Bain rebrands Dublin unit and applies for management license in Ireland
Dublin-based Broadhaven Credit Partners - launched as a JV between Bain and financier Dermot Desmond - will now operate as Bain Capital Credit

Japanese bank to buy minority stake in CLO boutique GreensLedge
A Japanese bank is taking its relationship with GreensLedge to the next level by buying a 20% stake in the New York-based firm

Mid-market lender NewStar agrees to sell itself for more than $500 million
New York-based asset manager First Eagle Investment Management announced this morning that it plans to buy mid-market loan specialist NewStar Financial

Mortgage credit specialist Pretium steps in to back Valcour's CLO ambitions
Stamford-based Valcour Capital Management has been acquired by real estate and mortgage credit specialist Pretium Partners in a transaction which boosts Valcour’s prospects of returning to the US CLO market.

NewStar picks up Fifth Street CLOs for $16 million
Acquisitive CLO manager NewStar Financial has announced that it has reached an agreement to take on two middle-market US CLOs

Oaktree set to buy mid-market specialist Fifth Street, reports WSJ
Oaktree Capital Management is leading the chase to buy middle-market US lender Fifth Street Asset Management, according to a report by the Wall Street Journal

Dallas-based Trinitas closes $250 million CLO deal with Pine Brook
CLO manager Trinitas Capital Management has confirmed the receipt of a $250 million line of equity from its new parent Pine Brook

Fifth Street looks to quit CLO management as it winds down credit hedge fund
Fifth Street Asset Management is streamlining its business and its three middle-market CLOs and credit hedge fund will be cut as part of this process

Start-up credit manager moves into CLOs by taking on MatlinPatterson deals
A newly-formed company, run by former Hildene officials, has acquired three US 2.0 CLOs, according to market sources

Chicago Fundamental signs groundbreaking CLO deal with charitable organisation
Boutique CLO manager Chicago Fundamental Investment Partners has signed a first-of-its kind agreement with a non-profit organisation, which provides the manager with a $160 million equity injection that it intends to use towards CLO risk retention