Beach Point ramps up fundraise for captive CLO equity fund
Santa Monica, California-based Beach Point Capital Management is looking to raise a captive equity fund to support its CLO issuance

Sandstone splits non-calls in partial refi of debut CLO
Sandstone has priced a refinancing of its debut CLO that splits the non-call period via JPMorgan

Beach Point brings in tight price for third US CLO
Beach Point Capital Management returned to the CLO market on Wednesday with its third transaction since its debut in late 2021

Beach Point makes primary market return with second JP Morgan-arranged CLO
Beach Point Capital Management priced its second CLO named Sandstone Peak CLO II on Friday

LP round up: 28 credit managers win $6.6 billion as San Diego carves private credit allocation
Pensions allocated over $6.6 billion to credit managers in June including Angelo Gordon, Antares, Apollo, Ares, Beach Point, BioPharma, Brookfield, CarVal, Cerberus...

Beach Point launches $1.5 billion US direct lending joint venture with KeyBank
KeyBank Beach Point Direct Lending Program will combine sourcing, underwriting and structuring capabilities for middle market borrowers

Capital structure revealed for Beach Point debut CLO
The world welcomed a new CLO manager on Friday as Beach Point Capital Management issued its inaugural deal via JP Morgan

US CLO pipeline: newcomers look to follow Beach Point's lead by pricing before year-end
Beach Point Capital Management became the latest debut issuer in the US CLO market on Friday, and Sycamore Tree Capital Partners and Putnam Investments are set to join it    

US CLO pipeline: 33 new issues enter market with historic CLO records on the verge of shattering
The US CLO market is running as hot as it has all year with a whopping 33 managers marketing new issues CLOs, according to market sources

Credit manager to break into US CLO management via JP Morgan
The US CLO manager base is set to expand further this quarter with a $16.8 billion multi-credit manager becoming the latest shop to break into the asset class

LP round up: horseshoe does the trick for Pimco and other distressed managers
Institutional investors poured $2.7 billion into credit this week through 14 managers, according to board documentation seen by Creditflux

University of Kentucky awards $40 million to two fixed income managers
University of Kentucky awarded $40 million to two fixed income managers at its 6 April board meeting

New Mexico pension allocates $235 million to credit
New Mexico Educational Retirement Board has allocated $235 million to three credit managers, a spokesperson for the pension has confirmed

US pension backs two private debt managers, but retreats from syndicated loans
San Antonio Fire & Police Pension Fund ended 2019 bullish on private debt but shying away from syndicated loans

US pension fund earmarks $1.3 billion for credit
Teachers’ Retirement System of the State of Illinois (TRS) is set to commit $1.3 billion to credit funds, as part of its global income portfolio.  

Utah fund set to invest $45 million across Beach Point and Crestline funds
The Utah School & Institutional Trust Fund Office is set to make commitments to credit funds managed by Beach Point Capital Management and Crestline Investors

Beach Point reels in $193 million for securitised credit fund
Los Angeles-based Beach Point Capital Management has raised over $193 million from 49 investors for a securitised credit fund

Texas pension fund re-ups commitment to opportunistic credit fund
Texas County & District Retirement System has further allocated $50 million to Beach Point Capital Management, according to documents seen by Creditflux

Credit manager wins $200 million mandate from Texas pension fund
A west coast asset manager will be responsible for a separate account which will invest opportunistically across the credit market

Dallas-based manager puts its weight behind distressed debt with hire
Distressed and special situations credit specialist leaves Beach Point for Dallas-based manager 

Marathon earns $300 million as pension fund makes big allocation to credit
Marathon Asset Management has earned a big win after a US pension fund signed up to three of its credit funds

West coast manager launches its latest credit fund
Los Angeles-based Beach Point Capital Management has launched a new fund, which appears to be targeting structured credit

West coast pension fund hires Beach Point for opportunistic credit
Beach Point Capital Management has been awarded a $32 million mandate to invest in opportunistic credit

Large US pension fund allocates to new mid-market credit vehicle
Virginia Retirement System has made a $50 million allocation to middle-market credit