Global CLO round-up: 15 months to one month - managers set their own pace
Three new US CLOs priced this week courtesy of; Seix Advisors, via BNP Paribas; Kayne Anderson, via Goldman Sachs; and Steele Creek, via RBC. In Europe, Oaktree Capital Management paired with Barclays to price Arbour CLO VI.

Former Ares partner takes on head of structured products role at Sound Point (correction)
A figure with more than 20 years of experience in CDO and CLO markets has resurfaced at Sound Point in New York 

Ares plans $509.6 million CLO reset with JP Morgan
Ares Management is preparing to price a $509.6 million CLO reset this week, a deal which should see the west coast become only the second to price four CLO transactions in 2019 after Octagon Credit Investors

We can’t hide it any longer, we’re tiering up
With the opening months of 2019 highlighting a clear class system among CLO managers, there has never been a better time to assess tiering. We find that timing, patience and luck all play a role

US CLO league tables: new issues drive volumes as Morgan Stanley and Citi occupy top two spots
Two months into 2019 and the US CLO market looks very different to previous years, as the balance of deal origination has changed

Ares notches up its second US CLO of the year after partnering with SocGen
Ares Management priced a five-year CLO with the second tightest weighted funding costs of 2019 last week

Ares grows credit 34% with direct lending boost, but high yield takes rough ride in Q4
Ares Management Corporation reported strong returns for its European direct lending strategies in the fourth quarter of 2018. But the firm's overall revenues slumped and its US loan funds and high yield strategies were hit by the volatile credit market 

SocGen wins first new issue CLO mandate since 2017
Societe Generale is working on its first CLO new issue mandate since 2017, according to market sources

SEC proposal could strengthen BDCs’ power to purchase funds
The Securities and Exchanges Commission (SEC) has released proposals to allow regulated US funds, including listed funds, closed-end funds and business development companies (BDCs), to acquire shares of other regulated funds in excess of current limitations

Ares prices new issue US CLO with triple As at 133.69bp
Ares Management teamed up with BNP Paribas on Friday to price a new issue CLO named Ares LI

Ares mandates BNP Paribas with its first CLO of 2019, according to ratings agency reports
Ares Management has teamed up with BNP Paribas to launch its first CLO of the year

Ares starts 2019 with a bang, closing US senior direct lending fund at $5 billion
Ares Capital Management has held a final close for its US senior direct lending fund with $5 billion total capital available

Texas pension awards $500 million to European direct lending managed account
This is the largest investment to credit that the $30 billion pension fund has made

Global CLO round-up: there's something for everyone as CLOs put on a good spread
This week, equity investors have something to be thankful for with triple A CLO spreads showing signs of tightening

Ares prices $510.5 million CLO with triple As at 117bp
Ares Management priced its sixth new issue CLO of 2018 via Goldman Sachs yesterday named Ares L CLO

Ares ups its target for US senior direct lending growth to $4.7 billion
Following $5 billion of inflows into global direct lending in the third quarter, Ares has upped the target for its US direct lending strategy 

US CLO league tables: low volumes drive big changes at the top
Despite a quiet month, September brought quite a shuffle in the US CLO league tables with new a plethora of new market leaders

BDCs find variety of routes to higher leverage but remain cautious of two-times limit
Business development companies have been granted flexibility by US regulators, but there seems to be little consensus on the best way to take advantage

Private credit specialist rejoins Ares in Los Angeles
Ares Capital Management has appointed managing director Michael Zugay to its private credit team in Los Angeles 

Ares brings in credit portfolio managers from DoubleLine and Pimco
Ares Management has bolstered its liquid credit team with the appointment of Jason Duko and Kapil Singh, who join as partners and portfolio managers

Ares opts for low leverage as it prices $444.15 million CLO reissue
Ares Management has reissued its 2013 vintage deal, Ares XXVIII, producing one of the lowest levered CLOs of the year in the process

US CLO league tables: CSAM aces it to take top spot in new issue reshuffle
Carlyle Group now leads the CLO market on two fronts with the firm moving into top spot in the 2018 US CLO rankings, adding to its position as a market leader in Europe

Credit drives strong returns for five of the largest asset managers in the business
Carlyle is close to hitting its ambitious fundraising target; direct lending has been kind to Ares; and Och-Ziff has decided to shed its US CLO risk retention stakes after exiting its financing agreements

Ares prices its fourth new issue CLO of the year after teaming with Natixis
Ares Management priced a new issue CLO via Natixis named Ares XLIX CLO

Natixis goes coast to coast pricing two middle market CLO resets
Natixis made a $771.26 million stamp on the middle-market CLO space yesterday, resetting two 2015 vintage transactions for Ivy Hill Asset Management and Fortress Investment Group