Expect annual CLO issuance of $50 to 60 billion post-2016, conference hears
CLO risk-retention will be a doddle for those CLO managers that have built a strong track record, according to panellists at the ABS East conference in Miami

Nexpoint makes hostile takeover bid for BDCA
Highland Capital Management affiliate NexPoint Advisors has made a bid to take over management of Business Development Corporation of America

Qatari royal family agrees to support $333 million acquisition of CIFC
The royal family of Qatar is supporting FAB Partners' acquisition of New York-based CLO manager CIFC Asset Management in a $333 million deal

GSAM buys stake in new CLO manager's private equity parent
Goldman Sachs Asset Management has acquired a minority stake in asset manager Littlejohn, a private equity firm which has moved into the CLO space in the last 18 months

CVC Credit buys US direct lender Northport
CVC Credit Partners has acquired US direct lender Northport Capital from Resource Capital, according to an announcement today

Neuberger Berman's Dyal unit buys minority stake in HIG
HIG Capital has announced that it has sold a minority stake in its business to Dyal Capital, a unit of Neuberger Berman which acquires stakes in alternative asset managers

Tullett Prebon grabs Creditex’s voice brokerage business
US brokerage agrees to acquire exchanges brokerage business for credit 

AMG buys stake in credit hedge fund manager Capula
Goldman Sachs Asset Management has sold minority equity investments it held in five asset managers through its Petershill I strategy to Affiliated Managers Group

CNO buys minority stake in credit manager Tennenbaum
Insurance firm CNO Financial Group will invest $250 million in Tennenbaum's funds as part of a new partnership between the firms

Angel Oak acquires Rainier's high yield fund and portfolio managers
Angel Oak Capital has acquired Rainier Investment Management’s high yield fund and taken on its two portfolio managers, according to an announcement.

Cowen agrees deal to take on brokerage CRT's credit business
Boutique investment bank Cowen Group has acquired the credit platform of rival firm CRT Capital.

Hildene exits CLO management after selling contracts to Fortress
Hildene Capital Management has sold the managerial contracts for its four US CLOs to Fortress Investment Group, according to a press release

Allianz buys London-based fixed income manager Rogge
Allianz Global Investors has announced the acquisition of €34 billion fixed income asset manager Rogge Global Partners

Insurance specialist Conning agrees deal to buy Octagon
Insurance specialist Conning has agreed to acquire Octagon Credit Investors, according to an announcement by the firms

Pension fund takes the chequered flag to buy GE's $12 billion lending unit
Canada Pension Plan Investment Board has announced the acquisition of GE's lending unit Antares Capital for $12 billion.

Stifel to buy Barclays' US wealth management business
Stifel Financial has announced the acquisition of Barclays' wealth management business in the US