Bank of America prices three CLOs in a day
The bank managed to make the triple with a new CLO for Octagon, a reset of a 2022 vintage deal for Voya, and a highly unusual partial refi of a static CLO for Marathon

Academy Securities scores first CLO issuance credit on new deal for Marathon
Academy Securities was named as a co-initial purchaser on a new $400.6 million CLO managed by Marathon Asset Management, the first time the New York bank has been named on a primary CLO transaction

ABL lending fund completes final close with $1.7 billion in commitments
Asset-based lending fund accepts $1.7 billion in capital commitments from a global set of institutional and retail investors. 

Marathon promotes structured credit official to partner
Marathon Asset Management has promoted Ed Cong to partner

Marathon prints second CLO under Bryant Park branding
Marathon Asset Management priced a new CLO on Tuesday, the second from the firm as part of its new 'Bryant Park' platform of CLOs

Marathon hires consultant relations co-head from AB
Marathon Asset Management has hired Scott Boyle as managing director and co-head of consultant relations in New York

Marathon appoints senior official to lead direct lending business
Marathon Asset Management is making a push into direct lending 

Marathon completes first new CLO under rebranded franchise
Marathon Asset Management priced the first CLO after a rebranding designed to reflect a change in portfolio management team at the firm

US CLO pipeline: Oak Hill aims for tightest triple As since July, as other CLO markets at 245bp
Nine US CLO managers are in various stages of marketing their latest CLOs, and while Oak Hill is seeking a benchmark-setting deal, there are other CLOs that are expected to price well wide of this

Marathon adopts new style and branding for first CLO under new management
Marathon Asset Management is set to adopt a new naming convention for the first CLO it issues under new leadership

Marathon confirms senior-level CLO hire in New York
Marathon Asset Management has confirmed the arrival of a CLO specialist as managing director and senior portfolio manager in its corporate credit group

Triple A CLOs discounted by 0.5 cents as spreads widen
Selling triple A CLOs in primary at a 0.5 cent discount has emerged as one way for managers to get new transactions over the line amid a tough outlook for issuers

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

Marathon gets in on static CLO trend
Marathon Asset Management became the fifth US CLO manager of the year to price a static deal

CLO pipeline: only way is up after tier one price talk hits new wides
There is a build up of nine deals in the US CLO pipeline as the market heads to a CLO conference in Las Vegas.

John Hancock and Marathon join forces on ABL fund with structured credit bucket
John Hancock Investment Management has teamed up with Marathon Asset Management for an asset-based lending fund, which can invest a portion of capital in liquid structured credit such as CLOs

Fund performance: Rocky May piles on the misery for credit hedge funds
Negative fund performance soared in May

Let's play the Great CLO B-wic Price Drop
When CLO liquidity is weak, sometimes you have to take matters into your own hands. That's what happened last week as part of a novel auction set up by a CLO investor

Sofr, so complicated
At Creditflux’s US CLO Summit debate centred on Libor and Sofr. Hot topics included tenors, Libor floors being out-of-the money and investors changing their views on spread adjustments

Market participants split over biggest risk to CLOs: Creditflux US CLO Summit
There are potential threats to the CLO market from all angles, but during a lively opening panel at Creditflux’s US CLO Summit on Tuesday – the first CLO conference to be held in New York since the pandemic – speakers responded to a poll showing 67% of audience members felt inflation/rising interest rates was the biggest hazard

Marathon changes pace with rival's head of US CLOs set to join
Marathon is bringing in a senior portfolio manager from another CLO issuer

Marathon promotes CLO specialist to managing director
Marathon Asset Management has a promoted CLO specialist to managing director, in a role which encompasses the management of all non-credit elements of the firm’s CLO business

Fund performance: Wasserstein's early 2021 performance drives it to the top
The final top 10 of 2021 featured a variety of funds as five different strategies were ranked among the best. US high yield was the most highly represented with two BlackRock funds and an Angel Oak in the top 10

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

Marathon sees value in Sofr CLO tranche over fixed-rate option
Marathon Asset Management stole a march on other CLO issuers by including a Sofr tranche as part of a new issue transaction on 10 November via Bank of America. Officials at the company say the Sofr tranche makes a compelling alternative to a fixed-rate tranche