Greensledge arranges new private credit CFO
Churchill Asset Management, an investment-specialist affiliate of Nuveen, announced on Monday it had closed its second collateralised fund obligation, or CFO

BofA upsizes Symphony 37 in latest reset
Nuveen this week reset its Symphony 37 CLO a year after its initial closing with a considerable upsize compared with the original short-dated 2022 vintage deal

First Eagle hires new senior alternatives strategist
First Eagle Alternative Credit is in expansion mode with the hire of a new managing director, portfolio manager and senior alternatives strategist from Nuveen

Churchill expands senior lending team
Churchill Asset Management is beefing up its senior lending origination team with the hire of two new principals

Nuveen goes short again for latest US CLO
Nuveen priced a new short-dated US BSL CLO on Tuesday, arranged by BNP Paribas

Nuveen adds short-dated CLO to its tally
The third short-dated CLO in just two weeks has been priced as managers bet on liabilities continuing to tighten

GoldenTree and Nuveen reset CLOs with senior notes yielding 170bp
GoldenTree Loan Management and Nuveen Asset Management each reset a July 2022-vintage CLO on Friday with both deals placing their first-pay debt tranches at Sofr plus 170 basis points

Nuveen breaks ground with reset of a short-dated 2022 CLO
Bank of America priced an intriguing reset of a 2022 CLO for Nuveen last week, despite challenges on the arbitrage

US manager launches second captive CLO equity fund
The firm closed its inaugural captive CLO equity vehicle at $375 million just 14 months ago

Former Symphony chairman Stein returns to lead CLO business at large asset manager
Well-known CLO business builder Gunther Stein is set to join a large CLO issuer after four years away from the market 

Global CLO league tables - April 2023 YTD
Global CLO league tables - April 2023 YTD

Nuveen goes short with latest new CLO via Wells Fargo
Nuveen Asset Management priced a new CLO on Tuesday, opting for a shorter structure with a three-year reinvestment period

US CLO pipeline: issuers takes credit sell-off in their stride as supply picks up
Despite the collapse of Silicon Valley Bank and Signature Bank in the last week, the CLO machine has continued to churn with just shy of $5 billion of US and mid market CLO issuance this week

Symphony 38 gets a tune out of CLO single A investors with benchmark print
Single A CLO pricing has reached new tights after Nuveen Asset Management issued Symphony CLO 38 yesterday through BNP Paribas

Nuveen and Churchill launch private BDC with initial $350 million portfolio
The Nuveen Churchill Private Capital Income Fund will primarily invest in middle market senior loans and junior capital. The BDC can also allocate to private equity co-investments

Nuveen raises $150 million to invest further in CLOs
Nuveen is expanding its CLO product suite with the launch of a new CLO opportunities fund, according to recent regulatory filings

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

Nuveen prints short-dated US CLO
Nuveen Asset Management priced a new CLO on Monday, becoming the second manager of the day to print a three-year reinvestment deal's senior triple A notes at 230 basis points over Sofr, although without disclosing discount margins

Nuveen strikes deal to buy European direct lender Arcmont
Nuveen has reached an agreement to buy a controlling stake in European credit manager Arcmont Asset Management

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

   

Gap between primary and secondary CLO triple As widens in bumper trading week
There was over $1 billion of CLO paper available in the secondary market last week and a central theme has been demand for triple A-rated notes

Quick! Avaya has ignited and $1 billion of CLO assets are at risk
Sparks are flying in the leveraged loan and high yield market after communications company Avaya Holdings slashed its forecasted earnings mere weeks after syndicating new debt. The rapid decline of Avaya's debt has left CLO managers little time to avoid the blaze

Symphony 36 proves music to ears as US CLO spreads strike a chord
Nuveen Asset Management priced Symphony CLO 36 on Tuesday to provide another signal that US CLO spreads are moving tighter

US CLO pipeline: Blackstone goes for 10 with tightest triple As of August
Blackstone Credit is marketing its latest CLO, Storm King Park, which will be the manager’s tenth US new issue of the year

NAIC accepts "excellent" CLO performance, but is not convinced by manager influence
The National Association of Insurance Commissioners has disclosed that it received eight responses to its CLO proposal with the firm summarising these responses as cautious