Ex-Morgan Stanley head of originations starts as Octagon’s head of private credit
EXCLUSIVE: The new hire will lead the liquid credit shop’s new direct-lending strategy, launched earlier this year

New mid market issues from Ares, Deerpath total over USD 1.3bn
The two managers each priced deals worth over USD 650m on Thursday

Mid-market flurry continues as three private credit deals price
Private credit CLO issuance is powering ahead with three deals, together valued at USD 1.27bn, pricing in a single day from market heavyweights Golub, Carlyle and MidCap

Morgan Stanley Direct Lending debuts inaugural private credit CLO
Morgan Stanley Direct Lending Fund, a business development company, has launched its first private credit CLO 

Former Morgan Stanley MD, ex-CalPERS CIO launch opportunistic credit shop
The new firm, Square Nine Capital, has offices in New York and Los Angeles

HPS prints new private credit CLO with triple As at 165
The deal is the second mid-market issue for HPS so far this year

Clearlake seals largest new direct lending deal for Dun & Bradstreet
Ares leads deal, taking USD 1.5bn; Morgan Stanley, Clearlake Capital Markets, Golub and Blue Owl also helped arrange the largest new unitranche ever

Clearlake, direct lenders plan to ink USD 5bn private credit loan for Dun & Bradstreet
EXCLUSIVE: A group of direct lenders led by Ares are wrapping up a USD 5bn term loan and USD 500m revolver, prepping to sign commitment documents within hours

Clearlake abandons bank-led option for a private credit loan to replace Dun & Bradstreet financing
EXCLUSIVE: The private equity firm is going with the Ares-led private credit loan rather than tapping banks to raise debt in the capital markets 

Blackstone prices static BCRED CLO
The transaction is the first non-reinvesting deal to price under the BCRED shelf

Golub prints largest CLO ever in reset of 2023-vintage middle market deal
The USD 2.32bn reset brings the total capitalisation of Golub Capital Partners CLO 65(M) to USD 2.5bn

Morgan Stanley launches European direct lending fund open to Europe's wealthy
The investment management arm of Morgan Stanley hopes to leverage its US wealth experience to distribute the new product to European clients  

Ares lowers 2024 tights with new middle market CLO
Ares continued its busy year with its 22nd transaction – a new middle market CLO that set a new triple-A tight for 2024

Middle market CLO reset spreads tighten dramatically in new Golub reset
Golub had a busy Friday last week, with a reset of a massive middle-market deal from 2018 showing the tightest such triple A spreads this year

Twin Brook grows MM CLO business with upsized deal number three
Angelo Gordon yesterday priced the third iteration of its Twin Brook series of middle market CLOs in a USD 445.75m transaction, upsized from an initial USD 350m