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15 results found Showing page 1 of 1

  • Serta Simmons makes its bed again with default leaving CLOs with a restless night
    $172.5 million of CLO assets defaulted on Monday after Serta Simmons Bedding filed for chapter 11 bankruptcy.

    1 year ago
  • Fund performance: August provides much-needed relief for CLO funds
    .August fund performance 

    1 year ago
  • HY fund is exception to rule of CLOs
    CLO funds have had back-to-back years of outperformance versus credit, proving the asset class is a great place to invest, rain or shine. But a Wasserstein HY fund was the star performer in 2021  

    2 years ago
  • Credit Rendezvous: the upside of inflation
    It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

    2 years ago
  • Credit Rendezvous: And breathe...
    The unanimous verdict is that credit spreads will be moving wider – they have to. But the difficulty credit fund managers face is predicting when the next sell-off comes and how sharp it will be. In the Q3 instalment of Creditflux’s Credit Rendezvous, the over-riding message from portfolio managers is that there’s little point in taking on too much risk. The report features the views of prominent credit figures including Paul Horvath (Orchard), Himani Trivedi (Nuveen), Ronnie Jaber (Onex), Graham Rainbow (Alcentra) and Michelle Russell-Dowe (Schroders). The report looks at 14 segments of the market including CLOs, direct lending, leveraged loans, distressed debt and credit derivatives.  

    2 years ago
  • Credit fundraising: Audax scores big in lighter month
    Fundraising markedly dropped in May, but credit funds still amassed $12.8 billion and 10 credit funds reached final closes across a variety of different strategies

    2 years ago
  • LP round-up: $2.6 billion flows into 26 credit managers
    A stuck ship in the Suez Canal may have prevented others from getting through one of the world's busiest waterways in March, but allocations to credit funds were much more free flowing as investors poured over $2.6 billion into the hands of credit managers

    2 years ago
  • High yield fund sets pace with 22% return in January
    Wasserstein Debt Opportunities Fund has set the early pace for credit hedge funds in 2021 after registering a 21.7% gain in January. This builds on the high yield fund’s success last year and takes 12-month returns to 40.44%. 

    3 years ago
  • Fund performance: A third of funds reach positive territory in 2020
    August has been another successful month for the CLO category as seven of the top 10 funds invest primarily in CLOs

    3 years ago
  • Alcentra appoints DeSimone as CEO
    Alcentra has appointed Johnathan DeSimone as chief executive officer following David Forbes-Nixon’s decision to step down and take an investment role at the firm

    3 years ago
  • CLOs stuck with $100 million of bankrupt TNT Crane's debt
    14 CLO managers hold $92.5 million debt of TNT Crane & Rigging, which filed for chapter 11 protection in the US Bankruptcy Court For The District Of Delaware yesterday

    3 years ago
  • Credit Rendezvous: record fiscal stimulus provides pick-me-up
    Credit markets had a mini bounce-back in the second quarter as central banks poured cash into the economy. But there is great uncertainty about the effects of a second wave of coronavirus. As part of our quarterly report on credit - the Credit Rendezvous - Creditflux spoke to experts across 12 segments of the credit market

    3 years ago
  • Alcentra prepares listed credit fund
    BNY Mellon Investment Advisor has teamed up with affiliate Alcentra to launch a listed fund that can invest across a range of credit strategies

    4 years ago
  • Credit funds at a glance
    A round-up of fundraising and people moves in credit

    4 years ago
  • Credit funds at a glance

    A round-up of fundraising and people moves in credit

    4 years ago

15 results found Showing page 1 of 1

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