Fund performance: CLOs look to continue recovery with end of the year in sight
CLO funds claim the majority of positions in our top 10

Hildene launches novel JV to help CLOs profit from workouts
Hildene Capital Management has been putting in place special purpose vehicles alongside CLOs that can buy new workout loans and equity stakes in distressed assets

Carlson signs equity deal with Jefferies and Hildene for four CLOs in three years
Dallas-based manager Carlson Capital has entered a strategic partnership with Jefferies and Hildene Capital Management to support issuance of CLOs on its Cathedral Lake platform

Hildene to take over management of ground-breaking trups-style CLO
Hildene Capital Management is in line to take over the collateral management contract for the first trups-style securitisation since the financial crisis

Credit Rendezvous: record fiscal stimulus provides pick-me-up
Credit markets had a mini bounce-back in the second quarter as central banks poured cash into the economy. But there is great uncertainty about the effects of a second wave of coronavirus. As part of our quarterly report on credit - the Credit Rendezvous - Creditflux spoke to experts across 12 segments of the credit market

Fund manager hires Hayfin's structured credit head and launches CLO fund
An experienced CLO and structured credit fund manager has hired from Hayfin Capital Management as it targets $300 million for a CLO fund

It’s going to be a credit picker’s market
Our panel of experts believe that the credit market will be volatile this year, but there will be opportunities in European credit and additional tier one bonds, trups CDOs and unitranches

Hildene makes huge 2017 gains after wringing every drop from 1.0 CLOs
For the most part, 1.0 CLOs are on their last legs with very few pre-crisis deals outstanding – but one fund manager has made hugely profitable trades in this area

US CLO debt tranches trade at a premium in secondary market
CLO secondary market in 2018 opens with four positions trading at a premium

Start-up credit manager moves into CLOs by taking on MatlinPatterson deals
A newly-formed company, run by former Hildene officials, has acquired three US 2.0 CLOs, according to market sources