Five-year CLOs back in vogue as Bain joins group of long duration issuers
Bain Capital Credit has priced the fourth five-year reinvestment CLO amid the coronavirus pandemic as the market continues to creep back towards pre-covid norms

Stepstone subsidiary raises $35 million private markets fund for high net worth individuals
Conversus has closed an inaugural private markets fund, Conversus StepStone Private Markets, at $35 million

Hayfin pairs with Goldman for second European CLO in four months
Hayfin Capital Management has priced its latest European CLO, Hayfin Emerald CLO V, via Goldman Sachs. The €345.6 million transaction comes just three months after the pair worked together to print Hayfin Emerald CLO IV

Wells Fargo parts ways with star CLO research team
Wells Fargo is parting ways with its star CLO research team led by managing director David Preston

Onex prints seniors at 141.6bp in five-year reinvestment CLO
Onex Credit Partners has priced its third US CLO post-covid, and its first with a five-year reinvestment period

Ares holds €6.97 billion first close on European direct lending fund
Ares Management Group has collected $12 billion in gross credit commitments over the third quarter of the year, according to the firm’s earnings presentation, including $8.2 billion for the first closing of its fifth European direct lending fund

TCW completes first reset of 2020 CLO and adds double Bs
TCW has become the first manager to rework a 2020 vintage CLO after teaming with Jefferies to reset its April transaction named TCW CLO 2020-1

Voya prints ESG European CLO via JP Morgan
Voya Investment Management has priced an environmentally, social and governance-compliant European CLO named Voya European CLO IV

Sound Point grows reinvestment period with second European CLO of 2020
Citi has teamed up with Sound Point Capital Management to price a €340.2 million deal named Sound Point European CLO IV

Carlyle secures 132bp triple As on second post-covid CLO
Carlyle Group printed its second CLO post-covid on Friday, teaming up with JP Morgan on the new $359.8 million deal named Carlyle US CLO 2020-2

York completes first new issue CLO of 2020
York Capital Managemend priced its first new issue CLO of the year on Friday, teaming up with Goldman Sachs on the $387.6 million deal named York CLO-8

Monroe saves 18bp with first ever mid market CLO repricing
Monroe Capital has shaved just over 18 basis points off a 2018 middle market CLO named Monroe Capital MML CLO VII with a repricing

Brigade prices rare refinancing of bond-flex CLO from 2018
Brigade Capital Management has partially refinanced a debut bond-heavy CLO from 2018 known as Brigade Debt Funding I, marking just the fourth such transaction of 2020

EQT completes sale of credit business to Bridgepoint
EQT has completed the sale of its €3.9 billion credit business segment to Bridgepoint

Credit Suisse registers €1 billion euro CLO issuance in October as Partners prices
October European CLO issuance stands at just over €2.7 billion, the largest monthly volume since the March sell-off

CLO Census results: Citi comes out top but several banks make big leaps
Citi has been voted top in five out of the eight primary CLO categories as part of the 2020 Creditflux CLO Census, but BNP Paribas, Goldman Sachs, Jefferies and Natixis are among the banks that have made huge strides compared to last year

BlackRock prices first middle market CLO following Tennenbaum buyout
BlackRock has priced its first CLO backed by loans to middle market companies since acquiring private credit manager Tennenbaum Capital Partners in 2018

Apex splits double B CLOs in first new issue in 13 months
Apex Credit Partners has returned to the CLO primary market with its first new issue in over a year

Sculptor returns to European CLO market after 14-month absence
Sculptor has priced its first European CLO of the year via Barclays. The deal brings CLO issuance in October so far to a strong €2.4 billion and year-to-date issuance to just over €17 billion

Sun Life Financial buys 51% stake in Crescent
Sun Life Financial has bought a 51% stake in credit manager Crescent Capital Group as part of its push into alternative credit

Golub goes big with first CLO eligilble for talf funding
Golub Capital Partners has priced the first CLO eligible as collateral under the US Federal Reserve's term asset-backed securities loan facility (talf), securing the largest post-covid CLO in the process

HalseyPoint opts for rare four-year reinvestment structure in CLO
HalseyPoint Asset Management returned to the CLO primary market yesterday, pricing its largest new issue to date

Ares prices third new US CLO since April
Ares Management printed its third US CLO post-covid yesterday, bringing its new issue volume amid the pandemic to $1.39 billion

Gulf Stream employs 'additional issuance' option to complete novel CLO upsize
Gulf Stream Asset Management has upsized the entire capital stack in Gulf Stream Meridian 2 five months after the deal was closed, in what is thought to be first 2.0 CLO to opt for an upsize after closing date

OC health check: CLOs wake up when September ends
September showed a slight but clear improvement in CLOs’ over-collateralisation test results as 182 CLOs breached an OC test during the reporting period, compared to 198 in August.