16th Creditflux Manager Awards now open for entries
The 16th annual Creditflux manager awards return this May, with entries now open through to 22 February. After a month of rigorous analysis, the finalists will be announced at the start of April and winners will be presented at the Manager Awards dinner on 15 May, after the annual CLO Symposium at the Landmark Hotel in London.
The main CLO awards cover a variety of categories across the industry, recognising the best performers among US and European broadly-syndicated loan CLOs, private credit CLOs, the best CLOs redeemed in 2023 and the best managers in all these fields, with categories for boutique and established firms included. This year we will also be looking for the most innovative CLO deal in 2023, where for the first time we will be opening the decision to a voting panel - more details to follow shortly.
CLOs will be judged purely on performance metrics available in the trustee reports to ensure transparency. Metrics for best CLOs include par build and headroom in junior OC tests; weighted average price and percentage of assets marked under 80; weighted average spread, and weighted average rating factor; and average annualised returns to equity weighted by leverage and volatility. CLOs that went effective in 2023 will be considered in the “new CLO” categories, and will be judged on weighted par build, warf at inception, and arbitrage.
In order to be eligible for the awards, managers must provide access to their trustee reports through the trustee websites to ensure the reports are listed on CLO-i, and fill out this entry form. Managers should enter details for all their CLOs, and they will be automatically entered into all eligible categories. To be considered for the “best manager” categories, please note that all eligible CLOs must be submitted, as the finalists are selected on the average of all CLOs. For any questions or queries, or to return the entry form, please contact lafri.reda@iongroup.com or robin.armitage@iongroup.com.
Fund awards
All open-ended CLO funds that are listed on Creditflux’s credit hedge fund database and have at least a year’s worth of returns will be automatically eligible for the best CLO fund category. Any fund interested in entering should send this entry form filled in with historical returns to robin.armitage@iongroup.com.
The closed-end CLO funds are split into two categories; please find attached entry forms with example data filled in for private closed-end CLO funds and public closed-end CLO funds. This is to recognise similarly structured funds with comparable reporting methods. Please return completed forms, or direct any questions or queries, to robin.armitage@iongroup.com.
Please find the full list of categories below:
Award Categories: |
---|
Best new US CLO |
Best new European CLO |
Best US CLO |
Best European CLO |
Best US boutique CLO manager |
Best European boutique CLO manager |
Best redeemed US CLO |
Best redeemed European CLO |
Best middle-market CLO |
Best new middle-market CLO |
Best innovative CLO |
Best public closed-end CLO fund |
Best private closed-end CLO fund |
Best CLO fund |
Best MM CLO manager |
Best US CLO manager |
Best European CLO manager |
Creditflux manager of the year |
<<END>>
Related Stories
- Private credit titans lean on public rivals in bid to enter retirement product race less than 1 hour ago
- Tariffs will push up default rates for several years, say agencies and managers less than 1 hour ago
- Cliffwater’s evolution: from consultant to co-investor 1 hour ago
- News in brief 1 hour ago
- Tariffs kill off year-long CLO boom 1 hour ago
CLOs
- Palmer Square prints new US BSL CLO with triple As at SOFR +136.33 18 hours ago
- Blackstone prices second new European issue after market pause 18 hours ago
- PGIM issues new European CLO via HSBC 20 hours ago
- Creditflux Symposium 2025 opens at Nobu Hotel in Portman Square, London 21 hours ago
- Redding Ridge reprices first Irradiant CLO since takeover 22 hours ago