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

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

Alcentra issues first repricing of 2017-era Euro CLO
The reset of Jubilee CLO 2017-XIX saw the senior triple As widen out by 44bps

CLO manager M&A driven by search for talent and scale
Irradiant’s star investor Maji set to depart as firm is acquired

Alcentra's USD 165m fundraise for own European CLO deals heralds dramatic shift for the region
EXCLUSIVE: The dedicated amount forms part of the USD 1bn fundraise announced by the firm earlier this week  

Alcentra raises over USD 1bn to invest in third-party as well as own CLOs
The funding will invest in CLO mezz and equity through the firm’s third-party CLO tranche investing platform and for its own issuance in Europe

Alcentra returns to market with large new Euro issue
The deal is the first new European CLO from the manager since September  

Alcentra prints Euro CLO reset with equity injection
Alcentra has reset a 2018-vintage transaction achieving a weighted cost of debt of Euribor plus 205.2bps, in line with the market but a sharp increase on the pre-reset levels

Alcentra hits reset again on 2014-vintage Euro CLO
Alcentra has reset a 2014-vintage European CLO for a second time valued a EUR 375m via Barclays  

Alcentra prints latest European new CLO with tight mezz spreads
Alcentra has priced a new European CLO valued at EUR 404.8m via arranger Jefferies

Second 2019 European reset from Alcentra gets priced
Alcentra has priced a European reset of a 2019-vintage CLO – its second restructuring of a pre-2022 deal within a month

Alcentra markets reset of a second 2019 European CLO
Alcentra is marketing a European reset of a 2019-vintage CLO, with the CLO expected to price in the next few days

Alcentra prints second European CLO of 2024
Alcentra’s second CLO of the year, a new European issue was arranged by Deutsche Bank and priced at the end of last week

European primary CLO market returns with new Alcentra deal
After a brief hiatus the European CLO market was back in business yesterday thanks to Alcentra and Citi

Alcentra adds to European CLO investment team with sell-side hire
A European CLO trader has switched to the buy side to join Alcentra

Manager looks to cut HY exposures in CLO-heavy credit interval fund
A credit fund manager has provided a performance update on is multi-strategy closed-end credit fund through regulatory filings, revealing it has beat its benchmark from 1 April to 30 September despite losing 13.66%

Franklin Templeton wraps up deal for $35bn Alcentra
Franklin Templeton has completed its acquisition of BNY Mellon’s $35 billion credit unit Alcentra

Fund performance: August provides much-needed relief for CLO funds
.August fund performance 

Experienced CLO investor lands at AlbaCore to launch structured credit business
AlbaCore Capital is launching a new structured credit business as a "natural extension" of its CLO business, according to sources. The manager has hired an Alcentra official to lead the charge

Founder of Alcentra's structured credit business to step down as PM
A long-time CLO tranche investor is set to move away from day-to-day portfolio management duties and take on a new role as senior advisor 

Alcentra prints European CLO with triple A coupon at 212bp
Alcentra’s Jubilee 2022-XXVI is the fifth European CLO to price in July, taking the month up to €1.89 billion. That is dwarfed by the 11 European CLOs that priced with a combined €4.78 billion in July 2021

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

Franklin Templeton buys Alcentra in $700 million deal
Franklin Templeton has agreed to buy BNY Mellon’s $38 billion credit unit Alcentra, which will see Alcentra combined with Franklin Templeton’s US credit manager Benefit Street Partners

HY fund is exception to rule of CLOs
CLO funds have had back-to-back years of outperformance versus credit, proving the asset class is a great place to invest, rain or shine. But a Wasserstein HY fund was the star performer in 2021  

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets