PIMCO and LCM refi short-dated US transactions
PIMCO and LCM Asset Management have each reworked three-year reinvestment US CLOs, with both deals arranged via Bank of America

Apollo’s Redding Ridge resets Irradiant deal from 2021
The reset of the short-dated deal renewed the timetable as a standard-duration 2Y/5Y

DoubleLine refinances its latest CLO
The manager paired with Citi to reprice its most recent new issue, Parallel 2023-1, in a USD 365m transaction

Investors say CLO market is hot but caution remains
Optimism is returning to the CLO market in both the US and Europe and momentum is rapidly rebuilding, as investors acclimatise to the policy vagaries of the second Trump administration

‘Opportunities will present themselves’
Investor's Corner with Kathy Sutherland, GoldenTree CEO

News in brief
US credit returns fail to reflect risk

Mapping the present and future of credit
Keynote speakers at this year’s Creditflux Symposium highlighted the success of credit markets during recent volatility and argued that a wave of securitisation could drive growth in Europe

GoldenTree snaps up global award... again
Last year, GoldenTree was named Creditflux Global Manager of the Year. This year it repeated that achievement — but it also swooped for our US manager of the year and closed-end fund awards

We made it through to the other side
LMEs and Trump tariffs were hot topics at the Creditflux CLO Symposium 2025. But managers agreed that the market has survived — and maybe even thrived — through recent volatility

As direct lenders seek efficient, scalable financing tools, private credit CLOs are growing fast
PCLOs have reached USD 135bn, or 13% of the overall CLO market

The market will not look kindly on managers that don’t reset their deals
In today’s CLO market, the choice is stark: reset or slowly perish

Credit hedge funds – April 2025
Credit hedge fund performance

Credit funds at a glance – April 2025
Our roundup of top performers, fundraising and moves in credit

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

Sagard launches new equity fund to back future Sagard-HalseyPoint CLO issuance
The fund from the Canadian alternative asset manager is targeting a raise of USD 250m

Sculptor resets three-year-old US CLO
The USD 369m reworking of the 2022-vintage deal repriced its triple As at SOFR plus 145bps

AGL resets second 2023 CLO in a month
The reworking of AGL CLO 25 comes a month to the day after the reset of AGL CLO 24

Trinitas returns to market with fresh US BSL CLO
Trinitas Capital Management has printed its latest new US BSL issue, as dealmaking activity in the CLO market remained robust

Neuberger Berman matches US AAA market tight with latest new CLO
The US BSL deal, the second of the year from the manager, priced the top of the stack at SOFR plus 130bps

Voya prices tight with latest new US print
The USD 405m deal priced its senior triple A paper at SOFR plus 131bps, just one basis point outside the current market low

Elmwood prints third new US CLO in the last two months
The USD 512m Elmwood CLO 43 follows on from the USD 402m ‘print-and-sprint’ Elmwood CLO 41, and USD 355.5m Elmwood CLO 42, which both printed in April

Sixth Street prices second new US CLO this year
Mezz spreads tightened in considerably compared to the manager's first new print of 2025, which followed the Liberation Day tariff announcements

Benefit Street Partners raises USD 500m for captive US CLO equity fund
BSP will use the capital to fund as many as 20 US CLOs during the next four years

Chatham becomes latest debut US CLO manager
Chatham Asset Management has priced its first deal via its new CLO management subsidiary, CTM Asset Management, following issues from Arini in April and Macquarie in May

Birch Grove resets 2023 US BSL CLO, increases leverage
The reset of Birch Grove CLO 6 increased the size of the debt tranches for the deal by 15%