Credit fundraising: three massive European direct lending funds notch up €17.6 bn
Fundraising figures continued upwards in April as just over $24 billion was raised for credit funds, alongside $3.2 worth of allocations to credit managers. Nine funds held final closes including the largest European direct lending fund raised to date

LP round-up: $2.6 billion flows into 26 credit managers
A stuck ship in the Suez Canal may have prevented others from getting through one of the world's busiest waterways in March, but allocations to credit funds were much more free flowing as investors poured over $2.6 billion into the hands of credit managers

Hayfin closes 'over €5 billion' European direct lending strategy amid record deployment
Hayfin held a final close on its latest European direct lending fund, Hayfin Direct Lending Fund III

CLO pipeline: expensive 2019 CLOs in vogue with 32bp savings potential
The CLO pipeline is dominated by refinancings and resets, with new issuance taking a backseat

Hayfin markets tight lower mezz tranches for CLO reset
Hayfin Emerald CLO II's lower mezz tranches are guided tighter than March reset averages

Blackstone and Hayfin get Euro CLO new issues rolling as single Bs diverge
Blackstone paired with BNP Paribas for Carysfort Park, while Hayfin followed the yellow (or rather gold) brick road to pair with Goldman Sachs on Hayfin Emerald CLO VI

Hayfin targets market tights with €403.8 million Euro CLO and fourth-time Goldman pairing
Goldman Sachs won the mandate to arrange Hayfin's first new issue Euro CLO of 2021, Hayfin Emerald CLO VI

Debutant Jefferies takes Euro CLOs to €2 billion in under two weeks with Hayfin reset
"Pay no attention to the man behind the curtain" is a famous injunction associated with the Emerald City. But it is hard not to notice the woman-led team at Jefferies driving CLO volume, given it passed another impressive landmark on Thursday by resetting Hayfin Capital's inaugural Emerald CLO I

Hayfin hires senior BofA figure as private credit portfolio manager
Hayfin Capital Management has hired a Bank of America official as a London-based portfolio manager in the firm’s private credit team

CLO pipeline: LCM switches arranger to complete deal and join issuance surge
Over $3.5 billion of global CLO issuance priced last week and managers in all three CLO markets are taking advantage of tightening spreads across the capital structure after three major covid-19 vaccine breakthroughs and increased confidence since the US presidential election

Hayfin pairs with Goldman for second European CLO in four months
Hayfin Capital Management has priced its latest European CLO, Hayfin Emerald CLO V, via Goldman Sachs. The €345.6 million transaction comes just three months after the pair worked together to print Hayfin Emerald CLO IV

CLO pipeline: fixed income giants plan debut 2.0s with Morgan Stanley
Two large fixed income managers are pre-marketing debut 2.0 CLOs

Hayfin readies second new European CLO with Goldman Sachs in three months
Hayfin Capital Management is preparing to price its second CLO via Goldman Sachs in the space of three months

Global CLO b-wic round-up: CLO mezz tranches widen amid macro concerns
Last week was busy for the primary European CLO market but not for secondary, with €1.35 billion of new issue European CLOs priced across four transactions but just €190 million of European CLO paper listed in b-wics

Hayfin partner lands at Ares in London
Ares Management has appointed a former Hayfin official as managing director in the firm’s credit group, focused on alternative credit investments

Hayfin appoints global business development head
Hayfin Capital Management has hired a new global head of business development from Avenue Capital in New York

Hayfin hires former Barings official to new head of fund finance role
 The new job reflects the growing number of financings Hayfin handles, sources say

Euro CLO league tables: Apollo blasts its way to top spot
July marked the largest month of European CLO issuance since coronavirus pandemic-induced volatility hit financial markets

Hayfin prints Euro CLO with fixed-to-floating tranches
Hayfin Capital Management has printed its first European CLO of 2020, after amending the capital structure to include two fixed-to-floating tranches

Hayfin revises structure for upcoming CLO with fixed-to-floating tranches
Hayfin Capital Management has amended the capital structure on its new upcoming €343.6 million European CLO to include an unusual feature

Creditflux announces finalists for Manager of the Year award
Ahead of the virtual awards ceremony on 15 July Creditflux is thrilled to announce the four finalists for the prestigious Manager of the Year category.

CLO pipeline: break's over - time to print deals
The CLO market has taken a slight pause after the independence holiday in the US last weekend, meaning the CLO pipeline includes a backlog

Hayfin features single B tranche in short-dated euro CLO
Hayfin Capital Management is marketing its first European CLO deal, which includes a €7 million single B-rated note 

Hayfin brings in structured credit big hitters in New York
Hayfin Capital Management has bolstered its structured credit division in New York

Global CLO b-wic round-up: CLO triple As recover but mezz left behind
The CLO secondary market was a tale of two halves last week. 100% of all bonds listed in b-wics on Monday and Tuesday had no covers released (either traded or did not trade), but the end of the week was a different story for both markets