ICG reissues three European CLOs still bound by call locks in risk retention move
Intermediate Capital Group has shifted its CLO risk retention strategy to an originator structure by reissuing three of its deals

European CLO PM rumoured to be joining CIFC from large asset manager
CIFC Asset Management looks to have made a major breakthrough in its bid to establish a European credit business with the $17 billion asset manager rumoured to be hiring the head of European performing credit at a large global credit firm

Evolving strategy takes Norinchukin close to top spot in CLO investment
Over the years, Nochu has tweaked its cov-lite stipulations, and added mid market and European CLO exposure to its CLO investments. It’s now nearly the market’s biggest investor  

Past returns: Atlantic crossing
Five years ago in Creditflux we reported on Axa Investment Managers planning its debut US CLO with a view to becoming a global CLO manager. Today, US managers are prioritising the build-out of European CLO platforms

Growth in UK loan issuance sparks sterling CLO revival
Strong sterling denominated leveraged loan issuance relative to euro issuance in western Europe has inspired securitisers to launch CLOs in the British currency

European-compliant CLOs try to sidestep US risk retention rules
CLOs complying with European risk retention have had to tweak their legal language to avoid coming under US rules, in what has become known as a ‘conditional sales’ approach

Points up front: BlueGreen OneTreeHill United - the CLO team
Inspired by Serhan Seçmen’s keynote address at Creditflux’s CLO Symposium in May, we’ve come up with a World XI of CLO managers

Euro CLO league tables: 2018 volumes hit €22.6 billion after flurry of deals in June
The first two quarters of this year have delivered €22.6 billion worth of CLO issuance in Europe, almost matching the €22.7 billion that was issued in the first half 2017

Dutch bank makes its return to CLOs with first new issue in five years
A Dutch bank has returned to the primary CLO market, pricing its second 2.0 deal

Points up front: BlueGreen OneTreeHill United, the CLO team
Inspired by Serhan Seçmen’s keynote address at Creditflux’s CLO Symposium in May, we’ve come up with a World XI of CLO managers.

GSO prices €549.75 million short WAL reset of 2013 European CLO
GSO priced Europe’s second largest CLO transaction of 2018 yesterday, according to market sources

Neuberger's Dyal acquires minority stake in HPS
Dyal Partners, a division of Neuberger Berman, has acquired a minority equity stake in global credit manager HPS Investment Partners

Tikehau poaches Commerzbank leveraged loan trader
Tikehau Capital has appointed a secondary loan trader in its London-based CLO and leveraged loan fund team

PGIM refinances 2016 deal which pays its liabilities over six-month Euribor
PGIM has refinanced a 2016 vintage CLO which pays its debt liabilities over six-month Euribor

BlackRock poaches CLO tranche portfolio manager from London-based firm
BlackRock has hired a CLO investment specialist in London

Global head of credit correlation leaves JP Morgan to launch new hedge fund
Market sources say that a high profile figure, known to have been responsible for unwinding JP Morgan's 'London whale' positions, has left the bank to start his own hedge fund

Redding Ridge AM opens first European CLO warehouse
Redding Ridge Asset Management - the firm launched by Apollo Global Management - has opened a CLO warehouse with a view to launching a European transaction named RR Euro CLO

Carlyle markets its second new European CLO of the year
Carlyle Group has begun marketing a European CLO and is set to join GSO Capital Partners and PGIM as the only firms to price two new European CLOs in 2018

Kartesia hires Jefferies' former head of CLO trading in London
Kartesia, best known for investing in middle market companies in Europe, has brought in the former head of European CLO and CDO trading at Jefferies, Sharif Anbar-Colas

Carlyle teams with Natixis to price European CLO triple As at 79bp
Carlyle has become the first to price Euro CLO spreads below 80 basis points since May following a €508 million reissue

European spreads continue to drift wider as Accunia CLO prices
Accunia Credit Management has returned to the CLO primary market by issuing its third transaction, Accunia CLO III

London-based manager refinances award-winning 2016 CLO
Spire Partners refinanced its award-winning deal Aurium CLO II on Friday

Barings becomes third manager to refi a European CLO this year
Barings has priced Europe’s fourth CLO refi of 2018, according to market sources

BlackRock seeks $1 billion for new multi-strat opportunities fund
The new trust will invest at least 80% of its assets in fixed income securities and up to 40% in special situations, SEC filings reveal 

US CLO manager drops anchor in Europe to price its debut euro deal
A New York-headquartered manager priced its inaugural European CLO yesterday, becoming the 28^th manager to issue a new CLO on the continent in 2018