Crescent amasses $8 billion investable capital for eighth credit solutions fund
The fund had an original $4 billion target, according to Debtwire Funds Data

Crescent eyes non-traded BDC for private credit offering
Crescent Capital is looking to expand its middle market direct lending product suite, with the firm registering a non-exchange traded business development company with US regulators

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

Crescent prints first reinvesting CLO since November
Crescent Capital Group has priced its first reinvesting CLO of 2022

Sun Life buys 51% stake in US retail distribution specialist
The firm will have exclusive rights to market and promote SLC's alternative products to the US retail market. SLC Management includes Crescent Capital Group,  BentallGreenOak and InfraRed Capital Partners

US CLO pipeline: Dispersion comes to fore, while Capital Four goes static
The CLO market is heating up once again after the summer lull and pricing has tightened, with at least three US CLO managers looking to match or even best Palmer Square Capital Management’s triple A print of 200 basis points

Atlas feels weight of static CLOs as triple As reach 260bp
The US CLO term curve inversion is becoming more exaggerated after Crescent Capital priced a static CLO with the coupon on the senior notes set 47 basis points (or 22.1%) wide of five-year CLOs

US CLO pipeline: like a (Center)bridge over troubled water
A large asset manager is marketing its first US CLO at a time of volatility in the underlying loan market. Whereas other funds build walls, CLOs build bridges 

LP round up: Fidelity wins big, Pacific retains loan mandate, pensions eye distressed
The month also included one CLO fund commitment, one high yield manager search, one finalised US loans mandate and one $400 million multi-sector fixed income managed account mandate

Crescent raises $6 billion for US direct lending strategy
Crescent Capital Group has closed its third US direct lending fund, Crescent Direct Lending Fund III, with $6 billion of investable capital 

Jefferies brings two CLOs to market and takes US CLO arranging total past $20 billion
Jefferies has brought two CLOs to market to take its arranging total past $20 billion

Crescent taps CLO new issue market for first time in eight months
Crescent Capital has returned to CLO new issues for the first time since January

Former Crescent CLO head joins Jefferies board
Jefferies Financial Group has appointed former Crescent Capital CLO head Melissa Weiler and Matrice Ellis Kirk to its board of directors

LP round up: big name managers win direct lending mandates amid $1.5 billion allocations
Apollo, Ares, Barings and CVC were among the beneficiaries of the direct lending rush in May 

Crescent and CSAM price $1 billion of CLO refis
Crescent Capital and Credit Suisse Asset Management brought two CLO refinancing transactions on Friday, boosting supply by $979.5 million

Original AMR CLO from 2017 undergoes digital refi
Crescent Capital Group has refinanced two tranches of a CLO via the applicable margin reset process

Credit fundraising: ESG centre stage as capital pours into new strategies
Sustainability was the watchword for fundraising in February, amid a flurry of fund launches as well as first closes for impact funds and sustainable bond funds

US CLO league tables: deja vu as static CLO gets primary market moving
It's deja vu all over again with a static CLO opening the primary market for the third consecutive year

Points up front: A mover and Shaker
Veteran CLO portfolio manager Matthew Miller has stepped away from the industry after two decades to indulge in his passion for antiques crafted by the Shaker community

Crescent bolsters Nordic direct lending presence with hire
Crescent Capital has appointed a former Nykredit official as a director in the firm’s European direct lending focused on Nordic transactions

Crescent returns with first new CLO in over a year
Crescent Capital has priced its first new issue CLO since October 2019

CLO pipeline: OFS to make comeback as 2020 absentees eye new issues
As liability spreads tighten day by day, the CLO pipeline is filling fast. 2020 absentees are joining the parade as four US managers and three European managers aim to return to the new issue market after taking a break of 12 months or longer

CLO pipeline: 2020 absentees join new issue rush
The CLO pipeline is growing by the minute as managers prepare their first new issues of the year after varying lengths out of the market

US CLO PM leaves asset manager after 20 years
A managing director and CLO portfolio manager has departed the firm following a 20-year tenure

LP round up: EIF backs four debt funds while Carlyle wins $1 billion
Institutional investors have allocated just over $4 billion to 27 credit managers in October board meetings