Putnam confirms CLO ambitions after raiding First Eagle
Putnam Investments has confirmed its plan to jump back into CLO management after 17 years away with the company announcing the appointment of a team from First Eagle Investment Management, led by portfolio manager Scott D'Orsi. Creditflux first reported on this move in February  

Credit Suisse CLO syndication specialist joins rival in New York
A US CLO syndication specialist at Credit Suisse has left his position to join another bank as director

CLO demand to drive loan outperformance over bonds: BNP Paribas
The buying power of CLOs and funds could mean leveraged loans rally further and outpace high yield bonds, says BNP Paribas' credit research team

JP Morgan prints CLOs for CarVal and Western
JP Morgan has issued new CLOs for CarVal CLO Management and Western Asset Management Company

Anchorage lowers 2020 CLO's funding costs by 60bp with reset
Anchorage Capital Group has become the latest manager to reset a post-covid CLO on Friday, teaming with Citi to restructure its July 2020 deal 

MidCap and Steele Creek add to 2019 CLO refi supply
Steele Creek Investment Management and MidCap each refinanced a 2019 CLO on Friday

Kayne appoints new CEO as Levitt and CLO team spin out
More details have emerged on the spin out of Kayne Anderson’s credit business, first reported by Creditflux today, with sources indicating chief executive officer Michael Levitt is part of the team that is leaving

Update: Kayne to split from CLO and credit opps units
Kayne Anderson is set to spin out its CLO business

Two CLO investors win $250 million from US pension
A Rhode Island pension has allocated $250 million to two CLO investors following its new 2% allocation to the asset class earlier this year

Elmwood prints tightest CLO reset since first quarter
Elmwood Asset Management has scored the tightest debt execution on a CLO reset since the first quarter

Onex shakes up senior debt structure in refi of 2019 CLO
Onex Credit Partners has restructured the senior debt tranches of OCP 2019-17 after refinancing the deal via Citi

Audax brings CLO haul to $2 billion with largest deal so far
Audax Management Company issued a fifth middle market CLO on Thursday, bringing its deals under management to $2 billion

Alcentra and Octagon each reset 2019 CLOs
Alcentra and Octagon Credit Investors each reset a 2019 CLO on Thursday, with the two transactions totalling $861.3 million

CLO pipeline: GoldenTree makes good home for single Bs in swarm of activity
Wider CLO spreads are not deterring US CLO managers or equity investors, as 14 new issues, 10 resets and seven refinancings enter the pipeline

Debut US CLO manager targets $300 million for captive equity and mezz fund
A US manager with plans to launch its first CLO this year is in the market with a capitve equity fund to invest in its own CLOs

Unusual double As jump tighter as BMO keeps it in-house again with CLO refi
BMO has refinanced a CLO for BMO that resulted in junior double As moving much tighter relative to senior double As 

Partners prints its largest CLO in over two years
Partners Group has priced its largest new US CLO in over two years, teaming up with Credit Suisse to print the deal

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

Diameter to round out business with move into CLOs as it wins Apollo and Corbin support
Apollo Global Management and Corbin Capital are among the investors to provide the bond-flex CLO manager with equity seed capital to launch a new regular-way CLO business

Axa IM extends palm oil policy to cover ecosystem protection and deforestation
Axa Investment Managers says it is expanding its 2014 policy of excluding investments in companies which do not have sustainable palm oil production certificates by factoring in deforestation and ecosystem protection

Manager targets $450 million for global CLO fund
A New York pension has backed the fund, which will invest in CLO debt and equity tranches and is said to have held a first close in Q1

Carlyle notches 10th US CLO transaction of 2021
Carlyle Group teamed up with Barclays on Tuesday to reset Carlyle GMS CLO 2016-3

Antares prints largest new issue CLO for four months
Antares Capital priced the fourth largest new CLO of 2021 on Tuesday with the $806 million Antares CLO 2021-1

Marble Point scores CLO market's first sub-90bp refi print since March
Marble Point Capital Management has become the first CLO manager to refinance a triple A CLO inside 90 basis points in the second quarter

Birch Grove cuts debut CLO's funding costs by 37.7bp with refi
Birch Grove Capital has refinanced the investment grade tranches of its debut CLO from 2019 named Birch Grove I