CIFC prints second CLO following Texas pension joint venture
CIFC Asset Management has priced its second CLO securitizing Texas Debt Capital, the joint venture it setup with Teacher Retirement System of Texas in 2021 to invest in the loan market

US CLO pipeline: Spreads and tenors disperse as six managers eye new issues
Dispersion has come to the fore in the US CLO market with higher tier managers able to price their triple As in the 180-185 basis points range and others up around 200bps. But this week’s pipeline shows there is some divergence in the length of CLOs coming to the market too

CIFC hires investor relations specialist from BlockTower
CIFC Asset Management has hired a managing director in its investor relations group from BlockTower Capital

CIFC prints CLO to securitise Texas pension joint venture
CIFC Asset Management priced a new CLO on Wednesday, securitising a portion of Texas Debt Capital, a joint venture between CIFC and Teacher Retirement System of Texas to invest in leveraged loans

Beneath the triple C: Winter is coming for CLOs as downgrades outstrip upgrades
Both US and European issuers have felt downward pressure from the rating agencies as we head towards the end of the year, with downgrades to triple C now firmly outpacing upgrades out of it.

Beneath the triple C: Stormy October hits CLOs with rising tide of downgrades
After a slight respite in the pace of downgrades over the summer for CLOs, October brought renewed momentum as macro-economic pressures - primarily high interest rate burdens for corporate borrowers and supply side inflation - became the recurring rationale

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

CIFC's seventh new US CLO of year takes tally to $3.3 billion
CIFC Asset Management priced its seventh US CLO of the year on Friday, bringing its yearly issuance volumes to $3.3 billion and climbing to fifth on the manager leaderboard

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

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

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

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 

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

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

CIFC partners with Israeli firm on inaugural CLO investment fund
IBI Investment House has partnered with CIFC Asset Management to launch an inaugural CLO fund named IBI CLO Strategies Fund

CIFC prices fourth US CLO of year while Bain prints third
CIFC Asset Management and Bain Capital Credit each priced a new CLO on Wednesday, with the two deals totalling over $1 billion in new issuance

CLOs at a glance
A listing of CLOs that have priced in the last month

CIFC confirms $225,000 donation and mentoring agreement as part of new CLO
CIFC Asset Management's most recent CLO included a $225,000 donation to education charity Teak Fellowship, the firm has announced. Creditflux first reported on this at the start of the month, highlighting that CIFC's contribution of $100,000 was set to come out of its management fee

CIFC becomes first manager to print two reinvesting US CLOs in 2022
CIFC Asset Management became the first US CLO manager to price two new reinvesting CLOs this year on Friday after teaming with Royal Bank of Canada on the $510.9 million CIFC Funding 2022-1

CIFC plans second US CLO in philanthropic series with new payment profile
CIFC Asset Management is preparing the second deal in its CLO Initiative for Change series, with the parties behind CIFC Funding 2022-II committing “over $200,000” to the Teak Fellowship