- Direct lending (172)
- Emerging markets (55)
- High yield bonds (3254)
- Investment grade credit (103)
- Structured credit (121)
- CLO (293)
- Distressed debt (111)
- Credit derivatives (145)
- Marketplace lending (17)
- Real assets (43)
MUFG adds to US leveraged finance unit with senior hire from Deutsche Bank1 day ago
A senior credit specialist has left Deutsche bank in New York after 10 years in order to join MUFG
Euro loan trading: CLO managers find a home for building specialist's downsized loan2 days ago
CRH Europe issued a €700 million term loan B in November, which was downsized from €900 million. But still, it has proved popular with CLO managers with CLO-i indicating that CLOs bought €275.2 million of the loan
UK charities join forces on hunt for ESG managers3 days ago
Three UK based charities are joining forces in the hunt for a manager to oversee a £32 million ($41.6 million) portfolio with a strong focus on environment, social and governance (ESG) criteria as well as impact investing
Job opportunity with Cerberus: leveraged finance4 days ago
Cerberus has released details of the following vacancy: leveraged finance operations associate – New York
Nomura calculates that about 36% of loans are eligible for a repricing. It bases this on the number of loans that are immediately callable, have near-term call risk or are a potential call risk if the loan market continues to rally5 days ago
CLOs face losses as Constellis loan drops to 28.58 days ago
32 CLO managers hold $640.4 million of Constellis Holdings’ debt, which Moody's downgraded to C after the company missed an amortisation payment due 31 December
Job opportunity with Golub: structured products10 days ago
Golub Capital has released details of the following vacancy: Structured products, assistant vice president – Charlotte, North Carolina
CBAM plans expansion with new $60 million credit facility10 days ago
CBAM has closed a $60 million credit facility to refinance a working capital facility to its parent company Eldridge Industries
UK pension eyes managers as part of £1 billion-plus credit expansion10 days ago
Border to Coast Pensions Partnership is seeking investment managers for single credit asset class mandates,
Värde launches $2.5 billion global credit fund30 days ago
Värde Partners has raised $2.47 billion for a new global credit fund, according to an announcement today
Clover bankruptcy leaves print marks on CLOs1 month ago
CLOs hold $256 million of the debt of printing supply company Clover Technologies Group, which filed for Chapter 11 bankruptcy on Monday
Texas pension appoints CIO1 month ago
Teacher Retirement System of Texas has appointed a new chief investment officer, effective from January 2020
Ex-CQS portfolio manager resurfaces at Axa IM1 month ago
A former European leveraged loan portfolio manager who left CQS in July 2018 has resurfaced at Axa Investment Management
Direct lenders seek flexibility as leverage facilities disperse1 month ago
European direct lending funds are frequently taking on leverage, and with some of these facilities topping €1 billion, leverage providers are looking to syndicate their exposures among other banks.
Volatility wave brings index-linked CLO funds into play1 month ago
Defensive positioning from loan managers has led to bifurcation in that market, but CLO fund managers are taking an attack-minded approach with ‘index-linked funds’.
Points up front: There are lies, damn lies and awards pitches1 month ago
We’re hearing empty boasts, trash talking of their rivals and no shortage of promises that will absolutely be delivered.
CLOs wrestle back control of the European loan market1 month ago
The share of European loans bought by CLOs is now larger than those acquired by loan managed accounts and hedge funds, according to a research paper by Barclays.
Managers amend CLO structures amid refinancing ripple1 month ago
CLO managers have deployed various measures to keep their deals ticking amid a European refinancing wave.
Deluxe decline leaves CLOs feeling deflated1 month ago
Deluxe looked decent: trading in the 90s for much of this year, with 60% of its term loan sitting in CLO portfolios. But its rapid descent underlines the dangers posed by idiosyncratic events.
Attack is the best form of defence1 month ago
Yes, idiosyncratic risks are creeping into corporate credit. But speakers at Creditflux’s CLO Summit were convinced that the most creative firms will be able to thrive without taking on additional risk
Fund performance: Long-short funds rule in October as CLO funds struggle1 month ago
A round-up of fund performance
- A round-up of ucits fund performance1 month ago
- A round-up of CLO performance1 month ago
Welshcake: Don’t get too comfortable. The truth is there are hundreds of things that could be catalysts for a sell-off1 month ago
Just because there’s no obvious sign of a sell-off, doesn’t mean it’s not going to happen. Often, market moves defy logic
‘Buying the dip’ is going to be a poor investment strategy when the next downturn comes1 month ago
The next credit downturn will be shallower but more prolonged than the last, so what works will be different, too
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