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

LP round up: private credit takes big slice of inflows as 10% portfolio share projected for 2026
Institutional investors revealed nearly $4 billion allocations to credit funds in July, with recipients including Angelo Gordon, Apollo, Ares, BlackRock, Brookfield, CarVal, Comvest, Deerpath, KKR, Schroders and Sixth Street

BlackRock prints first MM CLO in over a month
BlackRock broke the middle market CLO silence on Thursday by pricing its latest deal, named BlackRock Maroon Bells CLO XI

Credit funds at a glance (August 2022)
A round up of fundraising and people moves in credit
   

CLOs at a glance (August 2022)
A listing of CLOs that have priced in the last month

BlackRock closes £1.7 billion private debt fund with wide mandate for UK pensions
The firm has deployed around 60% of the fund, which invests across US and European direct lending, US and European real estate debt and the firm’s global opportunistic strategy

Five credit managers win nearly $1 billion from UK pension pool
Five private credit funds emerged as winners after UK pension pool Border to Coast revealed $1 billion in a wide variety of private credit commitments

BlackRock CLO triple As set new benchmark of 205bp
The emerging benchmark triple A spread for three-year reinvestment CLOs is 205 basis points, with BlackRock having placed first pay notes there on its latest offering, Magnetite XXXV