Milbank reaches largest ever size in Europe with marquee partner hire
For the London branch of CLO legal heavy-hitters Milbank, 2024 has been a transitional year — and certainly not in circumstances the firm had anticipated 12 months ago

Taking stock after a long hot summer
As fall approaches, the global CLO and leveraged loan markets are in a strong position. But will records set in 2021 tumble?  We compare the numbers — and find out what the market thinks

CLOs at a glance
Recent US & European CLO issuance

Jefferies prices short-dated Euro CLO reset for Permira
Jefferies has continued its series of short-dated European resets with a 1Y/2Y reworking of a 2018-vintage Permira CLO 

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

Triple-Bs tighten as Apollo prices new European CLO
Apollo’s latest new-issue European CLO saw the manager price the second-tightest triple-B spreads seen this year

AXA IM Alts launches IG ABS Fund
The latest fund launch by AXA is looking to raise at least EUR 1bn for a broad portfolio of investment-grade ABS assets 

Pinebridge reworks 2016-vintage CLO for the third time
Pinebrides has priced a refinancing of a 2016-vintage CLO for the third time via JP Morgan

European CLO market focuses on resets as pipeline fills out
CLO deal activity is set to be robust in Europe through the autumn months with managers mainly focusing on resetting older vintage deals 

Spire notches second CLO deal of 2024 with ’22-vintage reset
Spires priced a 2022-vintage reset with Jefferies arranging the EUR 374m CLO 

CVC gears up to reset a 2016-vintage European CLO
CVC has joined the Autumn deal calendar and has been marketing a reset of a 2016-vintage CLO via Natixis

Investcorp's head of European credit funds Philip Yeates leaves firm amid leadership shake-up
Philip Yeates, head of European credit funds at Investcorp, has left the firm as the asset manager undergoes a leadership shift that's seeing co-CEO Hazem Ben-Gacem set to depart later this year and executive chairman Mohammed Alardhi take on CEO duties

Evangeline Lim departs from Arini and retires from CLO industry
Arini's head CLO PM Evangeline Lim is leaving Arini, triggering a shak-up that sees the firm's deputy CLO PM Ben Rothberg replacing her

European CLO primary picks up as Partners reset prices
After an August in which only three deals priced in the European market, things appear to be ramping up once more with the reset of Penta CLO 14

KBRA hires Scott Duggal as it raids buy-side, sell-side, and journalism
Ratings agency KBRA has turned to the buy-side, sell-side, and journalism for a raft of senior hires in Europe

European BSL CLO Rankings - August 2024
Our latest rankings for the European CLO market, including arranger and manager league tables

Blackstone’s head of liquid credit Rob Zable set to leave firm
One of the biggest names in the CLO world is making a change, with Rob Zable leaving Blackstone by the end of the year

CLO round-up: Market braces for a busy September
The US and European CLO markets are bracing for a flood of deal activity from market participants as the fall season kicks off

Jefferies markets 2023 European CLO reset
Following a quiet period in August the European CLO market appears poised for activity once more as Jefferies markets a reset of a Penta CLO

Clearlake Capital agrees to buy MV Credit
Clearlake Capital has agreed to purchase European credit manager MV Credit Partners from Natixis Investment Managers

Fair Oaks wins approval to launch industry’s first European CLO ETF
Fair Oaks Capital has received approval from Luxembourg-based regulator CSSF to launch the industry’s first European CLO ETF 

Onex prints reset of European CLO deal from 2017 vintage
Onex Credt Partners resets a European BSL CLO first inked in 2017 via BNP

Rockford Tower prints a new European CLO in late August
Rockford Tower Capital Management priced a new EUR 405.90m CLO in the second to last week of August in Europe

CLO market wrangles over direction of liability spreads after August volatility
Investors are seeking to get wider spreads on CLO primary deals, but Blackstone and other managers are trying to keep firm on US triple-As at 135bps

What August slowdown? Blackstone prices new CLO in Europe
Blackstone prints new European CLO with triple-A spreads at 135bps via BNP