New kids on the block dominate awards

Spire wins Creditflux Manager of the Year award
Spire Partners was the big winner at Creditflux's Manager Awards last night as the London-based manager scooped the award for the manager of the year. On top of this, the firm picked up awards for Best European CLO Manager and Best European CLO for Aurium CLO II

Guggenheim prices European CLO triple As at 114bp
Guggenheim Investments priced its second European CLO since its return to the market last year, teaming up with Citi to price Bilbao CLO II

Guggenheim and Citi team up again for Bilbao II CLO
Guggenheim Partners has once again mandated Citi to arrange its latest European CLO, Bilbao CLO II.

CLO docs shed light on implementation of Securitisation Regulation
Market participants are beginning to get visibility on how European CLOs are handling the transparency obligation and the risk of fines under the European Securities & Markets Authority’s (Esma) Securitisation Regulation, according to a report on Creditflux’s sister publication Debtwire

The financial crisis was the making of ’em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today’s standards — but these 1.0 outperformers are now among the biggest names in the industry

The financial crisis was the making of 'em
Some of the largest and best performing CLO managers before the crisis were fairly nimble by today's standards - but these 1.0 outperformers are now among the biggest names in the industry. 

Guggenheim enters mid-market CLOs with deal arranged by Natixis
Guggenheim Partners Investment Management has entered the middle market CLO arena following the pricing of its inaugural transaction yesterday (20 November)

Guggenheim partially refinances 2016 vintage CLO
Guggenheim Partners Investment Management has refinanced the two senior tranches of its 2016 CLO named Salem Fields

Partners Group poaches former Guggenheim official to private debt team
Partners Group has added to its US private debt team

Guggenheim prices CLO refi with triple As at 105bp
Guggenheim Partners has refinanced five classes of senior debt notes in its 2016 vintage deal Seven Sticks CLO

CLO b-wic line-up: 5% CLO stakes go up for sale
With US CLO risk retention a thing of the past the door has opened for managers to offload their vertical strips

Junior CLO triple As come to Europe as manager prices its first euro deal since 2015
Guggenheim Partners Europe has priced its second 2.0 CLO in the European market today, and its first in two and-a-half years

B-wic round-up: demand for secondary CLO equity picks up in 2018
Secondary trading prices for US CLO debt tranches have been falling since the start of the year, with average cover prices for junior debt reverting to where they were six months ago. However, the opposite has to be said for CLO equity

New chief executive and president named on $160 million Guggenheim fund
A Guggenheim Partners fund has named a new president, chief executive officer and trustee following the passing of Don Cacciapaglia in December

B-wic round-up: it's never too late to buy CLO equity
Secondary CLO market trades from the last week show that investors feel there is value in legacy CLOs where the call options have already been exercised and the debt repaid

Guggenheim Investments prices its first CLO transaction of the year
The manager priced an $878.3 million reset yesterday in its first transaction in the CLO market this year

Managers predict skill will win out
We asked managers to predict the year ahead across a range of credit strategies. Overall, they had a positive outlook. By Grace Jennings-Edquist

Credit markets ignore geopolitical exposures, suggests Guggenheim
Global credit spreads have spent 2017 tightening, but markets may be ignoring certain risks, according to Anne Walsh, chief investment officer for Guggenheim’s fixed income unit

Guggenheim announces $2 billion final close on latest private debt fund
Guggenheim Partners Investment Management has held the final close for its latest private fund structure focused on investing in private debt, exceeding its initial $1.5 billion target

Guggenheim prices third new issue CLO of the year
The manager hired Bank of America Merrill Lynch to arrange the $507.75 million deal

Guggenheim raises $200 million for opportunistic credit vehicle
Guggenheim has raised $200 million for a new opportunistic credit fund, which is backed by three investors to date

FS hires ex-Guggenheim CMBS chief to run new real estate debt strategy
FS Investments has appointed a real estate investment chief to help run its new reit, the company announced today

Guggenheim to take over $400 million mid-market credit fund
Guggenheim will take over as Interim Investment Advisor to the fund on 11 September. The fund’s board of trustees is currently seeking shareholder approval for Guggenheim to become the permanent advisor after that.