UBS refinances 2022 US BSL CLO
UBS has printed a refi of Madison Park Funding LVII, a US BSL CLO that CSAM priced in 2022

Mammoth CLO gets a little larger after reset
UBS Asset Management reset one of its US BSL CLOs, increasing the deal size to a USD 831.35m total

UBS resets 2022 vintage CLO
UBS’ reset of Madison Park Funding LV highlighted how much senior spreads have tightened over the last two years

UBS resets CSAM vintage CLO from 2018
UBS printed a reset of Madison Park Funding XLIV last week, a 2018 vintage BSL CLO from the CSAM platform

Reset craze continues with hefty 2018 vintage deal from UBS
UBS, formerly known as CSAM, has reset its Madison Park Funding XXXI CLO, a 2018 US BSL vintage deal

MUFG loses global head of structured products as departures continue
Another senior official has exited MUFG's structured products team, following Asif Khan's departure in June 

Past returns: UBS gives up on CLOs
10 years ago, officials at UBS told Creditflux they were not closing their CLO origination business, despite mounting evidence to the contrary

Credit Suisse/UBS deal to create $5 trillion asset manager
The emphasis is set be on wealth and asset management, according to a statement released by UBS in conjunction with its move to acquire Credit Suisse

US and Europe divide honours between HY and IG as market rally extends
A second straight day of improvement is adding to this week’s gathering rally, but while US high yield is outperforming European the reverse is true in investment grade

UBS says modelling suggests upcoming recession won’t bite
Likely global recession scenarios look mild according to strategists at UBS, who have run four models.

CFOs stage comeback as fundraising tool for managers
Collateralised fund obligations are coming back into fashion, with Churchill Asset Management the latest firm to launch such an offering after announcing a $700 million deal last month.

MUFG hires UBS pair to growing leveraged finance team
Mitsubishi UFJ Financial Group’s expansion in credit has resulted in two senior hires to its leveraged finance team in New York

BNP Paribas bolsters credit business with European strategy head hire
BNP Paribas is looking to strategy to help drive growth in its credit business and has hired a head of European credit strategy from UBS 

Highland ends 12-year dispute with UBS over CLO-squared amid "shocking revelations"
A 12-year dispute over a failed CLO-squared is close to being concluded after Highland Capital Management filed a motion yesterday to approve the settlement of its dispute with UBS. But wasn't filed without more "shocking revelations"

Leveraged loan spreads to widen to March levels, warn UBS strategists
US leveraged loan spreads could widen back to March levels of 825 basis points as default risk increases, according to strategists at UBS.

Macquarie appoints ex-UBS official to build new asset-based finance business
Macquarie Capital is building a asset-based finance platform has appointed ex-UBS official to lead the new group

Federated's US and European businesses launch high yield impact funds
Federated Investors, Hermes Investment Management and UBS have joined forces to launch new high yield credit funds, which are in line with the United Nations Sustainable Development Goals (SDG) framework. The vehicles take the form of a Ucits offering and a mutual fund

Credit funds at a glance

UBS pushes into private credit as part of private markets expansion
UBS has launched a global private capital markets team, which includes a new emphasis on private credit

CIFC announces four analyst hires in London
CIFC Asset Management says that it has completed phase one of its build-out of a European credit team

UBS unveils combined leveraged debt capital markets group structure
The new business will be led by Brendan Connolly, according to an internal memo 

Hermes adds ex-UBS official to private debt team
Hermes Investment Management has appointed a European leveraged finance specialist to its private debt team

UBS hits €1 billion final close for second infrastructure debt fund
UBS Asset Management has reached a final close on its second European infrastructure debt fund, Archmore Infrastructure Debt Platform II (IDP II) at €1 billion

BNP Paribas hires to its loan sales team in London
BNP Paribas has added to its loans sales team in London with an experienced hire

UBS AM debuts second infra debt fund with €448 million raised to date
UBS Asset Management has launched its second infrastructure debt fund, having raised €448.4 million in seed commitments from initial investors for the vehicle