CLO managers added to their pool of analysts last year: Fitch
CLO asset managers staffed up last year as primary issuance volume soared, with Fitch Ratings finding the average analyst team size increased from 16 to 17

CLOs at a glance (May 2022)
A listing of CLOs that have priced in the last month
   

Oak Hill gets off mark in 2022 with first CLO since acquisition
Oak Hill on Thursday priced its first new US CLO of 2022

LP round up: Fidelity wins big, Pacific retains loan mandate, pensions eye distressed
The month also included one CLO fund commitment, one high yield manager search, one finalised US loans mandate and one $400 million multi-sector fixed income managed account mandate

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

Oak Hill hires head of ESG in New York
Oak Hill Advisors has hired its first head of ESG and sustainability 

Carlyle and Oak Hill give $50 million upsizes to CLOs amid resets
Carlyle Group and Oak Hill Advisors each reset a legacy CLO on Monday, with both managers opting for a substantial upsize of the original deals

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

Oak Hill resets 2016 European CLO via Morgan Stanley
Oak Hill Advisors has reworked its 2016 European CLO Oak Hill European CLO V

Oak Hill issues tight double Bs in largest CLO in years
Oak Hill Advisors priced its largest CLO in over two years on Friday and the fourth largest in its history as a CLO issuer

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    

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

Four CLO managers reset or reissue $2 billion worth of CLOs
CBAM, Marble Point Credit Management, Oak Hill Advisors and Sound Point Capital Management have each reset or reissued a CLO, with the four deals totalling over $2 billion

Global CLO trading lab: bank sells $834 million triple As in quarterly reallocation as hedge fund trades CLO equity
Thursday’s secondary CLO market was the busiest of 2021, with over $1 billion of US CLOs on offer. This featured an enormous b-wic worth $834.3 million, where sources have told Creditflux of the bank behind the aucton. While a large credit hedge fund is said to have sold out of control CLO equity 

Vibrant hires to structured credit team in New York
Vibrant Capital Partners has hired a vice president to its structured credit team

CLO reset surge extends with over $1.7 billion pricing on Friday
CLO reset supply was elevated for a second consecutive day on Friday as $1.7 billion priced across four deals

Oak Hill upsizes 2016 CLO by $53.9 million
Oak Hill Advisers paired with GreensLedge on Friday to reset a 2016 CLO, OHA Credit Partners XIII

Global CLO trading lab: quality and optionality shine as 2020 and 2019 mezz trades up
The primary and secondary CLO markets are moving in tandem with both markets drifting wider amid a wealth of supply

Not all resets created equal as some managers opt to keep triple C exposure high
A split is emerging in the CLO market, with some managers choosing to keep triple C concentrations elevated following a refinancing or reset transaction. As part of the trend, which began this month, some deals even refinanced while being in breach of portfolio concentration limits, typically set at 7.5% by rating agencies

KKR, Oak Hill and Madison print combined $1.3 billion CLO resets
KKR Credit, Oak Hill Advisors and Madison Capital each priced a CLO reset on Wednesday, with the three deals amounting to $1.27 billion

Oak Hill scores April's largest US CLO
Oak Hill Advisors returned to the primary market on Wednesday to issue the largest new US CLO of the month

CLO pipeline: go long! new issues and resets push refis aside
The CLO market is ready to go beyond refinancings - after this year's opening blitz of those deals - into the longer tenored territory of resets and new issues

Oak Hill reset highlights CLO spread widening
Oak Hill Advisors has priced its third US CLO reset of 2021, with the deal's triple A notes yielding 115 basis points over Libor

Oak Hill refis European CLO triple As and double As a week apart
Oak Hill Advisors has partially refinanced a 2018 vintage CLO, Oak Hill European VII

Oak Hill injects $28.5 million equity and splits triple Bs in US reset
Oak Hill Partners has injected an $28.5 million of equity in its reset of OHA Credit Partners X-R