Fund performance – October 2025
Corporate distressed rises again but outliers drag down CLOs

Credit funds at a glance – November 2025
Our roundup of top performers, fundraising and moves in credit

Fund performance – June 2025
Emerging markets lead as CLOs and credit multi- strategy returns dip

Credit funds at a glance – June 2025
Our roundup of top performers, fundraising and moves in credit

Fund performance – April 2025
April returns show small improvement, but CLO funds struggle

Credit funds at a glance – April 2025
Our roundup of top performers, fundraising and moves in credit

Global head of CLO origination jumps to the buy-side
Hildene Capital Management has raided Jefferies for its new head of capital markets, with the hiring confirmed today.

Past returns: How Hildene took the lead
10 years ago in Creditflux we wrote about Hildene’s novel Hildene Leveraged Credit Fund, which was designed to take equity stakes in Hildene CLOs and provide a warehouse for forthcoming deals

CLO and structured credit PM parts ways from Hildene
An experienced CLO and structured credit specialist has left Hildene Capital Management

They said it: You’re going to rub someone up the wrong way doing that
Calling CLOs prematurely is no way to make friends 

Are we ready for another crisis?
Credit managers must brace themselves for stress in 2023, as rates rise and the number of poor performing assets increases. But most CLOs look well-placed and can rely on plump OC cushions 

Fund performance: Wake us up when September ends
After a resurgent August, credit markets hit a rough patch in September, with every Creditflux index posting negative returns, and only 12.9% of funds in our listings showing a positive return.

US CLO syndication returns after long layoff as triple As settle tighter
After months where CLO liability pricing lagged the loan market, September saw a reversal as a vibrant investor base helped CLOs outperform

CLO manager M&A deal boosts equity investor Hildene Capital
Hildene Capital Management boosted returns in its CLO equity business last month after its manager partner Carlson Capital sold the management contracts for its CLOs to WhiteStar Asset Management

HY fund is exception to rule of CLOs
CLO funds have had back-to-back years of outperformance versus credit, proving the asset class is a great place to invest, rain or shine. But a Wasserstein HY fund was the star performer in 2021  

Leucadia AM takes non-controlling stake in Hildene
Hildene Capital Management has entered a strategic relationship with Jefferies affiliate Leucadia Asset Management

Fund performance: CLO funds deliver again, but third of all funds post losses
CLO funds took six of the top 10 spots in October in a continuation of the previous month’s strong performances. However, a consistent showing from Wasserstein in the US high yield category has claimed the top spot for the last two months

Everyone’s ramping

Hildene hires business development head from One William Street
Hildene Capital Management has hired a new head of business development

Déjà vu as CLO strategies again top hedge fund tables
Seven out of the top 10 funds in our hedge fund tables belong to the CLO category as the asset class outperformed again in July

Fund performance: CLOs dominate again as CIFC and Hildene score hat-tricks
CLO funds once again take over the top 10 as seven of those listed with Creditflux invest predominantly in the asset class. So far in 2021, CLO funds have held a majority of the spots in the top 10 on four occasions

CLO funds defy soft market to deliver yet again
Corporate credit rallied in the second quarter, while CLO spreads dripped wider — but that hasn’t stopped CLO funds outperforming yet again

Fund performance: long-short funds challenge CLO strategies
CLO funds are maintaining their stranglehold on our top 10, but long-short credit funds are giving them a run for their money

Fund performance: Déjà vu as April leaders dominate
CLO funds stayed in the top flight for another month as they took over the top 10 credit hedge fund return table in May, when 87% of all funds listed made positive returns

The Last Tranche with Hildene's Jain: Cirque du Soleil shows CLOs do not have to lose out in a restructuring
In this episode of The Last Tranche, Hildene's Tapan Jain and Creditflux's Hugh Minch discuss recent changes in how CLO documents treat workout securities. Jain draws on his experience during the Cirque du Soleil bankruptcy and explains ways in which CLOs can profit from rescue financing