Apollo's MidCap returns to mid market CLOs with $509 million deal
MidCap Financial priced its first middle market CLO of the year yesterday, ending the manager’s 11 month hiatus

Apollo reworks 2012 CLO for second time
Apollo Global Management teamed up with Citi on Friday to rework a 2012 vintage CLO for a second time

CLOs at a glance

A round-up of CLO performance

Control equity in two US CLOs changes hands in secondary market
Control equity in three US CLOs was up for sale yesterday at 10am New York time, according to market sources

CLO refi spreads shift wider as Apollo reworks 2016 deal
The US CLO refinancing market has moved drastically wider over this month, suggesting that the CLO term curve is flattening out

SEC proposal could strengthen BDCs’ power to purchase funds
The Securities and Exchanges Commission (SEC) has released proposals to allow regulated US funds, including listed funds, closed-end funds and business development companies (BDCs), to acquire shares of other regulated funds in excess of current limitations

Apollo's credit funds report gains in 2018 despite Q4 slump
Apollo saw $21.6 billion inflows throughout the quarter leading to a record total assets under management of $280.3 billion. The firm, however, reported a net loss throughout the quarter 

US pension commits $100 million to Apollo's hybrid private credit/private equity fund
Pennsylvania State Employees’ Retirement System has mandated $100 million to a multi-strategy fund managed by New York-based Apollo Global Management

Apollo draws in $2.36 billion for structured credit fund
Apollo Global Management is edging towards a final close for its fourth structured credit fund

US CLO league tables: low volumes drive big changes at the top
Despite a quiet month, September brought quite a shuffle in the US CLO league tables with new a plethora of new market leaders

Apollo prices $831 million refi of 2013 CLO
Apollo Global Management has launched itself to the top of the 2018 US CLO refi league table after pricing 2018’s largest refi transaction

CPPIB hires high profile European credit portfolio manager in London
Canada Pension Plan Investment Board has hired an experienced PM who previously worked on CLOs and private credit at Apollo

American Beacon teams up with Apollo for credit interval fund
Regulatory filings reveal that Apollo will allocate assets across four main areas: US corporate credit, global corporate credit, structured credit and real estate credit

US CLO league tables: CSAM aces it to take top spot in new issue reshuffle
Carlyle Group now leads the CLO market on two fronts with the firm moving into top spot in the 2018 US CLO rankings, adding to its position as a market leader in Europe

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

No end to Apollo's appetite for refis as manager reworks eighth deal in 2018
Apollo Global Management’s CLO refinancing spree shows no signs of slowing down

Apollo's MidCap unit takes CLO AUM beyond $2.5 billion
MidCap Financial has taken its CLO AUM beyond $2.5 billion just 17 months after pricing its debut CLO in February 2017

Apollo restructures 2016 CLO in refinancing
Apollo Credit Management has refinanced and restructured its 2016 CLO ALM XVII, according to market sources

Apollo prices short-dated CLO reset worth $1.22 billion
Apollo Global Management priced a $1.12 billion reset of ALM XVI today

CLO b-wic line up: equity in Apollo euro deal with low funding costs goes on sale
European CLO equity is so often described as being the most illiquid part of the global CLO market, but the last few days there has been a significant amount of trading in this area.

Apollo prepares billion dollar CLO reset with Goldman Sachs
Apollo is preparing to price a $1.12 billion CLO reset via Goldman Sachs, according to a Moody’s presale report

US CLO round-up: volumes move in sync with 2017, but it could not be more different
$111 billion of CLO isssuance this year compared to $113 billion by this point last year. But new managers, spread movements and no risk retention make it seem like a completely different environment

Third time's a charm as Apollo reworks 2012 CLO once again
Apollo Credit Management has cemented its status as the most frequent restructurer of its older vintage CLOs

Apollo prices 2018's largest CLO refinancing
Yesterday saw 2018’s largest CLO refi transaction to date, as Apollo Credit Management issued a $726.13 million repricing of its 2015 deal, ALM XII