KKR prices second deal in programmatic private credit CLO strategy
The transaction is the second in the manager’s series of private credit CLO issues under the KIMM (KKR Institutional Middle Market CLO) banner, following the pricing of KIMM CLO I in October 2024

TPG to raise new capital for CLO platform
The alternatives firm also launched a new middle market direct lending strategy that targets larger borrowers than the existing Twin Brook franchise

US lev loans, CLO spreads move in opposite directions as market worries deepen over software loans
ANALYSIS: The unusual dynamic has been driven by worries about disruption from artificial intelligence, as investors fret about the potentially wide-ranging impacts across a range of sectors

PennantPark resets 2024-vintage private credit CLO
PennantPark has reset a 2024-vintage private credit CLO, tightening its senior triple A spreads by 87bps from the level they issued at two years ago

Benchmark US CLO AAAs narrow again with Oak Hill reissue
The market’s triple-A spread has now tightened 5bps since the end of last year

Global CLO law firm rankings – FY 2025
Milbank and Paul Hastings again top Creditflux’s global legal manager and arranger counsel rankings for 2025 – but the shifting legal landscape drove changes further down

CLO platform M&A sees green shoots
ANALYSIS: CVC’s recent agreement to acquire Marathon Asset Management in a deal that sees the top European CLO player double-down on its US CLO presence may prove the start of trend 

GoldenTree US CLO reset sees AAAs tighten in to 115bps
GoldenTree’s triple-A spread has the market approaching the tights last seen 12 months ago, before growing supply and US tariff policies saw spreads widen significantly 

Janus Henderson European ETF platform exceeds USD 1bn as it expands UCITS ETF range
The launch of the US Short Duration High Yield Active Core UCITS ETF follows a period of significant growth, with the European ETF platform surpassing USD 1bn in assets and the global ETF platform exceeding USD 40bn

US CLO AAAs narrow as CIFC prints tightest deal since March
CIFC Funding 2026-I is the tightest standard-duration US BSL CLO to price since New York Life’s Flatiron 30 issued in March last year

BlackRock prices unusual single-tranche static CLO
The USD 399m deal, arranged by Morgan Stanley, was split almost evenly between a single triple A-rated loan tranche, and LP interests

CLO manager rankings by AUM – FY 2025
Blackstone once again ended the year on top, but Apollo broke through to secure the second spot

AAAs must tighten further to make CLO equity appealing – Clarion
EXCLUSIVE: There needs to be more movement in CLO liabilities, not just more M&A volume, for net interest margins to reset

Blackstone exits GP stakes position in Marathon after CVC buyout
Blackstone to receive USD 280m for stake; the asset manager first invested in Marathon in 2016

Cadwalader eyes CLO comeback post-merger
EXCLUSIVE: Cadwalader confirms plans to remain in the CLO business, and hopes to expand its client offering after the Hogan Lovells merger

First Brands seeks to extend plan exclusivity to 22 April in 'massive, complicated' bankruptcy
Complexity cited, with 112 debtor entities and over 100 non-debtor subsidiaries; USD 1.1bn in new money DIP financing secured, with stabilisation efforts ongoing

Silver Point and OFS add to new US CLO issuance with inaugural 2026 prints
Bank of America was the arranger for Silver Point’s half-billion-dollar offering, while OFS paired with Goldman Sachs for its first new CLO in 10  months

CVC enhances US credit offering with Marathon acquisition
CVC Credit has extended its reach in the asset based, real estate, opportunistic and public credit markets by acquiring US credit manager Marathon Asset Management

Golub prices its first new BSL issue of the year
Golub Capital CLO 87(B) was priced at USD 407.7m, and arranged by BNP Paribas

M&A dealmaker denial over world’s ‘morbid symptoms’ risks rude awakening – Continental Drift
OPINION: Deal bullishness rules as geopolitical rupture rocks Western world; Carney draws line under old world order with Davos intervention, as inflation, consumer weakness and credit signals point to shaky reality

New Crescent US CLO prices AAAs at SOFR plus 128bps
The manager paired with arranger Jefferies to price Atlas XXVII as a USD 409.6m transaction

Invesco prices its first deal of 2026 via Barclays
The reset of Invesco 2023-4 saw the senior triple As narrow 53bps from their original issue level

CLO ETFs attracted USD 14.8bn of investor cash in 2025 – Morningstar
Total net inflows for US-domiciled CLO ETFs fell short of the highs seen in 2024

Onex and CIFC price tightest resets of 2026 so far
Onex 2021-23 was arranged via CIBC as a USD 372m offering, while CIFC engaged Bank of America for its reworking of CIFC 2023-III