TCW issues new CLO from its Jefferies strategic partnership
TCW Group has priced its fifth CLO under its strategic partnership with Jefferies

LP round up: Magnetar and Värde among winners as $3 billion flows to credit
Institutional investors allocated at least $3 billion to credit funds in August

Schroders beats five to win structured credit mandate as pension terminates Franklin Templeton
Schroders has beat out five other credit managers to win up to $108 million for a securitised credit mandate from a US pension. It comes after investment consultant RVK recommended to terminate the pension’s investment in Franklin Templeton due to “underwhelming performance and decreasing assets”

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

TCW hits agreement target with sequence of Jefferies-arranged CLOs
TCW Group has priced the fourth new CLO resulting from its strategic partnership with Jefferies, which was arranger on the deal 

TCW refinances 2019 CLO at $370 million
TCW teamed up with Jefferies on Friday to refinance its CLO named TCW 2019-2

NYL and TCW each refinance legacy CLOs
New York Life Investment Management and TCW Group each refinanced a CLO on Thursday, with the two deals together worth almost $700 million

Credit Fundraising: Private credit and CLO captive equity feature strongly as closes mount up
Credit funds have made a fair start to the fourth quarter, although the $21 billion raised during October is down substantially on September’s impressive record for 2021

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

TCW launches 'first' ESG-labelled structured credit fund in the US
TCW has launched what it claims to be the first dedicated structured credit fund with an ESG-label in the US

GoldenTree, Steele Creek and TCW hit primary CLO market to rework legacy deals
GoldenTree Loan Management, Steele Creek Investment Management and TCW Group all took to the CLO primary market on Friday to rework legacy CLO transactions

August breaks historic trend with busiest month for CLOs
The US CLO market defied conventional wisdom in August by notching up its busiest month of new issuance ever

TCW resets twice-AMR refinanced 2019 CLO
TCW Asset Management has reset a 2019 CLO that it had previously refinanced twice via applicable margin reset auctions

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

TCW prints second CLO since forming Jefferies and Kennedy Lewis partnership
TCW Group has brought its second CLO via Jefferies since forming a partnership with the bank and Kennedy Lewis late last year

TCW resets 2020 CLO for a second time
TCW Group completed a historic transaction on Monday by resetting a post-covid CLO for a second time, according to market sources

TCW scores tight with first CLO since Jefferies and Kennedy Lewis partnership
TCW Group has priced its first CLO since forming a strategic investment agreement with Jefferies and Kennedy Lewis

TCW CLO tranches digitally refinanced for second time
TCW CLO 2019-1 AMR was digitally refinanced for the second time today following the third successfully cleared applicable margin reset auction

Credit Rendezvous: heading for homes
Fund managers in structured credit, real assets and distressed are bullish on the prospects for residential housing in 2021. Elsewhere, niche royalty-based strategies are in favour and although a CLO repricing wave is expected, it may not be easy to execute resets. For more, read our 13-page quarterly report on credit. 

Global CLO b-wic round-up: Junior tranches rally amid heavy supply, including portfolio liquidation
The US CLO secondary market rally is showing no signs of slowing down after a week of over $1 billion worth of bonds was listed and well absorbed, according to market sources. The European market also had a roust week with over €300 million of paper up for grabs, although the market stayed generally flat with some tightening in double and single Bs

TCW enters CLO equity partnership with Jefferies and Kennedy Lewis
TCW Group has entered a strategic investment agreement with Jefferies and Kennedy Lewis to support future CLO issuance

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

US CLO league tables: refis return as Apollo and Citi maintain leads
US CLO monthly issuance rose above $8 billion in July for the first time since the coronavirus pandemic wreaked havoc across the globe

Single A CLO investors fight volatility as market widens
Two single A-rated CLO tranches appear on a b-wic due at 1pm New York time Tuesday, after investors in the volatile rating band faced another week of widening spreads

Natixis adds to CLO refi resurgence as it cuts funding costs for TCW
Natixis has priced the second CLO refinancing amid the coronavirus pandemic, bucking the trend by helping managers lower their funding costs despite the wider spread environment