Creditflux

Euro CLO league tables: before the holidays is the best time to price a deal
Over €5 billion of new issue CLOs was priced last month, the first time the market ever crossed that monthly threshold

Global CLO round-up: it's time to rethink benchmarks
The CLO market broke out of holiday mode last week by presenting strong issuance on both sides of the Atlantic - $2.8 billion in the US and €1.6 billion in Europe. High volumes have brought with them bigger shifts in market dynamics. This week put the focus on tightening spreads, as benchmark triple A levels dipped.

European CLO spreads show signs of tightening as BNP Paribas AM prices new issue
BNP Paribas Asset Management returned to the CLO primary market yesterday, issuing its first new deal of the year, named BNPP AM Euro CLO 2019

BNP Paribas AM targets Europe's tightest CLO print since April
BNP Paribas Asset Management is targeting a 111 basis point triple A spread on its forthcoming CLO, according to market sources

BNP Paribas AM hires Robeco investment specialist for quant strategies
BNP Paribas Asset Management has appointed Grégory Taïeb for the newly-created role of investment specialist within the firm’s multi-asset, quantitative and solutions investment group, which includes investments in credit.  

BNP Paribas Wealth appoints head of private equity and private debt investments
The appointment supports what the firm sees as "a significant pick up in clients’ appetite" for the asset classes

BNP Paribas Asset Management hires multi-strategy products head
BNP Paribas Asset Management has created a new position within its fixed income division

BNP Paribas' fund of fund platform holds first close on European mid-market strategy
BNP Paribas Asset Management's fund of fund business is targeting €250 million for a strategy which will allocate to "top tier" European mid market debt managers 

Neuberger Berman picks up fixed income investing team from BNP Paribas AM
Neuberger Berman has bolstered its European fixed income team with the appointment of six professionals from BNP Paribas AM

European CLO round-up: sun shines on Anchorage's quasi-CBO
The European CLO market is at its best when the sun is shining and the sky is blue, judging by the last couple of weeks

BNP Paribas AM prices its first new issue CLO since September 2017
A European CLO manager priced its first new issue CLO of the year yesterday

BNP Paribas AM launches UK SME direct lending fund
The new direct lending fund aims to disrupt a segment of the market that is underserved by asset managers and banks  

BNP Paribas AM enters into SME loan origination partnership with Code
BNP Paribas Asset Management has formed a strategic origination partnership with CODE Investing as part of its new SME Alternative Financing platform

BNPP AM produces its own Novo loan fund to target French mid market firms
BNP Paribas Asset Management has launched a new business loan fund, BNP Paribas Novo 2018, backed by the French Insurance Federation and French public sector investment fund.  

Manager hires Citi to reset previously refinanced European CLO
A European CLO manager has started marketing its first CLO transaction of the year, according to market sources

BNP Paribas AM rebrands structured credit funds
BNP Paribas Asset Management has renamed funds in its ABS Ucits range as part of a move to expand its private debt platform

BNPP AM establishes two new private debt strategies
BNP Paribas Asset Management establishes two new private debt strategies: European Infra Debt and European Real Estate Debt

BNP Paribas hires head of structured finance to asset management unit
BNP Paribas Asset Management this morning announced that Michel Fryszman has joined as head of structured finance

Singapore-based asset manager appoints new CIO for multi-asset platform
Eastspring Investments, a subsiduary of insurer Prudential, has appointed a former BNP Paribas Investment Partners executive to a similar role

BNP Paribas AM launches emerging markets fixed income fund
BNP Paribas Asset Management has announced the launch of an emerging markets fixed income mutual fund – and says it plans to launch further mutual funds in the coming months

BNP Paribas launches corporate loan fund and appoints two analysts
The new vehicle, BNP Paribas Flexi III European Senior Corporate Loans, invests in senior secured corporate loans issued by primarily European borrowers

BNP Paribas acquires stake in SME credit specialist Caple
BNP Paribas Asset Management has acquired a 10% stake in Caple, which facilitates lending to small and mid-sized enterprises through a fintech platform

BNP Paribas prices €362 million CLO for affiliate manager, reports Debtwire
BNP Paribas Asset Management has priced its new €361.65 million European CLO BNPP AM Euro CLO 2017, according to Creditflux's sister publication Debtwire

BNP Paribas AM plans euro CLO return with US-friendly deal
BNP Paribas Asset Management has hit the market with what will be its first European CLO since 2015, according to well placed sources

BNP Paribas Asset Management hires SME lending head
BNP Paribas Asset Management has announced that it has hired Ardian’s former head of US private debt as part of a new private debt and real assets investment group