Fortress prints first Sofr-linked middle market CLO
Fortress Investment Group has priced the first middle market CLO with liabilities linked to Sofr

Fortress pushes first post-Libor middle market CLO
Fortress Investment Group is marketing a new CLO via Deutsche Bank, which is understood to be the first middle market CLO to launch referencing Sofr

CLO 2022 Outlook: 2021 is hard act to follow, but CLO buyers have positives aplenty
New CLO issuance in 2022 will remain elevated but below 2021’s record numbers, banks agree. But there is no consensus among strategy desks on the volume of repricings to come, partly due to the unknown impact of the Sofr transition.   

Infra CLO becomes first to opt for solely Sofr benchmark
The first CLO to dine completely on Sofr tranches wasn’t a run-of-the-mill deal. Instead it was an infrastructure-loan securitisation issued by Starwood Capital at $500 million, named STWD 2021-SIF2, according to market sources

CVC shakes up structure with Apidos CLO reset
CVC has reworked the capital stack of a US CLO it signed last year, with a reset that shaves pricing but also shifts the size of tranches

Goldman hires veteran CLO structurer to boost US business
Goldman Sachs has hired a well known CLO structurer to its operations in New York

AB sharply tightens mid-market CLO debt stack with refi
AB Private Credit Investors (formerly AllianceBernstein) has refinanced  debt tranches from late 2020 mid-market CLO, greatly narrowing spreads in the capital stack

Sculptor moulds unusual debt/equity hybrid tranche into new US CLO
Sculptor has issued a CLO with a senior equity tranche, which pays a recurring coupon 

Elmwood and KKR make it to eight new US CLOs in 2021
Elmwood Asset Management and KKR Asset Management each priced their eighth new US CLOs of the year on Monday, becoming just the fifth and sixth manager to achieve this feat

CIFC, Generate and Monroe secure combined $1.3 billion CLO resets
CIFC Asset Management, Generate Advisors and Monroe Capital each reset a CLO on Monday with the three deals amounting to $1.34 billion

CLO Census results: Citi and JP Morgan still top in US but Jefferies breaks through in Europe
Citi and JP Morgan are the clear favourites in US CLO arranging – the pair are locked in a close battle for supremacy over deal volumes and they have been voted joint-best at US CLO execution, according to the results of Creditflux’s CLO Census

US CLO pipeline: newcomers look to follow Beach Point's lead by pricing before year-end
Beach Point Capital Management became the latest debut issuer in the US CLO market on Friday, and Sycamore Tree Capital Partners and Putnam Investments are set to join it    

Trimaran goes long with five-year US CLO as it splits triple Bs
Trimaran Advisors has priced its second new CLO of 2021, and first with a full five-year reinvestment period.

Everyone’s ramping

Credit funds at a glance (October 2021)
A round up of fundraising and people moves in credit

Busy KKR prints new US CLO and refinances another
KKR Credit had an active day in the CLO primary market on Wednesday, printing one new CLO and refinancing another

Deutsche Bank adds credit trading head to US build out
Deutsche Bank is looking at the next phase of its US development with the hire of a credit trading head from another bank 

Mid market CLO league tables: No change up top but KKR and Silver Point enter race
The mid market CLO space welcomed two new faces to its ranks last month as Silver Point Capital and KKR priced a new issue CLO each

Global CLO league tables - Aug 2021 YTD
Global CLO league tables - Aug 2021 YTD

Silver Point makes CLO debut with $400m middle market deal
Silver Point Capital has become the third manager to debut in US CLOs after printing its first CLO on Friday

No summer slowdown for US CLO refis as July volume passes $2.7 billion
Two CLO managers refinanced legacy transactions on Tuesday, bringing total refinancing volume for July to above $2.7 billion

Owl Rock prints unusual mid market CLO from first lien-only strategy
Owl Rock Capital has priced an unusual middle market CLO out of its first lien-only strategy known as Parli

Credit funds at a glance (July 2021)
A round up of fundraising and people moves in credit

CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
CLO spreads have leaked out in recent weeks but deal economics are still favourable, encouraging managers to come back to the primary market for the first time this year

Deutsche Bank plugs gap as it hires US CLO syndication head
Deutsche Bank has filled a gap on its CLO syndication team by hiring from one of the most productive CLO teams in the business