Samsung Life becomes latest institution to take minority stake in Hayfin
Insurer Samsung Life joins Mubadala and AXA IM Prime as minority stakeholders in Hayfin

Hayfin returns to market with first US CLO in nine months
The reset of the 2020-vintage deal priced the top of the stack at SOFR plus 123bps  

Hayfin agrees to Arctos-backed management buyout
The management team at Hayfin Capital Management is taking over the company in a management buyout backed by Arctos Partners

Hayfin returns to the US CLO market
Hayfin has priced Hayfin US XV, its first full deal of the year, and its first US transaction since 2021

Hayfin appoints new US CLO head
Hayfin Capital Management has announced it has recruited Peter Swanson to head its High-Yield and Syndicated Loans team in New York

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

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

Hayfin dilutes structured credit unit as senior pair launch their own business
Hayfin Capital Management is pulling back from structured credit with the head of this business and a portfolio manager leaving to launch their own business

CLOs at a glance (November 2021)
A listing of CLOs that have priced in the last month

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

Ares, Hayfin and Octagon reset $1.4 billion of CLOs
$1.4 billion of US CLO resets priced on Thursday after Ares Management, Hayfin Capital Management and Octagon Credit Investors each reworked a legacy transaction

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

Hayfin pairs with Jefferies on first new US CLO of year
Hayfin Capital Management returned to the CLO primary market on Friday with its first US new issue deal of 2021

US loan managers capture secondary opportunities as new issues struggle
US loan managers switched gears by sourcing loans in the secondary market in the second quarter. This came as pricing in the primary market became less attractive in the early part of Q2 and with new loan issuance slowing in May and June

CLO pipeline: Man GLG resurfaces from six-year absence as deals exiting call-lock fill pipeline
CLO spreads have leaked out in recent weeks but deal economics are still favourable, encouraging managers to come back to the primary market for the first time this year

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

More US CLO refis price as supply weighs on spreads
CLO refi transactions from Benefit Street Partners and Hayfin Capital Management have priced, adding $788.8 million to primary volume

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

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

US manager completes first new issue CLO in 17 months
Hayfin Capital Management has returned to the US CLO market with its first new issue since July 2019

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

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

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 broadens scope of structured credit business
Hayfin Capital Management’s new-look structured credit team in New York is taking its existing CLO-centric platform and diversifying it to include CMBS, RMBS and other forms of ABS, say officials at the firm

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.