Europe braces for long dip amid fear of rising inflation
Credit markets are heading into uncertain times, with soaring inflation rates and the subsequent actions of central banks the primary drivers

US pensions assign $1.5 billion to 16 credit managers in December
US public pensions rounded off 2021 by gifting credit managers around $1.5 billion in commitments, according to documents seen by Creditflux

Octagon and Pimco tap CLO refi market
Octagon Credit Investors and Pacific Investment Management Company each turned to the CLO refi market on Thursday resulting in just short of $800 million pricing

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

LP round up: no Stoptober as investors allocate $5 billion to credit
US institutional investors allocated $5 billion to credit funds in October, with Oak Hill and Pimco among the biggest mandates    

Pimco CLO ahead on judges' scorecards with best triple-A punch since return
Pacific Investment Management Company has priced its third Balboa CLO since re-entering the ring as a manager in late 2020, bringing its deals under management to $1.2 billion  

US CLO pipeline: newcomers look to follow Beach Point's lead by pricing before year-end
Beach Point Capital Management became the latest debut issuer in the US CLO market on Friday, and Sycamore Tree Capital Partners and Putnam Investments are set to join it    

Global CLO pricing lab: let’s all point at that 108bp print while spreads leak out
The tsunami of CLO paper coming to market is the biggest technical factor causing spreads to widen, according to sources

Two west coast managers bring first new CLOs of 2021 via Morgan Stanley
Two California-based CLO issued their first new CLOs of the year on Thursday with Morgan Stanley arranging both transactions

LP round up: $3.2 billion flows to 21 managers as private credit illiquidity premium holds firm
Investors allocated at least $3.2 billion to credit managers in April - and direct lending funds were in favour with Churchill and Ares being awarded two mandates

ESG factors show up in leveraged loan pricing in US
Environmental, social, and corporate governance factors are filtering through to the US CLO market and influencing loan prices

Credit funds at a glance (May 2021)
A round up of fundraising and people moves in credit 

Technicals support IG while investors hunt for rising stars
Investment grade credit spreads have been stubbornly tight for the past six-months, but investors see positive technical factors that make lower-rated bonds appealing

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

Head of alternative credit among Pimco's new managing director cohort
Pimco has promoted seven to managing director including its head of alternative credit and private strategies

Senior Pimco distressed portfolio manager joins ICG
Intermediate Capital Group says that it has hired a senior Pimco official as managing director and co-head of special situations in London

LP round up: Dutch pensions put €1.3 billion into infra debt
Institutional investors allocated over $2 billion to credit funds in January. Opportunistic credit funds were a favourite but the biggest moves came in infrastructure debt

US CLO league tables: new issue rankings go to wire as post-pricing upsizes pop up
The new issue US CLO rankings are tightly contested with JP Morgan leading Citi by just $641 million with one month left of the year. Even in December's typically slower weeks this is a closeable gap 

LP round up: Monroe and Angelo Gordon beat 25 for direct lending mandate, as private credit plans brew
US public pension funds have disclosed $1.2 billion in commitments to credit focused strategies

Pimco prices first CLO in 13 years
Pacific Investment Management Company has made a long-awaited return to US CLOs after pricing its first since 2007

Credit fundraising: Dubai manager gets in on the act as direct lending takes off
Shuaa launches credit fund in the Gulf as Ares, Contingency, HPS and Perceptive are among those to close billion-plus funds

CLO pipeline: fixed income giants plan debut 2.0s with Morgan Stanley
Two large fixed income managers are pre-marketing debut 2.0 CLOs

Window or aisle? Pimco jets off with GE for $3 billion aircraft leasing platform
Pimco has partnered with GE Capital Aviation Services to launch a $3 billion aviation leasing platform, which the pair say will “provide financing to help airlines upgrade their fleets at critical time for the aviation industry”

Pimco pre-markets comeback US CLO with new PM at helm
Pimco is returning to CLO management after a 13-year absence with a recently-appointed official expected to oversee the deal

Credit fundraising: managers build homes for real estate credit funds
The “largest ever real estate credit fund” was one of the fundraising highlights last month as Blackstone’s Real Estate Debt Strategies IV fund reached $8 billion on its final close