Aristotle Pacific resets Trestles CLO for second time
Aristotle Pacific Capital has reset Trestles CLO 2017-1. It’s the second reset of the US BSL CLO. 

SFERS commits another USD 75m to private credit
The San Francisco City & County Employees' Retirement System's latest commitment to private credit comes in the form of a USD 75m allocation

Indian manager raises nearly INR 25.75bn for credit opportunities fund
A Mumbai-based manager held a final close on its new special sits fund with INR 25.75bn raised

Crowell & Moring hires funds formation lawyer in New York
Christopher Mendez will serve as senior counsel in the firm's financial services group.

Florida-based credit specialist raises USD 130m for opportunistic credit fund
A new opportunistic credit and asset-based finance fund will back companies in the media, tech, telecommunications, intellectual property and specialty finance sectors

Briarcliffe hires Morgan Stanley alumni
A new executive director has been hired at Briarcliffe Credit Partners, a placement agency that works exclusively with private credit

Australian money manager plans to launch AUD 1bn IG fund
An Australian alternative asset manager is planning to launch a new AUD 1bn investment grade debt fund, drawing on the country's pension system as a major source of fundraising

Elmwood resets 2019 vintage CLO again
Elmwood Asset Management has reset Elmwood CLO III for the second time since its 2019 debut

Barcelona mood restrained despite red-hot pace of CLO deals
For a market on pace for a historically large new issuance year, CLO participants at the AFME & Invisso Global ABS conference in Barcelona were less than euphoric

New and old Japanese buyers look to booming CLO market
Japanese investors are ramping up investing in the USD 1.3tr CLO market with new investors looking to enter the space as well as traditional buyers increasing allocations

Iowa-based manager launches new direct lending interval fund
A new direct lending interval fund has been launched with a strategy that focuses on lending to lower and core middle market companies

BlackRock hires from Jefferies to lead private credit push in Southeast Asia
BlackRock continues to build out its private credit teams outside of North America with the addition of a new senior-level hire in Asia

BlackRock hires Goldman Sachs alumni for senior private debt role
BlackRock has hired a former Goldman Sachs veteran as co-head of private debt origination in France and head of origination in Spain

European CLO market gearing for record new issuance, conference hears
Along the length and breadth of the corridors of the AFME & Invisso Global ABS conference in Barcelona, the discussion is about the remarkable strength of the European CLO market

Funds round up: May 2024
The demand for SRT strategies and special situations funds are on the uptick, as is the demand for managers and funds outside of North America. 

Pennsylvania retirement system allocates to European private credit
The Pennsylvania Public School Employees' Retirement System recently revealed a fresh commitment for hundreds of millions of dollars to European private credit. 

CIFC resets 2021 vintage CLO
CIFC Asset Management on Friday reset one of its US BSL CLOs that priced at the start of 2021

WAMCO prints its first new US CLO of 2024
Western Asset Management Co (WAMCO), working with Morgan Stanley as arranger, has priced its first new US BSL this year.

Reset craze continues with hefty 2018 vintage deal from UBS
UBS, formerly known as CSAM, has reset its Madison Park Funding XXXI CLO, a 2018 US BSL vintage deal

Sagard targets North American middle market opportunities with new senior lending fund - partner
Sagard, a Power Corporation of Canada alternative asset investment platform, will provide first-lien financing to lower middle market and middle market US and Canadian companies

2019 vintage US CLO is refinanced for the second time
MJX Asset Management priced a second refinancing of a 2019 vintage CLO on Wednesday, following an initial refi that took place in 2021

GSAM raises USD 21bn for large-cap private credit
Goldman Sachs Alternatives announced on Wednesday that it had raised more than USD 20bn for large-cap private credit investments

Sycamore Tree hires Mizzen Capital’s Head of Business Development
Sycamore Tree has expanded its business development team with the addition of an ex-Mizzen Capital industry veteran

Gravis Capital prepares to launch inaugural private credit fund
Gravis Capital is preparing to launch its first private credit fund with a EUR 500m-equivalent target size

European CLO round-up: senior spreads grind tighter in busy week for the market
Last week proved a busy one for European issuance, with no fewer than five deals pricing, all with AAAs below 150bps