Permira's credit CIO Kyriakoudis to retire by end of year
Permira Credit’s former chief investment officer Thomas Kyriakoudis will retire from the firm at the end of the year to pursue entrepreneurial opportunities

Permira Debt Managers rebrands to Permira Credit
Permira Debt Managers has rebranded as Permira Credit 

CLO pipeline: Deutsche Bank and Carlson hit comeback trail
The CLO market is preparing to be very active in the coming weeks, as the issuance slow-down is set to be in the rear view mirror

Permira promotes five in credit team to MD including head of structured credit
Permira Debt Managers has promoted five members of its credit team to managing directors 

Morgan Stanley hires European CLO trader from buy side
Morgan Stanley has added to its European CLO trading team, bringing in an official who previously worked at a CLO fund manager

Permira fires starting gun on covid CLO resets as it cuts funding costs by over 50bp
Permira Debt Managers wastes no time resetting its post-covid European CLO transaction, which is scheduled to close on the CLO's original one-year non-call end date

Inflation fears add to allure of CLOs and keep fatigue at bay
CLO debt investors took a breather in late March, but sources indicate a busy second quarter is in store.

Credit funds at a glance (April 2021)
A round-up of fundraising and people moves

BlackRock fills opening on European CLO management team
BlackRock has filled a gap ithat opened up on its European CLO portfolio management team in January  

Permira targets up to €5 billion with fifth direct lending fund
The launch of Permira Credit Solutions Fund V comes 12 months after the firm held a final close on its predecessor

Permira slashes CLO funding cost by 20.1bp with partial refi
Permira Debt Managers joins the growing list of managers to partially refinance a 2018 CLO. Morgan Stanley arranged the.€274.8 million refi 

Big US firm steps up as European loan triple A CLO buyer
A large US firm that had $5.5 billion of CLO investments at one point has renewed appetite for CLOs and is eyeing European CLO tranches rated triple A and structured as loans

Axa IM leads as ESG grows in European CLO industry
European CLOs are increasingly launching with express ESG mandates embedded as issuers seek to get ahead of what appears to be an inevitable shift towards ethical investing

Permira sets CLO triple A benchmark as Jefferies makes European breakthrough
European CLO triple A spreads have dropped further with Permira Debt Managers setting a new benchmark

European CLO triple As set to reach 80bp as Jefferies aims for big impact on first deal
Jefferies is close to arranging its first new CLO in Europe having launched Permira Debt Managers’ latest deal, Providus CLO V

Jefferies picks up three big mandates to get European CLO plans rolling
Jefferies has taken huge strides towards building out its European CLO arranging business with sources indicating the bank has won mandates from three managers

European direct lending fundraising dropped 77% YoY in Q2
European direct lending fundraising figures plunged in Q2 2020, as the effects of the covid-19 pandemic were felt across the globe

Permira holds €3.48 billion final close on fourth direct lending fund
Permira Debt Managers has collected €3.48 billion for its fourth direct lending strategy, marking the fund’s final close on 31 March

Euro CLO league tables: You wait all month for a pricing and then three come along at once
Two CLO managers chose April to price their first CLOs of the year. Three European CLOs priced last month as the primary market opened following a coronavirus-enforced closure in mid-March

Who’s got the moves Europe: CLO managers enjoy climb of Everest
The European S&P/LSTA Leveraged Loan index enjoyed a strong month in April as it rose from 83 of par on 1 April to 89.2 by the end of the month. The index closed at 89.4 on 4 May to start the week 

European CLOs make long-awaited comeback with Permira breakthrough
Permira Debt Managers today re-opened Europe's CLO primary market by pricing the continent's first new issue since the coronavirus-related market sell off

Permira European CLO edges closer
The relaunch of the European CLO market is slowly gathering pace with Permira Debt Managers’ Providus CLO IV taking shape with a view to pricing on Friday

Four managers eye breakthrough new issue European CLOs
The European primary CLO market is showing signs of revival with four managers eyeing deals

Goldman Sachs in talks to buy minority stake in Permira
Goldman Sachs is looking to buy a minority stake in private equity firm Permira

Pennsylvania pension creates private credit bucket
Pennsylvania State Employees’ Retirement System has approved a new 4% allocation to the private credit asset class