CLO round-up: CSAM prices US triple As at tightest levels since 2013
CLO spreads have been grinding tighter this year and last week saw Credit Suisse Asset Management achieve the tightest triple-A spread in the US market since June 2013, according to Creditflux data

Waterfall looks to add derivatives to its credit managed account
A US pension fund looks set to approve a change to its account with Waterfall, which will see the manager gain the ability to use derivatives as a hedging tool

Secondary CLO round-up: investors bid up 2013 BlueMountain CLO
The secondary CLO market slowed down last week, but there was still plenty of mezzanine CLO paper in for the bid, according to data from CLO-i.

Senior distressed specialist leaves GSO after fund closure
Shortly after shutting down its distressed debt fund, GSO Capital Partners is understood to have parted company with a senior managing director and key figure in its distressed business

Investcorp draws up plans for dual risk retention-compliant CLOs
Investcorp Credit Management has recently issued its first European CLO following the sale of the business, formerly known as 3i Debt Management (or 3iDM), to Investcorp and the deal looks like being the first of a number of dual risk retention-compliant offerings from the manager

Credit managers morph into eco-warriors as ESG demand escalates
Credit market participants are watching their carbon footprint with green and ethical investing being all the rage

Credit manager bucks the trend by shifting into private equity
A host of private equity firms are planning direct lending funds, but one direct lender is moving in the opposite direction  

Citi tests the market for three-year bespokes
There is increasing appetite for credit derivative risk with Citi looking to extend the maturity of its deals 

Diverse Prytania fund posts promising 2017 gains
Prytania Investment Advisors has got off to a strong start in 2017 with the manager’s Athena Fund gaining 8.4% through February

Past returns: early risk retainers
Five years ago in Creditflux we reported on JP Morgan shutting down its special situations prop trading desk in London

Move up the stack to avoid implosion
Pundit warns investors to be concerned about return of their principal – but senior loans may be a safe haven as credit yields are squeezed and high yield becomes crowded

How the credit blockchain revolution was lost
It’s Thursday morning a couple of years in the future and smart trading is about to go live

BlueMountain splits CLO platform in two after CMV launch
BlueMountain Capital Management has neatly divided its platform in order to create some separation between its pre-risk retention CLOs and those which have been issued to comply with risk retention

ICG announces retirement of chief executive
Intermediate Capital Group has announced that its chief executive and chief investment officer, Christophe Evain, is set to retire later this year after 23 years with the firm

Alcentra confirms hire to its new-look structured credit team
Alcentra has confirmed the hire Brandon Chao from Omega Advisors to its structured credit team in New York

Värde closes latest fund at $1.7 billion
Credit manager Värde Partners has raised $1.74 billion for its latest fund, Värde Fund XII

GSO Capital pools retention vehicles as it debuts MOA
GSO Capital has launched its first globally risk retention compliant CLO, it has emerged

JP Morgan's head of European CLO origination set to relocate to New York
The head of JP Morgan’s primary European CLO team is in the process of relocating from London to New York, according to market sources.