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

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 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. 

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

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

BlackRock deal sets tightest CLO liability pricing since 1 March
BlackRock priced a new CLO on Thursday named Magnetite CLO 36, scoring the tightest liablity pricing since 1 March in the process

BlackRock prints middle market CLO via two arranging banks
BlackRock priced a new CLO named Mt Hood CLO X on Tuesday, the first new transaction pbacked by middle market loans to print in three weeks

US CLO pipeline: Spreads and tenors disperse as six managers eye new issues
Dispersion has come to the fore in the US CLO market with higher tier managers able to price their triple As in the 180-185 basis points range and others up around 200bps. But this week’s pipeline shows there is some divergence in the length of CLOs coming to the market too

Managers look to sell double B-rated CLOs at par again
In a sign of the bullishness of CLO debt investors, early 2023 has begun to see a significant portion of the market for double B-rated paper issue at par.

BlackRock scores tightest US CLO triple A print in over six months
BlackRock priced its first CLO of the year on Wednesday, placing its triple A notes at Sofr plus 187 basis points and scoring the tightest senior print in over six months in the process

US CLO pipeline: Triple A dispersion coming to fore as Palmer Square aims to open market again
The US CLO market is set to reopen with five managers in various stages of marketing new issue CLOs, according to sources

SEC charges former BlackRock PM with undisclosed conflict of interest
The Securities and Exchange Commission said it has charged a former BlackRock portfolio manager for failing to disclose a conflict of interest in a fund he managed from 2015 to 2019

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

BlackRock launches impact bond fund
BlackRock has launched a fixed income fund focused on green, social, and sustainable bonds as well as ‘impact’ MBS and municipal investments

Creditflux CLO Census results: JP Morgan claims clean sweep of US CLO arranging categories
Following the close of this year’s census, JP Morgan was a quadruple winners in the US, with results declaring it the best at syndicating, structuring and providing both the best access to loans and the best warehouse service

Large CLO investor becomes latest to launch triple-A focused CLO ETF
A large US manager joins the likes of Alternative Access, Janus Henderson and PineBridge/VanEck, that have launched CLO exchange traded funds since 2020

Mid market CLO league tables: Natixis extends lead with two new issues but SocGen stays close
Of the three mid market CLO new issues that priced in August, market leader Natixis arranged two of them to put some breathing room between it and its nearest rivals