 127bps, while the overall cost of debt has also widened out some 20bps from the levels seen in February

European investors in waiting mode as CLO spreads widen amid Iran conflict
EXCLUSIVE: European CLO investors are taking a ‘wait-and-see’ approach with spreads starting to widen as geopolitical risk hits the market 

European originators hit brakes on ABS primary as geopolitics weigh on market
European ABS market has remained relatively resilient to geopolitical tensions, but originators still opt to pause deals