Citi and Apollo launch USD 25bn direct lending program
Apollo Global Management and Citigroup have agreed to form a USD 25bn private credit, direct lending program, involving Athene and Mubadala Investment Company

Apollo’s Redding Ridge promotes Joe Moroney to CEO
Redding Ridge, Apollo's CLO management subsidary, has named Joe Moroney to be its new CEO 

Viola Credit partners with Apollo affiliate on USD 500m JV
Cadma Capital Partners has launched a joint venture with Viola Credit that will focus on making asset-based loans

Apollo eyes IG private debt trading
Apollo Global Management is looking to create a trading desk for investment grade private debt

MidCap resets brings in middle market CLO senior spreads 110bps
Apollo affiliate MidCap Financial's reset of a static middle market CLO from 2023 led to an eye-catching reduction in the triple-A spreads   

Apollo plans market’s first private credit ETF
State Street and Apollo are teaming up for the market's first private credit ETF, with a focus of investment grade private debt.

Apollo’s BDC prices massive new US BSL CLO
Apollo Debt Solutions BDC printed a USD 754.70m new issue CLO via Morgan Stanley with Apollo and Morgan Stanley sharing co-placement agent roles

CLO market wrangles over direction of liability spreads after August volatility
Investors are seeking to get wider spreads on CLO primary deals, but Blackstone and other managers are trying to keep firm on US triple-As at 135bps

Apollo prints latest CLO in Redding Ridge series
Senior spreads held steady as Apollo prices its second US BSL CLO of the year under the Redding Ridge name

Nuveen hires CLO veteran from Apollo
An Apollo managing director is joining Nuveen in August to be the head of CLO capital markets and structuring 

Apollo affiliate prices first triple-A rated aviation ABS since 9/11
Apollo-affiliate PK AirFinance has closed the market’s first AAA-rated aviation ABS public issuance since the Great Financial Crisis

Atlas SP keeps it in the family for CLO arranging debut
Apollo affiliate Atlas SP has made its lead arranger debut, taking the reins on refinancing a CLO managed by fellow Apollo affiliate Redding Ridge

Atlas SP poised to join CLO arranger ranks
Atlas SP is readying to enter the CLO arranging business, with the New York-based origination platform, which was formed out of the former Credit Suisse Securitized Products business, understood to be working on a forthcoming reset

Carlyle direct lending origination head jumps to Apollo
The head of origination and sponsor coverage for Carlyle’s direct lending business has joined Apollo, becoming the latest in a string of executives exiting the alternative asset manager

2021 vintage CLO gets a reset and a third name
Apollo’s Redding Ridge Asset Management on Thursday priced a reset of a US BSL CLO whose names include RR 29, RRX 3 and Gulf Stream Meridian 3

Guggenheim closes USD 1.2bn private credit vehicle
Guggenheim Investments has closed a USD 1.2bn levered private credit vehicle backed by Apollo

Apollo raises funds for special sits
Apollo Management has pushed ahead with its plans to raise funds for the second iteration of its credit special situations fund

Apollo launches new BDC backed by Mubadala
Apollo has created a new private BDC that will invest money from Abu Dhabi-based sovereign wealth fund Mubadala Investment Company, in addition to other institutional investors.

Diameter joins the 2022 reset club
New York-based Diameter Capital Partners priced a reset of its largest CLO to date last week, with the debt tranches on the 2022-vintage Diameter Capital CLO 4 upsized from USD 445m to 451.25

Redding Ridge reset marks Scotia's first lead arranger role
Scotiabank continued its push into the CLO arranging business yesterday, arranging its first CLO as the sole structuring agent and lead placement agent

Redding Ridge adds to tally with US new issue CLO
It has been a slow week for the CLO market but Redding Ridge has started the ball rolling again with its fourth US deal this year

MidCap goes minimalist for mid-market deal
MidCap Financial, an Apollo affiliate, has priced a new middle market CLO called MFIC Bethesda CLO 1

ICG taps Apollo partner as head of US liquid credit
The new head of US liquid credit has been tasked with helping grow ICG's US credit business

Diameter prices fifth US CLO
Diameter Capital Partners returned to the primary CLO market yesterday with its first US CLO this year

BlueBay prints new US CLO via RBC and Apollo
BlueBay Asset Management priced a new US CLO on Wednesday at $398.25 million