CLO Symposium 2025
The Creditflux CLO Symposium will be held at the Nobu Hotel, London on 14-15 May 2025

Wild volatility drives spike in secondary market activity, as primary market hits the brakes in Europe
EU ABS weekly digest: primary ABS and CLO markets hit the brakes, while the secondary markets saw a flurry of BWICs hit the screens in Europe

Trump's tariff U-turn sparks cautious tightening in secondary
ANALYSIS: European CLO market saw little forced selling, more BWIC activity with some percentage of DNTs

BWICs dominate CLO, ABS secondary activity as primary quietens
EXCLUSIVE: A flurry of BWICs hit screens this week, offering both CLOs and ABS, though some did not trade in Europe

Guggenheim alums to head new Hoplon-backed private ABS shop
The new platform just finished a USD 1.35bn IG securitization of internet identity service assets

KKR, Capital Group set to launch a hybrid private-public credit fund for individuals
The new fund with a low minimum will invest across corporate direct lending, private asset-based lending and public fixed income

Lincoln Financial partners with Bain, Partners Group on private credit products for US wealth channel
Lincoln aims to launch the two new private credit products in late 2025

Atos provides a French lesson for SRT investors

US BSL CLO Rankings - February 2025
2025 rages on as February continues to set pace for another record year

European ABS, CLOs tighten as secondary trading picks up
Secondary spreads for both ABS and CLOs in Europe tighten this week, notably for mezzanine tranches

Oaktree expands asset-based finance team with hires from Atalaya and Goldman
Oaktree Capital Management has increased staff for its asset-backed finance group

Obra builds out new CLO management business around CLO investing
Obra Capital became the newest manager in the CLO space with last month’s pricing of Obra CLO 1, but the origin of the team dates back to the days before the Great Financial Crisis

UBS refinances Covid-era US CLO
UBS Asset Management has printed a refinancing of Madison Park Funding XLV, a short-dated US BSL CLO that debuted back in July 2020

Ares negotiates sub line lending solutions with banks
Ares Management is upping its subscription line lending activity. It has agreed a new partnership with Investec and is talks with a number of other banks

ABS East conference expects good time to keep rolling for US CLOs
The Fontainebleau Miami Beach was bursting at the seams for this week’s ABS East 2024 conference where the crowds included a strong contingent from the CLO market, with an almost universally positive attitude

CLO strategies outperform again
In 2023, our index of funds investing in CLO tranches and equity returned 22.9%. In the first six months of this year, the index reached 9.9%, as these funds again delivered outstanding results

Paul Hastings hires structured finance partner in London
Paul Hastings has hired a new structured finance lawyer who specializes in bespoke asset-backed finance transactions

ABS specialist LibreMax partners with fintech platform iCapital
New York-based securitized credit specialist LibreMax Capital has teamed up with fintech platform iCapital

Reed Smith hires Winston & Strawn CLO lawyer
The recruitment of a New York-based partner will help Reed Smith build out the law firm's CLO and ABS capabilities

CarVal goes long(er) on 2023-vintage CLO reset
CarVal CLO Management has reset its 2023-vintage CarVal CLO VII-C, moving from a short-dated to a long-dated structure

John Hancock launches multi-asset credit interval fund
A new fund, managed by affiliate Manulife | CQS, will invest in multi-asset credit strategies and fixed-income asset classes  

West Coast CLO investor leaves firm
A California-based portfolio manager focusing on non-agency RMBS along with CLOs has left his role

Apollo raises funds for special sits
Apollo Management has pushed ahead with its plans to raise funds for the second iteration of its credit special situations fund

RBC's head of ABS trading moves to French bank in London
RBC has lost its head of ABS trading to a rival