CLOs at a glance – September 2025
Our list of recent CLO pricings globally

Brookfield to buy remaining Oaktree stake, becoming full owner
The USD 3bn transaction will give Brookfield full ownership of the top-40-ranked CLO manager

Orrick reveals expansion plans following arrival of new CLO team
EXCLUSIVE: David Quirolo, partner in Orrick’s London office, intends to build out the firm’s London-based structured finance team 

Cadwalader starts to rebuild with trio of partner promotions
EXCLUSIVE: Cadwalader has appointed three new partners, after losing 37 members of its CLO and asset-backed lending team to rival law firm Orrick

Orrick hires 37-lawyer team from Cadwalader, headlined by Quirolo
The experienced CLO specialist headlines a major recruitment of CLO and ABF lawyers across both European and US offices

Private credit shop Corinthia mulls entry into CLO issuance
EXCLUSIVE: The firm has begun deploying the USD 5bn of capital it raised for direct lending and eyeing next step to kick-start middle market CLO issuance 

Blackstone’s Jane Lee to leave the firm
EXCLUSIVE: Blackstone's head of CLO capital formation who spearheaded its CLO issuance has resigned to take time off

Mizuho EMEA names former BNP Paribas exec as CIB head
Matthew Ponsonby will become head of Mizuho EMEA’s corporate and investment bank, and president and CEO of Mizuho International on 1 October

Pseudo-trading plan language becoming increasingly formalised for CLOs – Dealscribe
The new report " new CLO basket is born" says that the development makes aggregation period language “nearly identical” to a traditional trading plan

CLO market braces for First Brands fallout
Auto part supplier's leveraged loan has been bid at 40 cents on the dollar, boding ill for recoveries and a hit to equity returns, as First Brands hurtles toward a restructuring

Equity funds keep CLO market active even as arb thins
CLO managers are raising equity capital to back their own issuance, and the surge is transforming the market

‘We like managers that are honest about the risks’
Investor's Corner with Elena Rinaldi, portfolio manager at TwentyFour Asset Management

News in brief
Stress in good quality companies opens up opportunities, says Oak Hill Advisors' Alan Schrager

CLOs at a glance – August 2025
Our list of recent CLO pricings globally

European BSL defaults may tick up slightly – AlbaCore
The firm is currently looking to get more exposure to some CLO equity, double Bs and single Bs, as spreads across all parts of credit have tightened since this past spring, portfolio manager Seán Golden told Creditflux

Stubborn US CLO liability prices begin to tighten as deal supply eases
US CLO spreads have tightened markedly as a result of lessening supply, market sources told Creditflux, with triple As in particular finally showing a belated response to the broader tightening across financial markets

‘Battle-tested’ US CLO ETFs resume rapid growth
ETFs have become one of the most important investors in the CLO space. After a rocky period earlier in the year, when CLO ETFs experienced real outflows for the first time ever, they may now be stronger than before, and extending their reach to Europe

‘Liabilities have not moved as fast. They are halfway there’
Investor's Corner with Ujjaval Desai, head of structured products investing at Sound Point Meridian Capital

News in brief
Investors are complacent despite rising recession risk, says Eagan

CLOs at a glance – July 2025
Our list of recent CLO pricings globally

We are seeing a slowdown in sales and earnings growth – Carlyle’s Lauren Basmadjian
The roll out of tariffs and economic uncertainty that kicked off earlier this year is starting to take a toll on portfolio companies, and Carlyle’s head of liquid credit is taking a more conservative stance as spreads remain remarkably tight

Europe sees huge surge in July issuance as US consolidates
ANALYSIS: It was all about Europe in July, as a massive sweep of resets powered the European market to one of its strongest months ever

Global CLO law firm rankings - Q2 2025
Our global rankings for CLO law firms for the first half of 2025

Apollo looks elsewhere, saying CLOs suffer from commoditization
The alternative asset manager said CLOs have tightened to levels that are unsustainable

August issuance set to fall short of last year as arb worsens
Both US and European CLO markets are expected to take a breather in August given lessening impetus to rush deals and the arb worsening