Creditflux

London pension outlines private debt commitments
Barnet Pension Fund has earmarked £30 million for commitments to Partners Group Multi Asset Credit 2019

Private debt boosts Partners' AUM
Partners Group has reached €17.2 billion in private debt assets for the first half of 2019, with private debt experiencing the highest net growth among all private markets, according to an AUM update from the manager today  

Global CLO round-up: it's time to rethink benchmarks
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped.

Partners teams with BAML to price US CLO
Partners Group has teamed up with Bank of America Merrill Lynch to price its fourth US CLO since debuting in May 2018

CLO pipeline: managers return in force after varying time-outs
CLO managers in all markets are taking the view that the time is ripe to print their latest deals. There are 30 transactions in the US CLO pipeline this week with a further four in the middle market space and Europe

Euro CLO round-up: smaller (and newer) issuers print deals as spreads edge wider
It has been a relatively busy week for the European CLO market after three new deals priced to end a 17- day silence in the primary market. The quiet spell was broken by smaller CLO issuers.

Euro CLO b-wic round-up: secondary volumes increase amid demand for short-dated paper
Last week saw over €230 million of European CLO items listed on the secondary market, matching the almost €1 billion seen in refinancing volume.

Partners and Credit Suisse unite for third consecutive US CLO
Partners Group priced a $481.8 million new issue CLO on Friday named Pikes Peak CLO 3, according to market sources

UK pension allocates £900 million to four private debt managers
The £21.9 billion pension fund has awarded £900 million to three private debt managers and one real estate debt manager, according to 6 March board minutes

Unlevered direct lending funds bring in first-time investors
Unlevered direct lending funds are particularly appealing to first-time investors and one of the biggest managers in the business has taken note of this

Partners Group private debt assets hit €15.36 billion
Partners Group, the Swiss alternatives manager, secured €5 billion of new private debt commitments in 2018, propelling the firm’s private debt assets under management to €15.36bn

Head of European private debt Bone earns promotion at Partners
Partners Group’s head of private debt in Europe, Christopher Bone, has been promoted to partner as one of 10 senior-level promotions announced by the firm

JP Morgan embraces Euribor cap with new issue CLO for Partners Group
Partners Group has priced its fourth new issue CLO of 2018, following a €413.9 million deal arranged by JP Morgan

Partners Group prices its second US CLO after entering the market in May
Partners Group has priced its second US CLO after debuting in the market earlier this year

JP Morgan continues European CLO push with its third new issue in Q4
JP Morgan is marketing a new issue CLO for Partners Group

Partners Group promotes Layton to co-CEO as Rubeli steps down
Partners Group has announced that David Layton, partner and head of private equity, will succeed Christoph Rubeli as the firm’s co-chief executive officer, effective 1 January 2019

Partners Group poaches former Guggenheim official to private debt team
Partners Group has added to its US private debt team

Loan managers can start to be selective

US CLO market welcomes new manager as Partners' Pikes Peak prices
The US CLO market welcomed a new manager yesterday as Partners Group teamed up with Credit Suisse to price a new issue deal

BNP Paribas prices European CLO for Partners
The manager has returned to the CLO primary issuance market for the first time in 2018

BNP Paribas partners with Partners to plan a new issue European CLO
Partners Group has its sights set on becoming the 16^th manager to price a new CLO in Europe in 2018

Partners Group hires senior portfolio manager Hanslin as it eyes debut US CLO
Switzerland-headquartered Partners Group has hired a senior vice president and portfolio manager of its US bank loan and CLO origination business

European loan specialist leaves Partners Group
A European corporate loan specialist, who covered both CLOs and direct lending funds, has parted company with Partners Group, a spokesperson for the company confirms

Partners Group tops €1 billion for new multi-asset credit programme
Partners Group says that it has raised €1 billion for what it describes as a multi-asset credit programme