KKR closes $1.3 billion global impact fund8 days ago
KKR has made a final close of its KKR Global Impact Fund SCSp at $1.3 billion
US CRE CLO growth spurt encourages Europeans15 days ago
The US CRE CLO market hit a record $19.2 billion in 2019 and sources say that a first ever European deal will be issued this year. They cite the growing commercial mortgage direct lending market on the continent as laying the foundations for a European CRE CLO.
CLO pipeline: Medalist ascends podium as new issues pace themselves29 days ago
CLO managers are biding their time before re-entering the primary CLO market, but this week Investcorp Credit Management, KKR and Medalist Partners are marketing new issue US CLOs
Global CLO b-wic round-up: Junior mezz covers return while triple A supply drives big week2 months ago
Narrowing of the bid-ask gap that has plagued junior mezzanine tranches could bring a change of fortunes in the US CLO secondary market
Euro CLO league tables: refi market opens up to give KKR best of both worlds3 months ago
European CLO issuance in October crossed €5 billion for the second month this year as managers took advantage of falling spreads and increased demand. In one example, KKR obtained tight senior CLO financing to go with tight mezz spreads from 2017 in a demonstration of expert timing
KKR bucks trend to refinance older vintage CLO from 20143 months ago
KKR Credit partially refinanced its 2014 vintage European CLO named Avoca CLO XI yesterday, according to market sources
Kroll fires back at ‘factual errors’ in WSJ CLO rating report4 months ago
Kroll Bond Rating Agency has hit back at the Wall Street Journal article that suggested the firm gives higher ratings to CLOs than its competitors
Euro CLO league tables: repricings take centre stage in bumper month as CVC leaps into first4 months ago
The European CLO market returned with a bang in September as €4.8 billion of issuance priced of which €2.7 billion was in repricings.
KKR bolsters global impact team4 months ago
Investment firm KKR has appointed two senior professionals within its global impact team, as it looks to strengthen its geographic reach and local impact
PE firms take hands-on approach to syndication4 months ago
European private equity firms are building out their debt capital market capabilities in a move which could radically improve information flow.
Euro CLO round-up: debt investors own the floor as tempo picks up5 months ago
It was one of those rare weeks in Europe when volumes surpassed the much larger US CLO market and, to cap it all off, spreads made a big jump tighter.
KKR resets 2016 euro CLO as triple A spreads drop back into double figures5 months ago
Triple A spreads tightened for the second consecutive day in Europe yesterday as KKR reset its 2016 CLO Avoca XVII
ICG adds managing director to DACH subordinated debt and equity team5 months ago
The new hire will be based in Frankfurt and adds to others the firm has made this year in the region
CLO pipeline: Carlyle and KKR plan swift re-entries5 months ago
Carlyle Group and KKR are included in the CLO pipeline this week as both managers have started marketing their latest transactions as the US CLO pipeline begins to look full after a quiet week
- A key CLO triple A investor dropped back from the market in the second quarter of 2019, but, remarkably, CLO spreads tightened as repricings came back and other investors drove demand6 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.
CLO pipeline: Black Diamond looks to brush itself off and jump back in ring after year out8 months ago
Black Diamond Capital Management features twice in our CLO pipeline this week, as the firm is planning a return to both the European and the US CLO market.
Euro CLO round-up: a tale of two extremes10 months ago
It as the longest (dated) of CLOs, it was the shortest-dated of CLOs
KKR prices Europe's most leveraged new issue 2.0 CLO10 months ago
Leverage has steadily risen in the European CLO market – but today KKR Credit priced the most levered new issue deal on record
KKR markets new European CLO with triple As subject11 months ago
KKR Credit is looking to issue its first European CLO September
Former KKR pair resurface with new direct lending business11 months ago
KKR's former global co-head of mezzanine and European head of private credit has reunited with his former colleague to launch a London-based direct lending business
European CLO equity in focus for secondary market with 50% trade rate1 year ago
European CLO equity valuations ranged from the 50s to 70s, but only two our of four positions traded yesterday
KKR promotes three European credit specialists to managing directors1 year ago
KKR has promoted several members of its team to managing directors - including a former US CLO portfolio manager
Kartesia invests in equity of 2018 European CLO1 year ago
Kartesia has invested in the equity of KKR’s latest European CLO
Spreads jump tighter again as KKR prices new European CLO1 year ago
CLO triple A spreads in Europe have been inconsistent of late with recent deals pricing within a 10 basis point range. The latest CLO to be issued on the continent emerged late on Friday and its pricing is tight relative to market spreads
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