2017 PGIM deal tops ranking of best-performing European CLOs
A PGIM-managed 2017 deal, Dryden 48 Euro CLO, made its first equity distribution in August, with the €6 million payment pushing the deal to the top of our CLO performance rankings for the month

CVC Credit appoints chairman as credit CIO steps down
CVC Credit Partners has today announced that Stephen Hickey will be leaving the firm for personal reasons. Joining the firm will be former JP Morgan leveraged finance head Hamish Buckland

Price talk tightens as Citi prepares European manager's first CLO of 2017
Citi is marketing a new European CLO with price talk on the triple As moving to 87-88bp

Update: European CLO league tables
Barclays, the leading arranger of European CLOs this year, has a lead of €530 million at the top of the 2017 league tables (as of the end of August)

High profile CLO trader parts company with Jefferies in London
Market sources say that an experienced CLO trader, credited with being a key part of Jefferies' expansion in CDO trading in 2010, has left his role

Job opportunity with Fair Oaks Capital
Fair Oaks Capital is looking for an investment manager in New York

Founder looks to take structured credit manager Zais private
Founder Christian Zugel has bid to take Zais Group private, ending its two year stint as a public company

Alcentra prices its sixth European CLO transaction of 2017
The €516.8 million deal pays the tighest triple-A spread following a Euro reset since April

Deutsche Bank plans second CLO for start-up European manager
The bank is expected to arrange a pan-European deal with a par value of between €325 and €400 million

Axa unwinds short-maturity CLO fund as 1.0 universe dwindles
Axa Investment Managers has recently wound down a fund designed to take advantage of a short-term opportunity in ageing CLO debt tranches

CLO industry says Citi marries quality and quantity
Citi, Nomura and Wells Fargo are among the leading service providers to the CLO industry, according to the results of Creditflux’s first ever CLO Census

Details emerge of Lyxor’s stab at CLO return
Lyxor Asset Management looks to have officially called time on its CLO management ambitions

Why CLOs will not cause the next financial crisis
It is hard to imagine a world in which CLO triple As suffer losses, but we should not be complacent

CLO managers like range of options
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League table update: Barclays takes a lead in euro CLO new issue
New European CLO volumes this year have been strong, at €9.9 billion by the end of August, making up the biggest part of the European primary market

Amundi taps former Lyxor specialist to head debt fund management
Paris-based asset manager Amundi has appointed CLO veteran Thierry de Vergnes, who previously worked at Lyxor, as head of debt fund management

Macquarie confirms senior fund specialist appointment
Macquarie has hired former Investec fund finance specialist Steve Berry to head up its Macquarie Specialised Investment Solutions division

JP Morgan promotes experienced manager to head European CLO business
The reshuffle at JP Morgan fills the hole left by former head of European CLOs Amberine Nagree

New York pension gets behind CLO manager's risk retention vehicle
The New York State Common Retirement Fund invested $450m in two credit funds in July, documents seen by Creditflux reveal

Debtwire euro ABS round-up: two UK deals enter the pipeline
Just one transaction priced in Europe’s ABS market last week, but another two have entered the pipeline

CLO round-up: number of US managers unfazed by risk retention hits 70
It says a lot about the CLO market this year that a week in which $1.6 billion of new issue paper prices qualifies as a 'quiet' week. Our analysis finds that 70 managers have priced new US CLOs this year - a 52% increase on 2016

Marathon leads the pack to top US CLO performance tables
Recently refinanced CLOs top our ranking of the deals with the highest equity distributions over the last week with Marathon Asset Management leading the way

Institutional investors - does Europe still provide the best opportunities in credit?
Cash or synthetics, CLOs versus CMBS, senior or junior debt? Institutional investors have a variety of ways to approach credit investing and Creditflux's biannual survey of credit allocators aims to determine which market they view as offering compelling returns

European CLO structurer lands at Credit Suisse
Credit Suisse has strengthened its CLO team in London after hiring a structurer

Experienced CLO portfolio manager leaves Lyxor
A CLO veteran has left Lyxor after 13 years with the Societe Generale-owned firm