MidOcean prices second US CLO of 2023
New York-based MidOcean Partners priced its 13th CLO on Thursday, arranged by Morgan Stanley with NatWest acting as co-placement agent

CLO manager raises new captive equity fund
The New York-based alternative asset manager raised a new CLO equity fund with a first close of USD 136m

CLO industry consortium to tackle Miami Triathlon in aid of cancer charity
A group of CLO industry specialists led by MidOcean Credit Partners' managing director Jamil Nathoo will participate in the Miami Triathlon next month to raise money for charity

MidOcean syndicates triple As to 15 investors in latest CLO
MidOcean Credit Partners priced a new CLO via Deutsche Bank on Wednesday, with sources close to the transaction saying the deal's triple A notes were syndicated to 15 investors

Stunning January rally means CLOs are back in business
Longtime observers of the CLO market tell Creditflux they have “never seen the market move so quickly” after a rip-roaring January saw a spectacular rally in both loans and CLO debt.

Mini loan recovery helps primary pipeline re-emerge
Better than expected inflation numbers at the start of November lifted loan prices to an extent that the primary market for leveraged loans opened up, allowing for a number of regular new issue deals to clear the market

Deutsche Bank evolves CLO investment strategy
Deutsche Bank has developed its US CLO investment strategy in recent months, with sources noting the bank has scored co-placement agent roles in two deals

The Last Tranche with MidOcean's Rotondo: retail bid is the wildcard in leveraged loan market
In this episode of the Last Tranche, Joe Rotondo, senior portfolio manager on the credit investments team at MidOcean Partners, looks back on a turbulent year for the leveraged loan asset class

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

MidOcean returns with first CLO under new leadership team
MidOcean Credit on Friday priced its first US CLO since bringing in new leadership, marking the firm's return to primary issuance for the first time in almost three years

US CLO pipeline: MidOcean and Seix look to end three-year drought as others rock and reload
14 US CLO managers are in various stages of marketing their latest offerings, with a wide scope of names for investors to choose from

Credit funds at a glance (June 2022)
A round up of fundraising and people moves in credit  

CLOs aim to pick up pieces as fear drives dip in loans
Leveraged loan investors grew skittish in June, with prices slipping as the likelihood of a US recession increased, according to market sources.

MidOcean seeks "off-the-run" loans and bonds for third tactical credit fund
MidOcean Partners is seeking to raise capital for its third tactical credit fund, MidOcean Tactical Credit Fund III

Credit funds at a glance (April 2022)
A round up of fundraising and people moves in credit  

US CLO portfolio manager to join Onex
Onex Credit Partners has moved quickly to fill the void left by the departure of its head of US CLOs

US manager hires Invesco CLO PM as it rebuilds
An experienced US CLO portfolio manager is set to join a credit firm that has in the last few months focused on rebuilding its CLO franchise 

MidOcean announces promotions in credit business
Two portfolio managers are among those to earn promotion at MidOcean Partners 

Credit Rendezvous: the upside of inflation
It is clear, inflation is not transitory and central banks are acting with several interest rate hikes likely in store for the US this year. That makes loans and CLO debt tranches attractive, but there could be opportunities beyond these floating rate assets

CLO portfolio manager leaves MidOcean
An important figure in MidOCean's CLO business has left the firm. MidOcean has big hiring plans, but is in a CLO issuance drought having not priced a new deal since November 2019

Former Goldman CLO syndication head joins MidOcean in business development role
MidOcean Partners has hired a former CLO and ABS syndication head at Goldman Sachs as managing director 

Bennett Goodman's Hunter Point buys stake in MidOcean
Hunter Point, which was launched by Blackstone Credit’s co-founder Bennett Goodman alongside Avi Kalichstein in 2020, has made its first investment and bought a minority stake in mid-market specialist MidOcean

CLO refi and reset volumes surge with $2.3 billion priced on Friday
CLO refi and reset volumes surged on Friday with $2.3 billion priced across the US market, according to market sources. Brigade Capital Management, MidOcean Credit Partners and New Mountain Capital reset regular-way CLOs, Blackstone Credit scored a regular CLO refi, Sculptor Capital Management refinanced a bond-heavy CLO, and Ivy Hill Asset Management reset a middle market CLO

Senior research analyst joins Onex from another US CLO issuer
Onex Credit Partners has hired senior research analyst with 11 years' industry experience 

Five refis add $1.43 billion to CLO market
The CLO primary market has absorbed another $1.43 billion of refinancing paper as five managers printed cost-cutting transactions