Apollo reorganises its global credit platform
Sources say Apollo Global Management has reshaped its credit business by merging certain divisions and promoting several staffers in New York. Separately, sources say a high-ranking credit head has left the firm

Vintage deals revived as CLO equity investors buy, refi, reset and repeat
US CLOs are being reworked time and again as investors look to reset deals that have previously been refinanced

US CLO round-up: spreads tighten as investors get comfortable with cushions
2018 is off to a promising start with the US CLO market having produced $7.0 billion of issuance

US manager prices largest CLO reset transaction on record
The manager priced the $1.55 billion CLO reset yesterday via BNP Paribas

US league tables: CBAM tops US CLO rankings after meteoric rise
Just over a year ago, New York-based CBAM Partners commenced operations amid much fanfare. Fast forward 12 months and the asset manager has delivered on its promise, with Creditflux data showing that the firm was the largest CLO issuer of 2017

Euro league tables: Citi tops rankings in a year of growth for the CLO market
50 new issue CLOs, 39 active managers and four debutants: Creditflux analyses the revival of the European CLO market last year

Searchlight hires former head of opportunistic European credit at Apollo
Apollo Global Management's former head of European opportunistic credit Ralf Ackermann has been hired as partner at private investment firm Searchlight Capital Partners

Fast-moving manager becomes first to reset a CLO that closed in 2016
A European CLO manager has moved quickly to reset a CLO that priced in November 2015 and closed in early 2016

Apollo eyes triple A print in the 70s as it plans European CLO reset
Apollo is planning its second European CLO transaction of 2017

Apollo's credit chief Zelter takes on new role as co-president
Credit veteran James Zelter been elevated to co-president at Apollo Global Management

Apollo teams up with Palmira to launch €1 billion joint venture
A new joint venture from Palmira Capital Partners and the Apollo European Principal Finance Fund III seeks to invest more than €1 billion in pan-European modern logistics facilities

Apollo reworks 2012 CLO for third time in first of its kind deal
Apollo has become the first CLO manager to rework one of its deals for a third time, according to market sources. ALM V has now been refinanced, reset and refinanced all over again

Apollo launches two more structured credit funds
Apollo Capital Management has launched two new structured credit funds

Redding Ridge "debuts" in CLOs with triple As at 119bp
Redding Ridge Asset Management priced its first new issue CLO on Friday

Apollo affiliate works with BNP Paribas on new US CLO
The deal is expected to price next week and close in October according to market sources

Apollo's total return credit platform makes huge strides with $1.8 billion of inflows
Apollo's credit business increased by $10.3 billion in Q2 and total return credit is quickly becoming a key component of this credit platform

Apollo subsidiary prices its third mid-market CLO of the year
The manager priced the $353.33 million deal yesterday in a deal arranged by Wells Fargo

Apollo notches up 100% CLO refi/reset record
It’s not easy being a large CLO manager and staying on top of the refi-reset market, but Apollo has managed to do just that

Carlyle chooses refi over reset for 2015 CLO
Currently just eight managers have chosen a refi over a reset for 2015 CLOs, which do not benefit from the Crescent letter exemption for US risk retention rules

Spreads tumble as Apollo refis 2015 US CLO
Apollo Global Management has refinanced five debt tranches in its 2015 US CLO, according to market sources

Apollo subsidiary prices $1.2 billion mid-market CLO
While the field of middle-market CLO managers is relatively small, newcomers to this business have been able to successfully raise large amounts of capital with Midcap Financial Services Capital Management the latest to produe a $1 billion-plus CLO

Head of illiquid European credit set to leave Apollo
Sources say that a high-profile figure within Apollo's credit business is leaving the firm

Popular shortlists Apollo, Oaktree, BAML and Bain for rapid NPL sale
Spain’s Banco Popular is in talks with Apollo, Oaktree, Bank of America Merrill Lynch and Bain Capital about selling a portfolio of non-performing loans, according to Spanish newspaper Expansión

Triple-A spreads fall to 114bp as Apollo refinances 2014 US CLO
Another 2014 CLO has been refinanced with market sources indicating that Apollo Credit Management has conducted a refi of ALM XI

Apollo to liquidate last 1.0 CLO today with $67 million loan b-wic
Apollo Global Management is set to redeem its last outstanding 1.0 CLO via a loan b-wic later today, according to market sources