CLO market turns to print-and-sprint deals as volatility spikes
EXCLUSIVE: Napier Park, TP Birch Grove, and BlackRock attempt print-and-sprint deals as the maths gets tougher; AGL and Blackstone pull off deals

CLO manager M&A driven by search for talent and scale

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

Elmwood signals entry into Europe with BlackRock hire
EXCLUSIVE: US-based asset manager Elmwood has hired a European CLO veteran from BlackRock 

BlackRock shifts European CLO leadership with veteran departing
EXCLUSIVE: BlackRock is seeing changes to their CLO team in Europe after agreeing to purchase US-based alternative asset manager HPS

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 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 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

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  

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

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 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

Euro CLO league tables: New faces at the top after a first post-pricing upsize
Only three deals priced in Europe in April for a total of €1.2 billion but even in a quiet month, the European CLO market offered something new

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

BlackRock prints European CLO at tight end of guidance
BlackRock has priced its European CLO new issue, BlackRock European CLO XIV

BlackRock delivers price guidance on upcoming Euro CLO
Price guidance has emerged on BlackRock's forthcoming new issue, BlackRock European XIV,