Ares prints largest regular CLO of 2022
Ares Management priced its eighth largest CLO of all time on Wednesday, pairing with Goldman Sachs on the huge $806.7 million deal named Ares XLV

Ares buys mid-market portfolio from direct lender for $2.4 billion
As of 31 December, the portfolio is backed by 28 private equity sponsors and 46 borrowers, with an average $44 million investment size

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

LP round up: Oak Hill wins $3bn mandate as credit allocations near $10bn in March
Institutional investors revealed over $9.5 billion of allocations to credit funds in March. Oak Hill Advisors walked away with the largest mandate, as US heavyweight pension Calpers allocated a whopping $3 billion across several of its funds

CLO managers price with short, medium and long reinvestments as pricing widens
Ares Management, Golub Capital Partners and Partners Group each priced a new CLO on Friday, with each manager taking a different approach to the various duration structures that have arisen amid the current market volatility

Ares CLO counterparties make $100k charitable donation
Ares Management has become the latest manager to contribute a portion of management fees on its latest CLO to the Fulfilment Fund, alongside deal parties

CLO spread widening extends with Ares printing triple As at 138bp
Ares Management priced a new CLO via Societe Generale on Thursday, with the triple A notes paying a coupon of 138 basis points over Sofr

Ivy Hill resets 2014 mid market CLO and upsizes by $140 million
Ivy Hill Asset Management reset Ivy Hill MM IX-R via Natixis on Monday, upsizing the 2014 CLO by $139.8 million including $33 million of fresh equity capital

LP round up: two CLO funds win support as Cali pensions home in on private credit
Two investors revealed allocations to European and US CLO funds, private credit allocations increases and private credit consultant searches get underway

Credit funds at a glance (February 2022)
A round up of fundraising and people moves in credit

Past returns: Ares constructs private CLO
In Creditflux 10 years ago we reported on Ares Management putting together a quasi-CLO in a bilateral transaction involving senior debt investor Sumitomo Mitsui Banking Corporation

Ares and Octagon bring weekly CLO reset volume over $2 billion in just two days
Ares Management and Octagon Credit Investors each reset a CLO on Tuesday, bringing weekly US CLO reset volume up to over $2 billion

Ares launches new IG private credit strategy with senior hire
Ares Management has bolstered its credit capabilities by adding a new investment grade private credit strategy and hiring a managing director

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

US CLO league tables: Blackstone and Citi win new issues but CSAM and JP Morgan take overall issuance crown
The US CLO market had an extraordinary 2021 with almost $400 billion of overall issuance pricing as records were set for all forms of issuance

Credit funds at a glance (January 2022)
A round up of fundraising and people moves in credit

Ares rounds out bumper year for direct lending with $14 billion US fund
Ares Management is ending 2021 with yet another massive direct lending fund-raise

LP round up: CLO fund included in whopping $13 billion of credit allocations in November
Credit took centre stage in November as investors allocated over $13 billion to credit funds in the month, with one pension allocating $50 million for a European CLO risk retention fund 

Global CLO league tables - Nov 2021 YTD
Global CLO league tables - Nov 2021 YTD

Ares prints tight new CLO at $607.5 million
Ares Management on Thursday priced the largest US CLO of the month so far, teaming up with Goldman Sachs to issue Ares LXII at $607.5 million

Treasury desk lists $818 million b-wic as hedge fund looks to offload control CLO equity in bumper day
State Street once again listed over $800 million of US CLO triple A bonds on Tuesday, having sold $834 million of triple A paper last month

Ares and Wellfleet partially refi legacy CLOs
Ares Management and Wellfleet Credit Partners partially refinanced a legacy CLO each Wednesday night via Goldman Sachs and Citi, respectively

Credit Fundraising: Private credit and CLO captive equity feature strongly as closes mount up
Credit funds have made a fair start to the fourth quarter, although the $21 billion raised during October is down substantially on September’s impressive record for 2021

Credit funds at a glance (November 2021)
A round up of fundraising and people moves in credit