Squarepoint makes moves to debut as CLO manager
EXCLUSIVE: Global investment firm has been interviewing candidates to launch a CLO business 

Sixth Street reprices four-year-old US CLO
The USD 465m reset of the 2021-vintage US BSL CLO tightened its triple As and overall cost of funding moderately

Brigade prices partial refi of 2021 US CLO

The refi consolidated the existing deal's top-of-stack loan and note tranches into a single note coupon

Redding Ridge resets second Irradiant CLO within a week
The reset of Rad CLO 20 comes five days after the manager's reset of another Irradiant deal, Rad CLO 15

Blue Owl issues third Wise CLO of 2025
The capital stack for Wise CLO 2025-3 consisted entirely of A-letter-rated debt, with the triple As clearing at SOFR plus 135bps

Monroe Capital Partners returns to primary market with first 2025 print
The deal’s upper mezz priced in line with earlier investor guidance, but the triple Bs priced notably wide, with the spread remaining unchanged from its pre-reset level

Bain sees moderate narrowing with refi of three-year-old CLO
The USD 544m repricing covered all but the deal's fixed-rate triple A tranche

KKR takes year-to-date US issuance to USD 2.5bn with latest reset
The USD 313m repricing of KKR CLO 52 reworked a deal that originally printed in May 2023

Turning Rock hires head of credit
The new head of credit joins from Z Capital Group, where he oversaw both funds and CLOs

Morgan Stanley Eaton Vance joins 2023 reset trend
The manager has become the latest in an increasingly long line to reset a two-year-old US BSL CLO in recent weeks

Benefit Street Partners adds another new CLO to its 2025 roster
The manager has priced its ninth primary market issue of the year, with its total 2025 issuance approaching USD 5bn

GoldenTree breaks 130 level with latest US reset
GoldenTree has achieved a new triple A tight for US BSL resets in the post-Liberation Day environment, become the first manager to break the SOFR plus 130bp level

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