Global issuance hits $137 billion as Ares CLO prices
Ares Management priced its seventh CLO of the year yesterday, according to market sources. Including refinancings, 2014 has now seen more than $137 billion in global CLO issuance.

Ares aims for $3.8 billion in issuance as it prepares next CLO
Ares XXXII, which is slated to reach $511 million, will be the manager's fourth new US CLO of the year and sixth globally

Manager eyes growth in real estate after CLO and distressed fund raise
A credit firm has raised $3.6 billion of capital across its credit business and more fund raising is on the agenda

Manager cuts funding costs by 28bp with CLO refinancing
Bank of America Merrill Lynch completes the refinancing of early 2012 CLO

Manager turns to BAML to refinance 2012 CLO
A CLO, which was originally arranged by Credit Suisse, is set to be refinanced on Monday

Middle-market manager aims for 95% ramp-up at pricing on new CLO
Wells Fargo is preparing a $335 million CLO that is expected to be 95% ramped at closing

Loan trader jumps from rival fund manager to join Ares in Los Angeles
Loan and high yield bond trader leaves credit manager to join rival Ares's Los Angeles offices 

Ares joins billion dollar club as US CLO issuance passes $73 billion
At $1.26 billion, Ares XXXI is the second-largest CLO 2.0 and the seventh-largest ever US CLO

West coast pension approves $50 million investment in Ares fund
Officials at a west coast pension fund have confirmed an investment into a new Ares distressed debt fund

Pension scheme plans allocation to new Ares distressed credit fund
A west coast pension fund plans to put $50 million of capital into a new fund being marketed by Ares

JP Morgan prepares another giant-sized CLO
Having arranged a $1.5 billion CLO for Apollo Global Management last month, sources say that JP Morgan is preparing another giant-sized CLO

2014 European CLO volumes hit €6.9 billion after Ares prices
Ares Management has become the 12^th CLO manager to issue a deal in Europe this year

European spreads look set to stay inside US as Ares plans new CLO
Ares Management is nearing the launch of its second European CLO, according to market sources

New Ares special situation fund wins $75 million from endowment
Ares is marketing another special situations fund and one of its existing clients has signed up

Ares prints triple-As at 115bp in CLO with no reinvestment period
Investors are now spoilt for choice as CLO structures are being alternated to provide a range of different options. Ares is the latest to price an alternative CLO   

Deutsche Bank markets short duration CLO for leading credit manager
A credit manager, which is renowned for its diverse CLO offerings, is launching yet another variationof the product - this time targeting short-duration buyers

Secondary CLO investors price in tranche-by-tranche 2.0 refi option
Double A CLO investors are taking the view that the class B-1 tranche in Ares XXIV is a strong call candidate. However the triple A rated notes in the deal are unlikely to be refinanced judging by another b-wic last month

Brazilian asset manager hires from Ares in London
A structured products specialist has left Ares in London to join a Brazilian asset manager

Citi prices top-tier CLO manager's triple-As at 152bp
Market participants have been given a clear indication of CLO spreads after Citi priced a $514 million deal yesterday

Ares plans its first CLO of 2014
Ares has signed up an arranger to issue its opening CLO of 2014