Brookfield taps CLO talent pool for syndication push
Brookfield’s recruitment of CLO expert Rachel Russell reflects a growing market for syndicated private credit, in which large-scale loan transactions and risk exposures are spread across multiple lenders

News in brief
Top stories on creditflux.com: including early summer visits to Clearlake and Nearwater

The right moment to take a chance
Stephen Ketchum founded Sound Point during the global financial crisis with seed funding of USD 35m. He moved into CLOs in 2012. Today, the firm has many arms and AUM of USD 46bn

US private credit CLO rankings – June 2026
Sustained strong issuance through its BCRED shelf over the first sixth months of the year has seen Blackstone claim the top spot in our private credit CLO issuance rankings for H1 2026, with an 11% market share, ahead of Golub and Bain

Banks are piling into the CLO market – BSP
Despite negative headlines around the alternative credit space, banks are still supportive of private debt and the CLO market behind closed doors, according to Benefit Street Partners

Fidelity issues inaugural private credit CLO with half-billion-dollar print
Fidelity has priced its first private credit CLO, becoming the latest player to enter the space, following Partners Group's similar debut deal last week

New private credit CLOs print from Apollo and Churchill
Apollo's ADL CLO 3 was valued at USD 515m and issued through Citi, while Churchill paired with Bank of America to price its USD 349m MMSLF CLO-V

Partners Group makes first foray into private credit CLO issuance
The manager paired with BNP Paribas to print Partners Group Private Credit CLO 1, valued at just under USD 402m

Fortress becomes latest manager to print static private credit CLO in 2026
Fortress has become the latest manager this year to price a static private credit CLO, following the likes of Blackstone, Barings and BlackRock

US private credit CLO rankings – May 2026
Substantial BCRED issuance sees Blackstone power to the top of Creditflux's private credit CLO manager issuance rankings for May, ahead of Golub, Bain and BlackRock/HPS

US levfin community raises USD 4.3m in annual melanoma research fundraiser
The networking evening at the Museum of Modern Art in New York City brought together members of the leveraged finance community across banks, private credit firms, law firms, LPs, private equity shops and more

Golub prices USD 625m private credit CLO
Santander acted as the arranger for Golub Capital Partners CLO 92(M), which issued its triple A paper at SOFR plus 146bps

Guggenheim resets three-year-old private credit CLO
The triple As priced at SOFR plus 163bps, narrowing 87bps from their existing spread level

US private credit CLO performance shows resilience—S&P
A new report from S&P Global Ratings shows US private credit CLO performance continued to show resilience in April, despite negative headlines

Blackstone’s big effort on private credit
As the world’s largest CLO manager by AUM, Blackstone is a prolific issuer, but rarely has it priced such large volumes in a single day

Blackstone prices billion-dollar static BCRED CLO
The deal follows a similar, but smaller, transaction from the manager in March

CLO equity and private credit offer comparable returns—Texas TRS
EXCLUSIVE: The US institutional investor giant approaches credit investments opportunistically and as it seeks to achieve a 7% return target for its overall portfolio, CIO Jase Auby told Creditflux

PGIM prices new private credit CLO
PGIM has priced the latest iteration of its Windhill series of private credit CLOs, with the USD 400.5m transaction issuing through BNP Paribas

Seward & Kissel hires structured credit head as CLOs, private funds converge
Taha Khan joins from Milbank to build out a structured credit practice that will advise on CLOs as well as complex fund finance solutions like CFOs and rated note feeders

US private credit CLO rankings – April 2026
Four months into the year, Golub leads Blackstone and Blue Owl in our private credit CLO manager issuance league tables. On the arranger side, BNP Paribas continues to head Scotiabank, with Natixis moving in front of SocGen to occupy the final podium slot

Golub shakes up leadership with co-CEOs, co-Presidents appointments
The alternative credit manager will have three co-presidents after promoting Spyro Alexopoulos and hiring two new executives

Mapping the future together
Credit market players are getting on with business, looking through the conflict in the Persian Gulf, and dealing with the resultant rise in inflation, all while hurriedly adapting to AI, which many are labelling the greatest transformative technology in our lifetimes

Comvest prints first CLO in seven months
The private credit manager priced Comvest Credit 2026-1 CLO on Monday, with its triple As issuing at SOFR plus 165bps

Abry Private Debt acquires USD 330m private credit portfolio
Abry partnered with Coller Capital on the credit secondaries transaction

Bank loan growth driven by lending to private credit and other funds—S&P
Total loan growth in the US banking system was driven by lending to nonbank financial institutions like investment funds from 2024 to 2025, the ratings agency found