Oak Hill launches 'tactical' investment fund
Oak Hill Advisors is on the fundraising trail with regulatory filings indicating the credit specialist is launching a vehicle known as OHA Tactical Investment Fund

Onex hires Jaber as it launches CLO investment business
Onex Credit Partners has hired Ronnie Jaber to start a CLO investment business in New Jersey, according to an announcement today

Benchmark European 2020 CLO trades 11 points down in secondary
A senior European CLO investor has flipped €21.9 million worth of notes onto the secondary market, selling eight of nine line items via a b-wic, sources say. Meanwhile, US CLO trading switched from being investment grade focused over the last month to being centred on below IG tranches yesterday: IG volumes reached $574 million versus $926 million for lower rated tranches

Oak Hill prices large US CLO reset via JP Morgan
Oak Hill Advisors has brought a $610.85 million CLO reset of OHA Loan Funding 2016-1, marking the third largest CLO transaction in 2020 to date

Oak Hill takes Q4's US reset tally to three with $593 million CLO
Oak Hill Advisors has reset a 2015 vintage CLO for the second time, clocking just the third reset of a US CLO in the fourth quarter of 2019

Beyond blacklists: the next step in ESG
Credit managers are integrating ESG into their investment processes, but that does not mean they are unable to invest in unethical credits — they can, if they are paid adequately for the risk.

Oak Hill closes in on $2 billion annual CLO volume after third new issue
Oak Hill Advisors on Friday priced its third new CLO of the year, bringing its volumes to $1.92 billion, according to market sources

CLO pipeline: managers look to avoid a repeat of 2018 with new issue flutter
US and European CLO managers are preparing to up the ante in September, but they will have to defy a trend set a year ago

US credit managers make ESG breakthrough after taking a first step via UNPRI
Incorporating a framework for investing in companies based on environmental, social and governance (ESG) factors is a challenge that US credit managers are accepting in growing numbers

Global CLO b-wic round-up: secondary market awakens with control equity bonanza
Four anchor positions made available on secondary market as equity accounts for over a third of all volumes.

One day, two investors, three CLO controlling stakes in secondary
Two investors are inviting bids for anchor positions they hold in three CLOs.

BDC consolidation continues with Oak Hill and BC Partners-affiliate merger
The consolidation of US business development companies continues... this time, with the merger of OHA Investment Corporation and Portman Ridge Finance Corporation

CLO investor looks to offload US and European anchor equity positions
There are two controlling CLO equity stakes up for sale today with a 2017 European deal and a reissued US transaction going under the hammer

Oak Hill prices tightest new US CLO of 2019 with 177bp funding costs
Oak Hill has priced 2019’s tightest CLO after teaming up with Bank of America Merrill Lynch to issue OHA Credit Funding 3

Oak Hill prices $603.5 million CLO with senior triple As printing at 132bp
The New York-based manager has teamed up with Morgan Stanley to launch its first US new issue CLO of 2019

Barclays strikes new US CLO partnership as it arranges Oak Hill reissue
Oak Hill Advisors has teamed up with Barclays for the first time to issue its inaugural CLO reissue

Oak Hill prices first new issue US CLO of 2018
Oak Hill Advisors priced its first new issue CLO of 2018 on Friday via Wells Fargo

Oak Hill resets post-reinvestment CLO from 2013
Oak Hill Advisors and JP Morgan have teamed up to reset a 2013 vintage CLO that was a year out of reinvestment

CLO b-wic lineup shows it’s never too late to trade 1.0 equity
Old legacy deals make a comeback today as €37 million and $12 million of 1.0 equity is up for grabs in two European deals - Eurocredit CDO VI and Oak Hill European II - and one US deal, Gale Force 3 CLO.

Large credit manager raises $386 million for CLO equity fund
A New York-based credit fund manager has raised a fund to retain the equity in its own brand of CLOs

Oak Hill adds junior triple As following $611 million CLO reset
Oak Hill Advisors priced its second CLO transaction of the year yesterday

B-wic round-up: above par bids flood in for CLO double Bs
$401.43 million worth of CLO paper was available via b-wics last week out of which $378.23 million (94.2%) traded, according to CLO-i

Oak Hill BDC's assets continue to nosedive as board explores options
As it continues to bleed assets, Oak Hill Advisors’ direct lending business development company (BDC) has jettisoned the last of its energy assets

UK pension mega-fund to increase credit allocation following equity reduction
One of the UK's largest pension funds looks set to increase its allocation to credit after reducing its equity allocation by 15%

Credit specialist poaches Goldman Sach's Eric Muller in New York
Credit specialist Oak Hill Advisors has hired New York-based Eric Muller from Goldman Sachs Group, according to a market source