Ares to Volckerise 2013 CLO after selling last bond exposure
Ares Management is asking investors to vote on a Volcker amendment to its 2013 CLO, Ares XXVI

West coast manager wins $1 billion structured credit mandate
Structured credit has proved to be a strong source of growth this year for a large credit manager

Ares cuts funding costs by 34bp with 2012 CLO refi
Ares Management has priced a refinancing of its 2012 CLO, Ares XXIV. The deal had already been made Volcker-compliant before the refinancing.

Ares prices $613 million CLO amid signs of senior spread tightening
Ares Management priced its first CLO of the year on Friday, according to market sources. The deal is the fourth US CLO to achieve a triple A print of 150bp or tighter in the last three weeks

Ares hires for direct lending in London and New York
Private equity and credit manager hires on both sides of the Atlantic 

Manager closes in on distressed fund after New Mexico road show
A credit manager has completed a successful marketing campaign in Santa Fe as part of its push to launch a new distressed debt fund.

Calpers joins US pension fund charge towards distressed debt
US pension funds continue to put money to work in distressed debt strategies with California Public Employees' Retirement System among the institutions that are allocating towards new distressed funds

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