Refine Search
Article Categories
Strategy Tags
- Direct lending (17)
- Emerging markets (3)
- High yield bonds (12)
- Investment grade credit (3)
- Structured credit (10)
- CLO (105)
- Distressed debt (14)
- Leveraged loans (40)
- Real assets (2)
Geography Tags
-
Credit funds at a glance (May 2021)
2 years ago
A round up of fundraising and people moves in credit -
Eagle Point hires official to focus on CLO debt investments
2 years ago
Eagle Point Credit Management has added to its CLO team by hiring a former MKP official -
"CLO managers who struck the right balance in 2020 are more easily able to reset their deals"
2 years ago
CLO managers were re-evaluated during the pandemic, and outperformers can expect to see benefits this year -
LP round-up: $2.6 billion flows into 26 credit managers
2 years ago
A stuck ship in the Suez Canal may have prevented others from getting through one of the world's busiest waterways in March, but allocations to credit funds were much more free flowing as investors poured over $2.6 billion into the hands of credit managers -
Eagle Point diversifies from CLOs as it wins $180 million for BDC lending strategy
2 years ago
A US public pension has earmarked $60 million for Eagle Point's fund and a further $120 million for a separate managed account -
CLO naysayers have made arb and cov-lite into dirty words — that should now change
3 years ago
Recent performance has shown that cov-lite loans and challenging arb don’t spell doom for CLOs -
Eagle Point hires business development director from CQS
3 years ago
Eagle Point Credit Management has hired a director of business developement -
The tide has turned… the solution for investors is to move into floating rate loans
3 years ago
2020 was the year of fixed-rate bonds, but treasury curves are steepening and demand for loans is heating up -
Eagle Point makes large investment in rival's CLO fund
3 years ago
Eagle Point Credit Management has made a large investment in the preferred stock in a competitor's publicly traded CLO fund -
2020 wrap: CLO funds bloom despite rocky ground
3 years ago
2020 was a busy year for CLO fundraising, with Creditflux recording at least 30 funds that launched over the 12 months to invest across the CLO capital structure -
Perhaps 2021 will be the first year of the next expansion
3 years ago
For 2021, our columnist is focused on Libor transitions, CLO flexibility and loan managers fighting among themselves -
Eagle Point bulks up on CLO equity
3 years ago
Eagle Point Credit Company deployed $35.1 million of its capital into CLO equity investments in the third quarter, buying $8.4 million in the secondary market and the remainder in primary, while selling just $4.8 million -
The cost — a few basis points — is modest compared to the potency of bond buckets
3 years ago
If CLOs had bond buckets when Delta Air Lines issued debt, a manager could have bought the bond then rotated into the loan -
CLO collateral managers who are able to update their documents could gain warf advantage
3 years ago
Moody’s is reviewing its approach to warf. Changes could boost managers’ ability to trade -
Faith in structures has been rewarded
3 years ago
CLOs have been resilient against covid-19 fallout, said speakers at Creditflux’s CLO Symposium last month. But there’s always room to improve and 3.0 deals may add ESG and bullet tranches -
The length of a CLO’s reinvestment period has no substantive effect on its resilience to defaults
3 years ago
Three-year reinvestment CLOs are the norm, but debt investors should be locking in historically wide spreads for longer -
Eagle Point targets $100 million with CLO fund launch
3 years ago
Eagle Point is set to launch another CLO-focused fund this summer, with the Greenwich-based manager on the fundraising trail for EP CLO Opportunities Fund II -
Managers weigh up matters of principal
3 years ago
CLO managers that were able to avoid OC traps made double-digit equity distributions in Q2, despite the headwinds. But these firms tended not to be among those that built the most par -
Around 20% of the US CLO market has traded this year — not bad for an asset class that is seen as illiquid
3 years ago
CLOs can trade cheaply and directly, which helps keep volumes steady even in a crisis -
It takes just a few CLO collateral managers selling into the distressed community to start cracks forming
3 years ago
It is becoming increasingly clear that CLO collateral managers need to improve their collaboration efforts in distressed situations -
Light at end of tunnel as S&P puts two loan issuers on creditwatch positive
3 years ago
Panellists at IMN's CLO and leveraged loan webinar were optimistic about the future of their markets as S&P makes first positive rating action on leveraged loan issuers since the pandemic outbreak -
LP round-up: mighty Oaks win $1 billion apiece from Calpers
3 years ago
Credit investors allocated over $3 billion to 18 credit managers this week across a wide range of strategies -
Eagle Point wins $100 million from US pension and launches 'defensive' CLO fund
3 years ago
Eagle Point Capital Management has won a $100 million mandate for its CLO strategy and has separately launched a new fund - Eagle Point Defensive Income Fund -
LP round up: Pimco gets the Disco started as distressed managers win allocations
3 years ago
Insitutional investors allocated just over $1 billion to credit funds last week, according to board documents seen by Creditflux, with special situation funds from Farallon, Pimco and SSG taking the bulk of these commitments -
Some managers calculated their CLOs were passing OC tests, only to find them failing the next day
3 years ago
Corporate credit downgrade storms have been weathered before, but this one has come out of season
Want all the latest news, comment, analysis and data?