CLO veteran Geoffrey Horton leaves portfolio manager role at BlackRock
After a decade in CLOs, the US-based PM is decamping from BlackRock to make a move outside the structured products space  

BlackRock launches new CLO mezzanine ETF
BlackRock has added to its ETF suite, its second to provide access to CLOs and moving further down the stack  

BlackRock prices inside guidance throughout stack with latest Euro CLO
BlackRock has priced its first European deal of the year and printed the CLO notably tighter than prior guidance 

European BB spreads set to tighten as "fast money" chases yield
Mezzanine spreads on European CLOs look as though they will fall significantly lower as investors take on more risk

BlackRock marketing Euro reset with tightening spreads
BlackRock has been marketing a European CLO reset with talks of triple-As in the mid-120s  

BlackRock envisions private credit in retirement accounts
BlackRock seeks to be a pioneer in bringing alternative investments such as private credit to the retirement channel.

Spreads move lower as BlackRock CLO reset hits triple-A of 124
BlackRock has priced a second reset of a deal that has maintained a historically low cost of funding    

BlackRock refinances 2017 vintage US BSL CLO Magnetite XIX
BlackRock has printed a USD 469.25m refinancing of its Magnetite XIX with Wells Fargo servering as the arranger

BlackRock resets middle-market deal from 2022
BlackRock has reset a middle-market deal called BlackRock Maroon Bells MM CLO, simplifying the top of the deal’s structure in the process

BlackRock launches first evergreen private markets fund for Europe’s wealthy
BlackRock has announced the launch of an innovative evergreen private markets platform for wealthy investors in Europe

HPS deal is expensive but catapults BlackRock into private credit top five
BlackRock is poised to become one of the largest private credit managers in the world after agreeing to buy private credit manager HPS Investment Partners at a rich 30x multiple

BlackRock acquires HPS in USD 12bn deal
BlackRock has acquired HPS Investment Partners for USD 12bn in an all-stock transaction, creating a private credit franchise with a combined USD 220bn in client assets

BlackRock returns to European issuance with first CLO in 19 months
BlackRock has priced its first European CLO since April of last year arranged via Goldman Sachs  

New US CLOs price from Ares, Benefit Street Partners, Fortress, BlackRock, Trinitas and Voya
Most of the triple-A spreads confirmed the tightening of the senior portion of the primary market, including prints at 129bps, 130bps and 131bps, all tighter than the benchmark just a week ago

BlackRock prices US CLO at new 131 AAA benchmark
US BSL CLO triple As reached their tightest levels since early 2022 after the pricing of Magnetite CLO XLII yesterday

BlackRock prices two CLOs in a day, including big new issue
As well as pricing a US reset BlackRock has also printed one of the largest, and tightest, new US deals of the year with triple-As at 133bps

BlackRock returns to CLO new issue market with bumper USD 610m pricing
BlackRock has priced a mammoth new US BSL CLO issuance sized at USD 609.5m via Nomura

US spreads stay tight as BlackRock resets CLO at 135bps
Investor demand for senior CLO paper appears to be as strong as ever with the latest BlackRock reset pricing at 135bps for the triple-As

Three becomes five as BlackRock resets 2021 vintage CLO
BlackRock printed a reset of its US BSL CLO Magnetite XXIX today, a 2021 vintage deal noteworthy for its short timeline.

BlackRock prices short-dated CLO reset at 125bps
BlackRock Financial has printed a short-dated reset of its Magnetite XXII CLO, pricing the triple-A notes at SOFR plus 125bps

ORIX USA realigns private credit business with addition of BlackRock exec to team
ORIX Corporation USA has hired a BlackRock alumni as group head of direct lending, as the asset manager revamps its private credit business

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

BlackRock hires Goldman Sachs alumni for senior private debt role
BlackRock has hired a former Goldman Sachs veteran as co-head of private debt origination in France and head of origination in Spain

BlackRock expands investment grade private credit team
BlackRock has hired a senior executive from Pacific Life to lead the firm’s investment grade private placement platform

BlackRock confirms 145bps as the new benchmark for US AAAs
BlackRock, working with Citi as arranger, priced a new CLO last week with triple-A spreads that tied for the tightest in a non-short-dated US BSL