- Direct lending (20)
- Emerging markets (4)
- High yield bonds (23)
- Investment grade credit (11)
- Structured credit (40)
- CLO (remove)
- Distressed debt (10)
- Credit derivatives (11)
- Leveraged loans (27)
- Marketplace lending (1)
- Real assets (9)
- There is renewed hope for junior US CLO debt tranches this year with plenty of funds raised in late 2019 targeting this opportunity and a spike in trading volumes in the early weeks of January. However, dangers still lurk with investors cautious about allocating to CLOs that have barbelled portfolios.
GSO aims to place US CLOs in Europe10 days ago
GSO Capital Partners has launched a manager entity named Blackstone/GSO CLO Management LLC in an effort to sell US CLOs into Europe.
California pension earmarks $190 million for IG structured credit as it goes defensive13 days ago
San Mateo County Employees Retirement Association has earmarked $190 million to a securitised credit managed account
Partners nears $100 billion in AUM as CLOs drive private debt growth1 month ago
Swiss manager Partners Group has reached $94.1 billion in assets under management, with CLOs boosting the firm’s growth, according to its 2019 annual results
Stockholm-based firm targets CLOs, CSOs and SRTs for new fund after stellar 20191 month ago
A fund manager, established in 2018, is said to be launching its second corporate structured credit fund, sources say, after generating 20% returns last year via its debut strategy. The new fund will invest across CLOs, CSOs, SRTs and index tranches
Napier Park beats 47 managers to win pension's lucrative credit mandate1 month ago
Napier Park Global Capital has emerged as the winner for a $500 million illiquid credit mandate for Los Angeles County Employees Association, after the pension recieved 48 responses to its original request for proposal
Volatility wave brings index-linked CLO funds into play2 months 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’.
Pitching your structured credit fund: the three golden rules2 months ago
Structured credit fund managers were given a lesson in how to market their strategies by a group of asset allocators at the Creditflux CLO Summit in New York.
CLOs wrestle back control of the European loan market2 months 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.
Goldman Sachs AM explores interval structure for credit fund2 months ago
Goldman Sachs Asset Management has begun marketing for an interval fund primarily focused on credit investments
CSAM launches first commingled fund geared towards CLOs2 months ago
Credit Suisse Asset Management has launched its inaugural CLO equity fund, according to market sources, collecting nearly $150 million on a first close for the strategy
LibreMax wins $200 million for structured credit managed account2 months ago
The managed account will target 10 to 40 investments across a range of different strategies including CLOs, consumer, residential, commercial and regulatory capital.
Inflows boost structured credit mutual funds3 months ago
Low rates have seen loan mutual funds battle $42 billion of outflows this year, but structured credit funds have been able to grow while capitalising on this volatility, according to sources.
BlueBay launches CLO fund with seed capital from parent RBC3 months ago
Sources say the strategy launched earlier this year via an Irish fund structure with seed capital provided by BlueBay’s parent company, RBC
Orchard targets CLO investments in fruitful year of fundraising3 months ago
Orchard Global Asset Management is in the process of fundraising for its first CLO focussed fund, according to market sources. The firm is targeting the global CLO market and looking across the capital stack.
Russell and Mediobanca launch multi-asset fund with CLO allocation4 months ago
Mediobanca Private Banking has joined forces with Russell Investments to set up a fund that has a 20% allocation to credit, sources say
Fair Oaks launches new fund targeting senior CLO paper4 months ago
Fair Oaks Capital has launched a Ucits fund targeting triple and double A CLOs, according to market sources
KKR adds CLO mezz and private credit to mix with opportunistic credit fund5 months ago
The new interval fund will invest in opportunistic credit, including CLO mezzanine debt, as well as private debt
CIFC targets majority equity with latest CLO fund5 months ago
CIFC Asset Management is making a quick-fire return to the market with yet another CLO-focussed fund – this time, the CLO manager is in the process of fundraising for a CLO equity fund, according to market sources
Amundi Pioneer initiates marketing for structured credit interval fund5 months ago
Amundi Pioneer Asset Management, a wholly owned subsidiary of Amundi, is in the market with a structured credit interval fund
Apollo fee earnings rise 9% in Q2 as structured credit boosts portfolio6 months ago
Apollo Global Management’s credit portfolio increased 4% quarter-over-quarter to $201 billion, driven by growth in affiliated life insurance firm Athene, as well as corporate credit and structured credit
- Replies to our survey from 95 respondents in 11 countries show that environmental, social and governance investing is growing in importance — but it is tricky for firms to define and implement6 months ago
Credit plays a big part as KKR increases AUM by $6.5 billion6 months ago
KKR grew its assets under management by 8% over the second quarter, according to the firm’s earnings call, which took place on Thursday.
Eagle Point prices IPO for junior CLO debt fund6 months ago
Eagle Point Credit Management yesterday announced the pricing of an IPO for its CLO junior debt fund named Eagle Point Income Company
Eagle Point looks to complete IPO for CLO debt fund7 months ago
Eagle Point Credit Management is looking to complete an IPO for a fund which invests in double B-rated CLOs, according to documents filed with the SEC
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