Private ABF lenders field diligence questions
The alleged collateral fraud at the heart of recent high-profile bankruptcies has put a spotlight on diligence standards

Credit hedge funds – September 2025
Credit hedge fund performance

Manulife CQS raises USD 1.1bn for regulatory capital relief strategy
Under the strategy, the manager can pursue bilateral and club deals to take loans off a bank’s balance sheet

BlackRock launches securitised fund investing up to 30% in CLOs
The BGF Securitised Fund has a remit to invest in AAA to BBB tranches of European and US CLOs 

HPS partners with Vistina on investment grade ABF
The new collaboration will give HPS parent company BlackRock greater access to the growing ABF market for its investors

High issuance creating opportunities in CLOs and Australian ABS – Janus Henderson
ABS portfolio manager Ian Bettney finds market tight but sees attractiveness in certain sectors; high issuance keeping spreads on CLOs, Australian ABS, and US non-QM deals attractive

KKR raises USD 6.5bn, doubling the size of prior asset-backed finance fund
The sophomore fund in the series will invest in private credit investments backed by large, diversified pools of financial and hard assets

Janus Henderson launches ABS ETF
The new product will focus on investment grade asset-backed securities, reflecting client demand

Carlyle rolls out investment grade private debt fund
EXCLUSIVE: The IG asset-backed fund is structured as an evergreen vehicle and targets an institutional investor base

Blackstone hires ex-Lazard co-head of US financial institutions
Joseph Cassanelli will work on the team behind Blackstone’s Tactical Opportunities strategy, which allows Blackstone to invest across asset classes, industries and geographies

Public ABS volatility creates opportunity for Citi, Carlyle ABF partnership
By backing fintech specialty lending businesses, Carlyle will gain access to their portfolio of alternative collateral, Carlyle’s head of ABF told Creditflux

ABF specialist Balbec names new CEO
Peter Troisi to take the helm as Charles Rusbasan transitions to an executive chairman role

Custom vehicles offer range of options for co-investments
Institutional investors, the huge pools of capital that have fuelled private credit to a USD 2tn market, often aspire to invest directly alongside fund managers. But many have been hampered by high cost and other difficulties — until perhaps now

400 Capital names leaders for ABS, corporate and distressed strategies
The alternative credit manager also announced two new partners

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

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

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

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