New kids on the block dominate awards

Spire wins Creditflux Manager of the Year award
Spire Partners was the big winner at Creditflux's Manager Awards last night as the London-based manager scooped the award for the manager of the year. On top of this, the firm picked up awards for Best European CLO Manager and Best European CLO for Aurium CLO II

Prospect's $500 million CLO fund merges with Stira Alcentra global credit fund
Prospect Capital Management’s $500 million closed-end CLO fund has officially merged with a global credit fund managed by Alcentra and Stira

Alcentra prices new euro CLO with longer non-call period
Alcentra has priced a new euro CLO with Barclays arranging the transaction, according to market sources

Credit funds at a glance

A round-up of fundraising and people moves in credit

Alcentra and Barclays launch new euro CLO with longer call-lock
Alcentra is in the market for a new euro CLO, with Barclays arranging the transaction

The financial crisis was the making of 'em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today's standards - but these 1.0 outperformers are now among the biggest names in the industry. 

Alcentra issues new European CLO via Morgan Stanley
Alcentra has become the seventh CLO manager to price a new issue deal in Europe this month following a €411.1 million deal arranged by Morgan Stanley

Alcentra's 2018 European CLO volumes to pass €1bn mark following new issue
Alcentra is marketing a €411.1 million new issue CLO named Jubilee CLO XXI

Euribor cap makes second appearance as Citi prices reset for Alcentra
Citi has issued a second CLO featuring a capped tranche at the triple A level, according to market sources

Alcentra plans its second European CLO transaction of the year
Alcentra is marketing its first European CLO reset of 2018, with price talk for the triple A notes ranging from 90 to 92 basis points

US CLO league tables: CSAM aces it to take top spot in new issue reshuffle
Carlyle Group now leads the CLO market on two fronts with the firm moving into top spot in the 2018 US CLO rankings, adding to its position as a market leader in Europe

Warehouse rating announcement suggests busy new issue pipeline for Alcentra
Alcentra has opened a warehouse facility with plans to launch a new CLO named Jubilee CLO 2018-XXII

Alcentra goes for three years of reinvestment in 2014 CLO reissue
Alcentra has reissued a 2014 vintage CLO with discounted triple A notes

Alcentra prices its first new issue CLO of the year in the US
Alcentra priced its first new issue US CLO of the year on Friday named Shackleton 2018-XII

European CLO round-up: wider it goes, but there's more to it than meets the eye
There’s no escaping it; European CLO spreads are drifting wider, but there may be more to it than meets the eye

Alcentra markets its first new issue European CLO of 2018
Alcentra is launching its first new issue CLO of the year with pricing expected in the next two weeks

CLO b-wic line-up: soon to be static Euro triple As go up for sale
Fresh off the UK bank holiday yesterday, there is one CLO aution scheduled today for CLO investors interested in European triple A-rated tranches

US CLO round-up: spread widening hits CBOs (as well as CLOs)
Anchorage has priced two bond-heavy securitisations this year and financing costs are clearly increasing

Alcentra reissues 2014 US CLO in $602 million deal
Alcentra has reissued another of its US CLOs with Shackleton 2014-V being given a new lease of life after Credit Suisse yesterday priced a reissue of the deal

King Street loses out as European loan specialist has change of heart
Market sources say that King Street Capital Management came tantalisingly close to bringing in a senior official to help establish its European CLO business

Alcentra holds $513 million close for CLO-focused fund
Alcentra has held a final close on its third structured credit opportunity fund with $513 million capital commitments - which has the ability to invest in US and European CLO equity, mezzanine tranches and warehouse capital 

US firms to continue CLO charge in Europe despite risk retention still applying
Europe is expected to welcome an influx of new CLO managers this year, despite the continent being subjected to CLO risk retention

US manager hires Alcentra loan PM to spearhead new European CLO unit
A US manager is expected to make its first move into the European CLO market after hiring an experienced loans specialist in London