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

BlackRock keeps up issuance with new middle market CLO
In a flurry of activity, BlackRock followed its Magnetite XVII reset last Tuesday with a new middle market CLO deal the following Wednesday, just outside the tightest such deal recorded so far this year

BlackRock reshuffles European fixed income group leadership
BlackRock is rearranging its European fundamental fixed income group with a new senior-level promotion, as veteran Michael Krautzberger plans his departure

Another European CLO single B gets drawn by Blackstone
Blackstone priced its second delayed draw issue in three weeks via BNP Paribas, this week targeting Glenbrook Park CLO 

BlackRock names new head of private credit for India
BlackRock's Maheshwar Nataraj gets a promotion as Dhruva Agarwal departs. 

BlackRock CLO PM lands at Carlyle
BlackRock’s lead US CLO portfolio manager is moving to Carlyle, according to market sources

Indonesian sovereign wealth fund hires former BlackRock credit exec
Former BlackRock executive Christopher Ganis has been hired by the Indonesia Investment Authority, or INA, as managing director of investments, overseeing the hybrid capital solutions division

BlackRock launches securitised asset fund
BlackRock has launched a new securitised asset fund dubbed the BlackRock Senior Securitised Fund with at least 65% exposure to ABS and no more than 35% to CLOs

BlackRock raises EUR 1.25bn for venture debt fund
BlackRock-owned Kreos Capital held the final close on the Kreos Capital VII fund with commitments of EUR 1.25 billion

BlackRock matches recent tights for the latest 2022 vintage CLO reset
The steady stream of 2022 vintage CLOs resetting continued today, with BlackRock resetting Magnetite XXXV

BlackRock creates ESG-focused credit fund
BlackRock launches new strategy as interest in private credit and sustainable investments continues to grow

SocGen keeps up activity in middle market CLOs
The French bank priced a new middle market CLO for BlackRock last week

Short-dated US CLOs are in fashion with BlackRock pricing new deal
Magnetite XXXIX features a one-year reinvestment period and triple-As at 155bps

US triple As reach 165bp as BlackRock CLO prices
Nomura priced the tightest vanilla CLO of the year for BlackRock yesterday, a $504 million new US CLO called Magnetite XXXVII

BlackRock eyes next infra debt fund
BlackRock Alternatives is looking to launch a second global infrastructure debt fund, shortly after the departure of its European head of debt

BlackRock markets new CLO indicating spreads to tighten dramatically
BlackRock is marketing a new $503.15 million CLO via Nomura that appears on track to become the tightest US deal of the year to date

Angelo Gordon brings in BlackRock exec for credit team
Angelo Gordon expands distressed debt and special situations team with new hire from BlackRock

Nomura Private Capital taps BlackRock for new senior role

Nomura Private Capital hires new head of opportunistic private credit from BlackRock. 

BlackRock buys European direct lender
BlackRock has announced that it will acquire full control of Kreos Capital, a European direct lender specializing in the technology and healthcare sectors.

LP round up: HPS wins $550m mandate as Ares launches third US direct lending fund
US institutional investors allocated nearly $3 billion to credit funds in April. The news comes amid a BlackRock survey in the month which showed significant investor interest in private credit