Leucadia AM takes non-controlling stake in Hildene
Hildene Capital Management has entered a strategic relationship with Jefferies affiliate Leucadia Asset Management

Blue Owl reaches agreement to buy CLO manager Wellfleet
Blue Owl Capital, owner of Owl Rock Capital Partners a mid market CLO manager, has reached an agreement to buy Wellfleet Credit Partners from Littlejohn & Co

Points up front: CLO valuation buzz - to infinity and beyond
Last month it emerged that Eldridge Industries was exploring the possibility of selling part of its majority stake in global CLO manager CBAM

Whitestar swoops for US CLOs as it readies European deals
MacKay Shields has completed its exit from CLO management after it emerged that the asset manager has transferred the rights to two of its US CLOs to Whitestar Asset Management

CBAM goes on block with parent Eldridge exploring 'strategic options': Bloomberg
Eldridge Industries is said to be considering selling a stake of its $15 billion credit unit CBAM Partners, 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

Timber! Boutique US CLO manager looks to offload deal to Benefit Street
A boutique US CLO manager is set to offload collateral management rights for its 2014 US CLO to Benefit Street 

Natixis IM to sell stake in Canadian asset manager Fiera
Natixis Investment Managers is selling all 10.68 million class A subordinate voting shares it holds in Canada's Fiera Capital

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

GSO co-founders reunite as Hunter Point buys minority stake in Iron Park
Two of the three GSO Capital Partners co-founders Bennett Goodman and Tripp Smith have been reunited with Goodman’s Hunter Point Capital buying a minority stake in Smith’s Iron Park Capital

CIFC pushes into direct lending with LBC acquisition
CIFC Asset Management has agreed to buy middle market direct lender LBC Credit Partners

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 

Lazard in talks to buy Brigade: Bloomberg
Lazard is reportedly in advanced talks to buy credit hedge fund Brigade Capital Management

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

Bennett Goodman's Hunter Point buys stake in MidOcean
Hunter Point, which was launched by Blackstone Credit’s co-founder Bennett Goodman alongside Avi Kalichstein in 2020, has made its first investment and bought a minority stake in mid-market specialist MidOcean

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

Aquarian takes over Gallatin CLO platform
New York-based Aquarian Holdings has bought Gallatin Loan Management's CLO management business 

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

Franklin Templeton takes on Aviva's US IG credit team
Franklin Templeton has struck a deal to buy Aviva Investors’ $7.5 billion US-based investment grade credit team

Investcorp strikes partnership with distressed mid-market specialist
Marblegate Asset Management and Investcorp say they have formed a strategic partnership where the latter will provide Marblegate with long-term capital to strengthen its investment platform and provide access to to Investcorp's investor network

Investcorp looks at M&A for US CLO growth: Bloomberg
Investcorp Credit Management’s co-head of US credit David Moffitt has outlined plans to double the firm's US CLO assets under management – which include acquisitions and equity partnerships

Santander to acquire Amherst Pierpont for $600 million
Banco Santander says it has struck an agreement to acquire fixed income broker dealer Amherst Pierpont Securities

Medalist buys remaining stake in CLO manager due to “significant demand" from investors
Medalist Partners has accelerated the buyout option for its remaining stake in CLO platform Medalist Partners Corporate Finance (formerly JMP Credit Advisors) due to investor demand for CLOs

Birch Grove merges with American Securities' credit business
US private equity firm American Securities has merged its opportunistic credit business, Ascribe Capital, with boutique alternative credit hedge fund Birch Grove Capital

Sound Point looks to amplify mid-market offerings with BDC and CLOs
Sound Point Capital Management expanded into mid-market lending earlier this month with the acquisition of CVC Credit Partners’ US direct lending arm, and the firm has big ambitions to expand the business