That's my ResponsAbility: M&G to buy Swiss impact investor
M&G says it has agreed to buy a majority stake in $3.7 billion Swiss impact private debt and private equity manager responsAbility Investments to grow its sustainable investment capabilities

KKR and PGIM among bidders to buy Alcentra: Bloomberg
BNY Mellon is set to offload its credit investment unit Alcentra, according to a report by Bloomberg citing people familiar with the matter

Gapstow expects strategic deals as credit manager M&A volume slumps to $120 billion
M&A volume involving credit asset managers dropped last year with total target value assets under management slumping to $120 billion from $149 billion in 2020 (and $254 billion in 2019), according to Gapstow Capital Partners

Park Square sells minority stake to Bonaccord
Bonaccord Capital Partners has bought a minority stake in $10 billion private credit shop Park Square Capital

WhiteStar to absorb MacKay Shields' European CLO platform
WhiteStar Asset Management has swooped for MacKay Shields’ European CLO business, ending weeks of speculation over the latter’s CLO ambitions and confirming WhiteStar's status as a rising star 

Commerzbank CLO triple A investors approve Cross Ocean management rights transfer
The controlling class in Commerzbank Debt Fund’s Bosphorus CLO V and VI have agreed to Cross Ocean Investment Advisors taking over management of the deals, leaving equity investors such as Chenavari a few days to decide on the switch 

Wells Fargo AM becomes Allspring under new ownership
Wells Fargo Asset Management has completed its transformation into Allspring Global Investment 

T Rowe Price to buy Oak Hill for up to $4.2 billion
Oak Hill is set to become T Rowe Price’s private markets platform, led by Oak Hill’s chief executive officer Glenn August

Brevan Howard buys stake in structured credit fund manager led by former employee
1543 Capital and Brevan Howard have strengthened their ties with market sources indicating that Brevan Howard has acquired a minority equity stake in the manager

BNP Paribas buys majority stake in Dutch mortgage lender
BNP Paribas Asset Management says it is acquiring a majority stake in Dynamic Credit Group, a mortgage lender based in Amsterdam.

Goldman Sachs strikes €1.6 billion deal to buy Dutch asset manager NNIP
Goldman Sachs has struck a €1.6 billion deal to buy focused Dutch asset manager NN Investment Partners from insurer NN Group

Commerzbank CLO platform sale nears end as new entrant closes in
A new entrant could be about to make a breakthrough in European CLO management later this month, as Commerzbank Debt Fund Management looks close to wrapping up the sale of its CLO platform

Vontobel takes full ownership of TwentyFour after bringing forward acquisition plan
Vontobel says that it owns all of TwentyFour Asset Management after fast-tracking a plan to top up its previous 60% stake in the structured credit fund manager

European CLO manager pushes for platform sale
A boutique European CLO manager has become the latest to look at placing its platform up for sale

Bardin Hill sells European CLO business to HPS with head Snyder set to retire
Bardin Hill Investment Partners has sold its European CLO platform to HPS Investment Partners

Past returns: Highland sells European CLOs at second attempt
In Creditflux 10 years ago, we reported that Highland Capital Management was offloading its European CLOs, with Alcentra and Barings among the frontrunner

European CLO manager puts platform up for sale
European CLO merger and acquisition activity is on the rise as a boutique manager puts its CLO platform up for sale

Cairn buys $2.5 billion European distressed debt manager
Cairn Capital has bought a $2.5 billion European distressed debt hedge fund manager, boosting the firm's assets under management to $8 billion

Asset management giant emerges as bidder for European CLO businesses
A large asset manager came close to adding European CLOs and direct lending to its product range with the firm emerging as a bidder on two asset management businesses

Fidelity steps into European CLOs with MeDirect deal
Fidelity International is breaking into European CLOs after striking a deal to acquire the CLO management team from MeDirect

CLO M&A to pick up with underperformers at risk
CLO manager consolidation is expected to be elevated into 2021 as the market recovers from the aftershock of covid-19

Candriam and NYL buy stake in European direct lender
Candriam and its affiliate New York Life Investments Alternatives have bought a minority equity stake in a pan-European private debt firm

EQT completes sale of credit business to Bridgepoint
EQT has completed the sale of its €3.9 billion credit business segment to Bridgepoint

Alantra buys 49% stake in European direct lender
Alantra has bought a 49% stake in European mezzanine and junior private debt manager Indigo Capital, which it says will consolidate its position in the French sponsorless market and accelerate its growth in Italy and other European geographies 

Eurazeo accelerates timeline to buy remaining 20% of Idinvest shares
Eurazeo has struck an agreement to accelerate its purchase of middle market firm Idinvest Partners before the end of 2020