Permira closes sixth CLO junior debt and equity fund
Permira Credit has closed its sixth European CLO junior debt and equity fund,  Permira Sigma VI

Polus 2022 European CLO tops Fitch ESG ranking
Cairn CLO XV has scored the highest ESG score among Fitch-rated European CLOs

CLO arrangers take down triple As to get European deals completed
European CLO arrangers are taking down large chunks of triple A paper to get deals over the line amid market volatility, according to market sources. Others, meanwhile, have committed to investing in triple As to secure future mandates

Euro CLO league tables: Permira and Barclays Providus with sole new issue
Just one manager priced a European CLO priced in June, when Permira Credit and Barclays brought Providus VII to market

CLOs at a glance (July 2022)
A listing of CLOs that have priced in the last month
 
 

   

European CLO triple As widen to 140bp with long-awaited Permira deal
European CLO triple As have widened out to 140 basis points over Euribor, as Permira Credit breaks the two-week CLO market silence by pricing its long-awaited new issue deal, Providus CLO VII

LP round up: two CLO funds win support as Cali pensions home in on private credit
Two investors revealed allocations to European and US CLO funds, private credit allocations increases and private credit consultant searches get underway

BofA adds to Euro CLO volume with Permira new issue and Spire triple A refi
Bank of America added €635.6 million to its European CLO arranging volume having priced a new issue for Permira and a partial refi for Spire 

Ex-Permira Credit CIO lands at Swiss-based asset manager
LGT Capital Partners has hired Permira Debt Managers founding partner and former chief investment officer as head of credit solutions 

Credit Rendezvous: Credit spins full circle
The third quarter was massive in terms of volumes with CLOs, high yield, leverage loans and private equity registering record issuance. But credit spreads were up and down as inflation fears, crackdowns in China and rising coronavirus cases became catalysts for risk-off sentiment in July and September

CLOs at a glance (July 2021)
A listing of CLOs that have priced in the last month

Permira takes 2021 Euro CLO volume over €1.4 billion with 2019 deal reset
Barclays arranged the €349.7 million ESG-labelled CLO, in a first-time partnership for the pair

CLO official set to join Permira in September
Permira Credit has hired a CLO official to its London-based team

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