- Direct lending (25)
- Emerging markets (4)
- High yield bonds (26)
- Investment grade credit (12)
- Structured credit (44)
- CLO (remove)
- Distressed debt (11)
- Credit derivatives (12)
- Leveraged loans (32)
- Marketplace lending (1)
- Real assets (9)
Three CLO investors win mandates from US insurer1 day ago
New York State Insurance Fund has selected 11 credit managers to invest around $1 billion across corporate loans, high yield bonds and CLO tranches, according to documentation seen by Creditflux. Three of these mandates are geared towards CLOs
Alcentra prepares listed credit fund14 days ago
BNY Mellon Investment Advisor has teamed up with affiliate Alcentra to launch a listed fund that can invest across a range of credit strategies
Brigade collects $100 million for 'senior tranche' SMA25 days ago
Brigade Capital Management has won a $100 million mandate from Texas County & District Retirement System for a structured credit fund geared towards senior tranches
Massachusetts pension commits $200 million to structured and corporate credit29 days ago
Massachusetts Pension Reserves Investment Trust has approved commitments with CKC Credit Opportunity and LMCG Serenitas
Lord Abbett preps floating rate interval fund with monthly share repurchase1 month ago
Lord Abbett Enhanced Floating Rate Fund will invest at least 80% of its assets in floating rate products including senior secured or unsecured loans, second lien debt and floating rate structured credit including CLOs
- 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 Europe1 month 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 defensive1 month 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 growth2 months 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 20192 months 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 mandate2 months 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 play3 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 rules3 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 market3 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 fund3 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 CLOs4 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 account4 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 funds4 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 RBC5 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 fundraising5 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 allocation5 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 paper6 months ago
Fair Oaks Capital has launched a Ucits fund targeting triple and double A CLOs, according to market sources
Connection backs European CLO fund6 months ago
Connection Capital has invested €5.2 million in the new CLO fund raised by Permira Debt Managers
Permira launches European CLO fund and starts with secondary market investments6 months ago
Permira Debt Managers has closed its fifth structured credit fund, Sigma V, which will invest in junior tranches of European CLOs
KKR adds CLO mezz and private credit to mix with opportunistic credit fund6 months ago
The new interval fund will invest in opportunistic credit, including CLO mezzanine debt, as well as private debt
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