ICG cuts 82bps off AAAs with US reset
The transaction is the first US CLO reset this year from the manager

US pensions increasingly eye European private credit amid expanding allocations, diversification pressures
US public pensions have committed at least USD 4.4bn to European private credit strategies since July 2024  

New York, Texas among pension systems taking new private credit actions
New York State Common Retirement Fund commits over USD 700m to ICG strategies, while Texas, DC, Los Angeles pension funds also disclose recent private credit investments

ICG prints partial refi of 2020-vintage US BSL CLO
The repricing covered the three senior-most tranches of the deal, which was previously reset in 2021  

ICG prices US BSL CLO reissue
Intermediate Capital Group has priced a USD 354m CLO reissue, based on a 2014 CLO which came out of reinvestment in January 2023

ICG raises almost USD 2bn for North American direct lending
London-based ICG has closed on USD 1.9bn for its third North American direct lending fund, North American Credit Partners Fund III

New York pension system makes USD 500m commitment to credit secondaries
The New York State Common Retirement Fund has revealed its latest allocations in its March monthly transaction report, and private credit was one of the big winners

Connecticut Retirement Plans and Trust Funds commits more than USD 600m to credit manager
Connecticut Retirement Plans and Trust Funds has allocated approximately USD 625m to pension funds in the state's private credit portfolio

ICG continues to build out global credit platform with two new senior-level hires
Global alternative asset manager is growing its North American private debt business. 

Hayfin appoints new US CLO head
Hayfin Capital Management has announced it has recruited Peter Swanson to head its High-Yield and Syndicated Loans team in New York

ICG taps Apollo partner as head of US liquid credit
The new head of US liquid credit has been tasked with helping grow ICG's US credit business

ICG prints its first new US CLO in over 12 months
Intermediate Capital Group returned to the US primary CLO market on Friday with its first new issue transaction in over 12 months

CLO market turns international as new investors land
The global CLO market attracted new investors over the first quarter of 2023, according to market sources, while others have moved across the capital stack or into different regions than those to which they have been accustomed

ICG holds first close on US private credit fund
In total, ICG says it brought it $2.8 billion for its private credit strategies in the quarter

ICG hires former BlueMountain lev loan and HY senior analyst
Intermediate Capital Group has hired a senior analyst focusing on liquid credit

Nerves of steel needed for CLOs as Phoenix Services files for chapter 11
CLOs hold $341.54 million of steel service provider Phoenix Services Topco which filed for chapter 11 protection in the US Bankruptcy Court for the District of Delaware yesterday

Antares brings in manager's loan and high yield head for BSL CLO expansion
Antares Capital is set to build a broadly syndicated loan CLO business, having hired an experienced CLO PM from a US asset manager 

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...

CSAM does the CLO awards double
Winning the Creditflux Manager of the Year award is a feat in itself. Winning it back-to-back in such different markets is an outstanding achievement — and CSAM can take great pride in it

CLOs at a glance (June 2022)
A listing of CLOs that have priced in the last month
 
   

ICG breaks CLO market silence with first US deal of 2022
Intermediate Capital Group looks to have been the manager to restart new CLO issuance after this week's brief primary market pause, bringing its first US deal of the year

CLOs at a glance (May 2022)
A listing of CLOs that have priced in the last month
   

Credit funds at a glance (March 2022)
A round up of fundraising and people moves in credit

Pennsylvania pension reveals $500 million in commitments to three private credit funds
Pennsylvania Public School Employees' Retirement has revealed three private credit commitments as part of $1.1 billion in allocations to its alternatives bucket

ICG resets and upsizes late 2020 CLO via Barclays
Intermediate Capital Group has reset its late 2020 CLO named ICG US CLO 2020-1, upsizing the deal by $5 million