MidCap prints 2023's second-largest CLO to date
Apollo affiliate MidCap Financial priced a new middle market CLO on Friday that is the second largest primary market transaction of 2023

Apollo launches Atlas to shoulder assets from Credit Suisse unit
Apollo Global Management’s acquisition of Credit Suisse’s securitised products group has reached a milestone with the launch of a standalone business known as Atlas SP Partners

Global 2022 CLO league tables
Global 2022 CLO league tables

Alpha Dhabi taps Apollo Mubadala partnership with $2.5 billion private credit JV
The group will leverage Mubadala's relationship with Apollo Global Management to access "high quality private credit investment opportunities" 

Belstar partners with Apollo to launch global corporate and structured credit fund
Belstar Management Company has launched a credit fund to invest across global liquid and private credit - including both corporate and structured credit

Global CLO league tables - November 2022 YTD
Global CLO league tables - November 2022 YTD

Apollo scooped up $1.1 billion CLO paper amid UK LDI crisis, officials confirm
Apollo Global Management bought a whopping $1.1 billion of triple A and double A-rated CLO paper yielding over 8% in the three weeks of elevated bwic supply in October

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

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

Apollo and Pimco buy ‘significant portion’ of Credit Suisse's securitised products group
The move has prompted a rally for Credit Suisse, which on Thursday unveiled a strategic review “designed to reduce risk-weighted assets and leverage exposure”

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

   

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

LP round up: $2.7bn flows to 20 credit managers as investors battle PE overallocation
Investors faced huge headwinds in September with inflation, rising interest rates, and geopolitical turmoil, alongside the UK gilts sell-off at month end

Apollo reaches for bigger slice of pi(e) with 5% Diameter stake
Apollo Global Management has bought a 5% stake in credit fund and CLO manager Diameter Capital Partners, cementing the relationship between the firms

Michigan pension pledges over $1 billion to three US credit managers
Michigan Retirement System has pledged just over $1 billion to three credit managers

Apollo co-founder Harris launches $5 billion firm
Apollo co-founder Josh Harris announced the launch of a new $5 billion asset management firm on Friday named 26North Partners, which will invest across private equity, credit and insurance solutions

Global CLO league tables - August 2022 YTD
Global CLO league tables - August YTD

CLO x-rays reveal chapter 11-diagnosed borrower
18 CLO managers hold $380.2 million debt of medical imaging and non-destructive testing product provider Carestream Health, which on Tuesday filed for chapter 11 bankruptcy protection in the US Court for the District of Delaware. The firm entered into a restructuring support agreement to slash its debt by around $470 million

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

Apollo invests $1 billion in IG CLOs, launches secondary solutions platform and cuts BDC fees
In its earnings call, Apollo highlighted the resilience of the CLO asset class, strong deployment in direct lending, upcoming reduction in management fees for its publicly traded BDC and the launch of a new secondaries and sponsor solutions platforn, seeded by Abu Dhabi Investment Authority

Global CLO league tables - June 2022 YTD
Global CLO league tables - June YTD

Apollo sees value of diverse thinking in CLO investments
Officials at Apollo Global Management have praised the “diversity of thought” at Advent Capital after providing seed capital for Advent’s new CLO platform

Past returns: Ramp-up failings
Five years ago in Creditflux, we reported that CLO investors were fed up with misleading model portfolios.

Experienced US CLO portfolio manager lands at Advent
Convertible bond manager Advent Capital Management has put an important part of its CLO plans in place by hiring an experienced portfolio manager 

Redding Ridge prices $404 million print and sprint CLO
Redding Ridge Asset Management has priced a new CLO via Natixis named RR 21