US CLO pipeline: MidOcean and Seix look to end three-year drought as others rock and reload
14 US CLO managers are in various stages of marketing their latest offerings, with a wide scope of names for investors to choose from

CIFC hires Carlyle's credit investor relations head
CIFC Asset Management has hired T Michael Johnson as managing director and co-head of business development

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

Past returns: US firms become Euro CLO issuers
Five years ago in Creditflux we reported on CIFC Asset Management and Voya Investment Management harbouring European CLO ambitions as US issuers became accustomed to risk retention.

US manager prepares fifth CLO opportunity fund
Sources say the fund will invest across all parts of the CLO capital structure, plus CLO warehouses. 

CLOs keep eyes glued to screen as Cineworld previews possible chapter 11
Cineworld, the UK-based cinema giant, has announced that a chapter 11 restructuring is among the options it is considering, in response to recent media speculation about a possible default

CIFC boosts legal team with two senior appointments
CIFC Asset Management has announced two senior appointments on its legal and compliance team

Ucits at a glance: Ucits see red in a tough June for returns
June marked an exceptionally tough month for Ucits funds, as none of those listed in the Creditflux database made it into the black

US CLO triple As reach 225bp as CIFC prints sixth deal of the year
CIFC Asset Management printed its sixth US new issue of the year yesterday, pairing with Morgan Stanley on the $392.3 million transaction

US CLO pipeline: like a (Center)bridge over troubled water
A large asset manager is marketing its first US CLO at a time of volatility in the underlying loan market. Whereas other funds build walls, CLOs build bridges 

Credit Rendezvous: Investors try to avoid suplex city as recession and inflation reform tag-team
Credit investors getting ready to lock up against that familiar 1970s pairing of inflation and recession. But the hard-hitting tag team has picked up some new moves, causing floating rate outperformance to give way to underperformance; synthetic credit to outperform cash; and CLO terms curves to reshape into barely recognisable positions

Ucits at a glance: LBBW shines as Ucits take a turn for the worse
Ucits fund returns

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

   

Investors approve CIFC European CLO key person replacements
Control investors in CIFC CLOs have approved the two key person replacements for Dan Robinson and Damien Mount, proposed by the firm last month

CLO PM lands at Silver Point to launch business
Silver Point Capital is continuing its expansion into CLO management with sources indicating the firm wants to launch a broadly syndicated CLO business

CLO PM departs as CIFC proposes key person replacement
A US CLO portfolio manager at CIFC has parted ways with the firm after 12 years. He had recently been assigned an important task, providing cover for European CLOs

CIFC's 2022 CLO volumes rise to $2.4 billion after fifth new issue
CIFC Asset Management priced its fifth US CLO of the year on Tuesday, growing its 2022 issuance volumes to over $2.4 billion in the process

CIFC fills key European CLO PM role
CIFC Asset Management has hired a European CLO portfolio manager

You seem familiar
The overlap between European CLOs has risen to 51.6%, but the largest issuers are only slightly more aligned to their peers at 55.19% — so bonds are proving to be an important differentiator

Hopes of full recovery quashed as credit funds struggle
Optimism about a prolonged recovery after credit hedge funds bounced back in March was dashed as 60% of funds in our database recorded negative returns in April.

We’ll get through this awkward patch
Wide liabilities have made pricing CLOs trickier in the past few months. But speakers at Creditflux’s CLO Symposium were optimistic that the arbitrage is OK — so long as you can place those triple As

Fund performance: Credit hits another bump in the road after March revival
There was more upheaval for credit funds in April, reversing the mini-recovery in March as 40% of funds made positive returns, a decrease on the 47% in March

Ucits at a glance: Diamond shines after dull start to year
Ucits funds have continued to arrest the slide that followed the dip in February, as 37% of funds in April saw positive returns

Ucits at a glance: Robus stands tall among Ucits funds
27% of Ucits funds had positive returns in March, a slight improvement from 10% in February

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