CLO managers invest in distressed experts in expectation of higher LME environment
EXCLUSIVE: Carlyle and BlackRock are among the CLO managers who have invested in distressed and special credits teams ahead of an expected rise in defaults and LME activity 

More amend-and-extend transactions to come into the market in H2 — Carlyle
EXCLUSIVE: Amend-and-extend transactions are expected to increase over the coming months, as managers get ahead of the 2028 maturity wall

CLO equity funds to become dominant source of funding as trio of new funds prepares to hit the market
EXCLUSIVE: At least three funds investing in CLO equity will soon come to market, as the vehicles become the dominant source of funding for new CLOs, according to industry sources

Carlyle enters fundraising ‘super cycle’, racking up USD 30bn in inflows for 1H
The alternative asset manager also expects to be back in market with its flagship credit opportunities fund

Carlyle’s deputy CIO of credit says inflationary cost pressures starting to emerge
PODCAST: Inflationary impacts are beginning to emerge and are hard to ignore, although they remain manageable for now, according to Carlyle's deputy CIO of global credit Alex Chi on the latest episode of Credit Exchange

‘In 2026 we will see data-centre term loans’
2026 outlook with Lauren Basmadjian, global head of liquid credit at Carlyle

Carlyle nabs head of direct lending origination from Golub
EXCLUSIVE: The firm also hired a second managing director focused on originations as it re-staffs its direct lending franchise

We are seeing a slowdown in sales and earnings growth – Carlyle’s Lauren Basmadjian
The roll out of tariffs and economic uncertainty that kicked off earlier this year is starting to take a toll on portfolio companies, and Carlyle’s head of liquid credit is taking a more conservative stance as spreads remain remarkably tight

IG private credit market could swell to USD 23trn: Carlyle’s Mark Jenkins
Podcast: "Credit Exchange with Lisa Lee" interviews Carlyle's global head of credit Mark Jenkins on investing in the era of uncertainty and shifting secular trends

Carlyle's head of direct lending departs
Carlyle's Head of Direct Lending has left the firm to pursue other opportunities, according to a company memo

Captive equity is still an option as Carlyle raises fund
Despite predictions of poor returns, captive equity funds can still be raised. The latest manager to hit the market is Carlyle Group, the world’s largest CLO manager according to our 3Q23 Creditflux rankings. According to market sources, Carlyle is raising a half-billion-dollar equity fund, which is expected to be complete by the end of the year.

3Q23 manager rankings by AUM
Carlyle Group is now the largest CLO manager in the world, according to the latest update to our rankings of the CLO manager universe published today

Carlyle names future CFO
Carlyle has named John Redett its new chief financial officer and head of corporate strategy, the company has said.

CLO rankings: manager AUM, advisory firm and trustees Q1 2023
Two acquisitions close to shake up the top and Dechert takes early lead over Milbank in manager counsel rankings

CLO market turns international as new investors land
The global CLO market attracted new investors over the first quarter of 2023, according to market sources, while others have moved across the capital stack or into different regions than those to which they have been accustomed

CLO rankings: manager AUM, advisory firm and trustees Q4 2022
As 2022 draws to a close manager consolidation through mergers and acquisitions have been balanced out by new market entrants to leave roughly the same number of managers that entered the year, at least for now.

Carlyle targets $6.5 billion for credit opps fund
Carlyle Group is targeting $6.5 billion for its third opportunistic credit fund, according to a pitchbook seen by Creditflux

Credit funds at a glance (December 2023)
A round up of fundraising and people moves in credit

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 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

Carlyle names co-founder as interim CEO as Lee steps down
Carlyle Group’s chief executive officer Kewsong Lee has stepped down from this role and the board of directors, effective immediately

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

Quarterly rankings: Carlyle climbs to top of pack with CBAM boost
Carlyle Group has cemented itself as the largest manager globally, following its acquisition of fellow CLO manager CBAM

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