DoubleLine breaks US CLO issuance deadlock with first deal in 18 months
DoubleLine Capital priced its first new CLO in over 18 months on Friday, breaking the issuance deadlock that bound the US market this last week

Parallel CLO tranche sinks deeper into triple C
Parallel 2015-1’s junior-most debt tranche was downgraded to Caa3 late last year by Moody’s

Daily new US CLO volume tops $2 billion for first time since September
New CLOs from DoubleLine Capital and Pacific Asset Management priced on Tuesday to bring the new issue CLO volume for the day over $2 billion for the first time since September

US CLO pipeline: Go long! Refis fall from favour as AMMC looks to join list of 2021 issuers
The only record left to fall this year in US CLOs is 2017’s refinancing total of $102.8 billion with the market $6.3 billion shy. Yet this segment shows little interest to break more records with the pipeline filled with new issues and resets as longer tenured deals are preferred.

DoubleLine and Rockford Tower bring weekly US CLO refi supply to $2.4 billion
US CLO refinancing supply topped $2.4 billion in a week after two managers emerged on Friday with refinancings of 2019 vintage deals

CLO pipeline: four US and two European managers prepare first 2021 CLOs
The CLO market is set to carry on roaring with the pipeline as full as ever despite the summer slowdown just around the corner  

Post-covid US CLO resets pass $7 billion as DoubleLine prices
DoubleLine Capital became the 14th US CLO manager to reset a post-covid deal on Wednesday, bringing the volume of post-covid CLO resets over $7 billion for the first time

US CLO league tables: CIFC makes big leap but CSAM and JP Morgan retain leads
There has been no change atop the US CLO league tables, but Credit Suisse Asset Management’s and JP Morgan’s leads are dwindling

Global CLO pricing lab: investors get over fatigue and embrace reset roll over
The demand for CLOs is showing no signs of slowing down after the market had experienced some fatigue at the end of the first quarter and into the second. In the last two weeks, there have been 47 CLO transactions across all forms of pricing in the three markets; led by 18 US CLO new issues

DoubleLine returns to CLO primary with first new issue in eight months
DoubleLine Capital returned to the CLO primary market on Friday with its first new issue deal in eight months

CLO pipeline: and breathe... issuance splurge clears the backlog
Over 20 deals remain in the CLO pipeline, despite a glut of issuance last week in which 38 transactions priced, totalling $18.1 billion

Global CLO b-wic round-up: junior tranches trade above par as US volumes reach $45bn
A busy week of over $1.4 billion of US CLO secondary bonds and €290 million of European CLO paper gave light to CLO spreads across the capital structure continuing their push towards pre-covid levels

DoubleLine makes CLO comeback with first new issue in over a year
DoubleLine Capital has returned to the CLO primary market with Parallel 2020-1, its first new issue in over a year

DoubleLine adds co-portfolio manager to bond fund
DoubleLine Capital has added founder Ken Shinoda as co-portfolio manager of the DoubleLine Total Return Bond Fund

LP round-up: mighty Oaks win $1 billion apiece from Calpers
Credit investors allocated over $3 billion to 18 credit managers this week across a wide range of strategies

California pension earmarks $190 million for IG structured credit as it goes defensive
San Mateo County Employees Retirement Association has earmarked $190 million to a securitised credit managed account

Refis back in the money as Citi brings two 2017 vintage US CLOs
The CLO refinancing market has reawoken, with Citi yesterday pricing two refis of 2017 vintage deals for DoubleLine and Rockford Tower

DoubleLine to refi 2017 CLO without WAL extension
The wave of US CLO refinancings is getting bigger with DoubleLine Capital working with Citi to refi Parallel 2017-1, according to market sources

Doubleline returns to CLO market after nine months
Doubleline Capital yesterday returned to the CLO market after a nine month absence to price a new issue named Parallel 2019-1

Ares brings in credit portfolio managers from DoubleLine and Pimco
Ares Management has bolstered its liquid credit team with the appointment of Jason Duko and Kapil Singh, who join as partners and portfolio managers

Louisiana pension fund assigns $200 million to DoubleLine and GoldenTree
Louisiana State Employees' Retirement System has allocated to distressed debt and mortgage credit funds run by two experienced asset managers

US CLO issuer seeks portfolio manager in Los Angeles
A Los Angeles-based manager is looking to hire for its CLO team 

Doubleline prices its third US CLO after partnering with Citi
Doubleline Capital has made it to three US CLOs after pricing a $407.9 million deal on Monday

Florida pension fund commits $200 million to Doubleline's MBS strategy
Florida State Board of Administration approved a $200 million commitment to Los-Angeles based Doubleline for its opportunities credit fund in Q4 2017, according to board documentation

Los Angeles-based CLO manager enters refi market for the first time
A boutique CLO manager has priced its first ever CLO refi deal, teaming up with Morgan Stanley on the $348 million transaction