MidOcean Partners, a New York-based alternative asset manager specializing in middle-market private equity, alternative credit, and structured capital, announced the successful final close of MidOcean CLO Equity Fund I (the “Fund”) with $304 million...
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December 18, 2024, 06:23 AM
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Crescent Capital Group, an alternative credit investment firm, closed Atlas Senior Loan Fund XXIV (“Atlas 24”), a collateralized loan obligation (“CLO”) fund with a target par amount of $400 million. Atlas 24 will invest primarily in U.S. senior...
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December 17, 2024, 07:00 AM
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Octaura Holdings announced the launch of Market Lists, a new protocol powered by data and analytics that streamlines the collateralized loan obligation (CLO) liquidation process for more efficiency throughout the trading lifecycle. Market Lists...
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September 18, 2024, 07:34 AM
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UMB Bank, a subsidiary of UMB Financial Corporation, announced the expansion of its CLO Trustee and Loan Administration team with the hire of Henry Brigham, Willis Hwang and David Knecht. They join a seasoned team led by Senior Vice Presidents Alex...
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September 17, 2024, 08:05 AM
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Comvest Credit Partners announced the recent closing of its debut Collateralized Loan Obligation (CLO), Comvest 2024-1 CLO (“Comvest CLO”), at $500 million.“We are excited to leverage Comvest’s resources and capabilities to further expand our credit...
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September 11, 2024, 08:00 AM
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Chatham Asset Management, a private investment firm, has established a CLO management business, CTM Asset Management (“CTM”), and made a significant capital commitment to build the business and support its initial CLO issuance. CTM will be managed as...
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September 10, 2024, 07:54 AM
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Deerpath Capital Management, a $8B AUM private credit manager focused on lending to the U.S. lower-middle market, announced a reset and upsize of Deerpath CLO 2018-1, a $402.8 million collateralized loan obligation (CLO).The CLO was originally sized...
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August 28, 2024, 07:10 AM
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The TCW Group, a leading global asset management company, closed its second $400 million Collateralized Loan Obligation (CLO) fund this year, TCW CLO 2024-2, Ltd., which is secured primarily by broadly syndicated first-lien loans. This close adds to...
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August 26, 2024, 07:00 AM
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Maranon Capital announced the closing of Maranon Loan Funding 2024-1, Ltd., a $500 million collateralized loan obligation (“CLO”). This represents the twelfth CLO issued by Maranon totaling $5.2 billion in aggregate.Maranon Loan Funding 2024-1, Ltd....
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August 22, 2024, 07:34 AM
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Deerpath Capital Management closed Deerpath CLO 2024-1, a $452.61 million collateralized loan obligation (CLO). This marks Deerpath's first new issuance CLO in 2024. Including a CLO reset and upsize in July 2023 and CLO 2023-2, this transaction...
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April 23, 2024, 07:40 AM
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Churchill Asset Management, an investment specialist of Nuveen, closed a $400 million middle market collateralized loan obligation ("CLO"), Churchill MMSLF CLO III, on January 24, 2024.The CLO was structured in connection with Churchill’s...
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January 29, 2024, 07:55 AM
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Maranon Capital closed Maranon Loan Funding 2023-2, Ltd., a $400 million collateralized loan obligation (“CLO”). This represents the eleventh CLO issued by Maranon.Maranon Loan Funding 2023-2 will primarily invest in leveraged loans to middle market...
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December 27, 2023, 06:47 AM
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WSFS Financial Corporation announced its Global Capital Markets team’s expansion into the Collateralized Loan Obligations (CLO) market. To support this expansion, the Company is adding new team members with expertise in CLOs."We are excited to expand...
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September 28, 2023, 07:58 AM
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Crescent Capital Group, a leading alternative credit investment firm, announced the closing of Atlas Senior Loan Fund XXI (“Atlas 21”), a collateralized loan obligation (“CLO”) fund with a target par amount of $350 million. Atlas 21 will invest...
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July 25, 2023, 07:00 AM
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Nassau Financial Group announced the formation of Nassau Global Credit (“NGC”), which combines Angel Island Capital Management (“AIC”) and Nassau Corporate Credit (“NCC”). NGC will be a subsidiary of Nassau’s asset management segment, Nassau Asset...
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July 17, 2023, 08:01 AM
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CVC Credit, the $41 billion global credit management business of CVC, announced the final close of CVC CLO Equity III at its hard cap with $800 million of commitments. Across its period of deployment, this equity fund is intended to support over $10...
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July 05, 2023, 07:34 AM
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Sound Point Capital Management, a credit-oriented investment manager overseeing approximately $32 billion in total assets, entered into an agreement to acquire Assured Investment Management LLC and certain of its related asset management entities...
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April 05, 2023, 07:55 AM
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Deerpath Capital Management announced the closing of its Deerpath CLO 2023-1 ("the Fund"), a $504 million Collateralized Loan Obligation (CLO).Deerpath CLO 2023-1 represents the seventh CLO issued by Deerpath since 2018 and its largest CLO issuance...
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March 13, 2023, 07:46 AM
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Marathon Asset Management announced the closing of Bryant Park Funding 2023-19 Ltd., a $400 million new issue Collateralized Loan Obligation (“CLO”). This is the first new CLO executed by Marathon’s global Performing Credit platform in 2023, as well...
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March 09, 2023, 07:04 AM
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Monroe Capital was selected as the recipient of two separate Private Debt Investor (“PDI”) awards, including the 2022 Lower Mid-Market Lender of the Year and CLO Manager of the Year in the Americas. PDI is published by PEI, the only global B2B...
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March 02, 2023, 08:05 AM
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U.S. Bank has added portfolio optimization capabilities to its Pivot client platform, giving collateralized loan obligation (CLO) clients comprehensive insights for faster and more effective trading. Using a set of criteria selected by the client...
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March 01, 2023, 07:42 AM
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Brightwood Capital Advisors announced it has priced Brightwood Capital MM CLO 2020-1, Ltd. Reset, a $426 million collateralized loan obligation. This CLO represents the fourth CLO issued by the firm since 2019. The vehicle is backed by loans the firm...
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December 27, 2022, 07:09 AM
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Wilmington Trust added three new vice presidents to its rapidly growing CLO and Loan Administration Division – Michael Mooneyham, Ryan Murray & Madhura Swadi – highlighting the firm’s commitment to adding top talent to service a growing marketplace....
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May 23, 2022, 07:55 AM
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Deerpath Capital Management announced the closing of Deerpath CLO 2022-1, a $375 million collateralized loan obligation (CLO).Deerpath CLO 2022-1 represents the fifth CLO issued by Deerpath since 2018 and brings the firm's total CLO assets under...
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May 10, 2022, 07:45 AM
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Monroe Capital closed a $457 million term debt securitization known as Monroe Capital MML CLO XIII, LTD. The term financing was Monroe’s eighth new issue CLO completed since 2018 and is secured by a portfolio of middle market senior secured...
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March 22, 2022, 07:55 AM
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KKR Real Estate Finance Trust announced the closing of KREF 2022-FL3, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL3 CRE CLO”) on February 10, 2022. The FL3 CRE CLO finances two mortgage loans and 14 pari passu...
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February 22, 2022, 07:03 AM
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Blue Owl Capital has entered into a definitive purchase agreement to acquire Wellfleet Credit Partners LLC ("Wellfleet") from affiliates of Littlejohn & Co., LLC ("Littlejohn"). The transaction is expected to close in March 2022 and is subject to...
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February 17, 2022, 08:06 AM
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MidOcean Partners announced that Jamil Nathoo is joining the firm as a Managing Director of MidOcean Credit. In this role, he will be responsible for expanding MidOcean’s institutional relationships and CLO platform. Mr. Nathoo recently served as...
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January 21, 2022, 07:06 AM
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Monroe Capital announced the closing of a $505 million term debt securitization known as Monroe Capital MML CLO XII, LTD. The term financing was Monroe’s seventh CLO completed since March 2018 and is secured by a portfolio of middle market senior...
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September 28, 2021, 07:55 AM
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KKR Real Estate Finance Trust announced the closing of KREF 2021-FL2, a $1.3 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL2 CRE CLO”) on August 16, 2021. In conjunction with this transaction, the Company called KREF...
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August 19, 2021, 07:00 AM
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Wilmington Trust added three senior relationship managers within the CLO and Loan Administration Division – Henry Brigham, Willis Hwang and David Knecht. The team will be based in the company's Costa Mesa, California office and will report to the...
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August 17, 2021, 07:00 AM
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Amherst Pierpont Securities appointed Adam Schwartz to Managing Director and Head of the firm's Structured Credit Business. Schwartz, who joined the company on June 21, 2021, will continue to advance Amherst Pierpont's strategic initiatives in the...
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June 28, 2021, 08:02 AM
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Värde Partners, a leading global alternative investment firm, announced the closing of a commercial real estate collateralized loan obligation (CRE CLO). This is the firm’s fourth and largest CRE CLO, and eighth securitization of commercial real...
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May 27, 2021, 06:10 AM
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AllianceBernstein announced the closing of AB BSL CLO 2, a $400 million collateralized loan obligation (CLO) with JPMorgan Chase acting as lead arranger.This marks the second CLO for the firm's broadly syndicated loan and CLO management business...
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May 21, 2021, 07:22 AM
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Monroe Capital closed a $455 million term debt securitization known as Monroe Capital MML CLO XI, LTD. The term financing was Monroe’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans. Monroe...
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May 11, 2021, 08:09 AM
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Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of the reset of Antares CLO 2017-1, Ltd., originally a $2.1 billion CLO that was upsized to $2.3 billion as part of the transaction. The upsize brings the...
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March 19, 2021, 07:15 AM
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Mitsubishi UFJ Financial Group (MUFG) acted as a structuring lead on Starwood Property Trust Inc.'s first project finance collateralized loan obligation (CLO) – STWD 2021-SIF1.The deal also represents MUFG's first structuring lead mandate on a...
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March 02, 2021, 07:15 AM
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Carlson Capital, L.P., an alternative asset management firm, announced that it reached a strategic agreement with Jefferies Group LLC and structured credit investor Hildene Capital Management, LLC to support the new issuance of CLOs on Carlson’s...
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December 11, 2020, 08:15 AM
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The average net loss for portfolios of U.S. broadly syndicated loan (BSL) CLOs under Fitch's surveillance steadied in October at -1.4%, even while 2020 vintages reduced their average net gain, Fitch shows in its latest Monthly U.S. CLO Index. The...
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November 19, 2020, 07:30 AM
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Most U.S. broadly syndicated loan (BSL) collateralized loan obligations (CLOs) under Fitch Ratings' surveillance showed stable or improving portfolio metrics in August compared with July, as rating pressure on underlying loan issuers eased and LIBOR...
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September 14, 2020, 09:10 AM
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The continued deterioration in credit quality of issuers due to the coronavirus pandemic resulted in a large number of U.S. middle market (MM) CLOs failing a variety of tests for the first time in 2Q20, according to Fitch Ratings' latest U.S. MM CLO...
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August 04, 2020, 08:55 AM
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Leveraged loan issuance jumped in February despite continued pull back in the asset class from retail loan funds, ongoing negative press coverage and questions around further Fed rate hikes in 2019, according to the latest data from Thomson Reuters...
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March 11, 2019, 08:34 AM
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Monroe Capital LLC announced the closing of a $455.75 million term debt securitization known as Monroe Capital MML CLO VII, LTD. The term financing was Monroe’s third CLO completed in the last 13 months and is secured by a portfolio of middle market...
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November 20, 2018, 07:14 AM
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Leveraged lending was higher in May, taking year to date volume past the $500 billion mark, according to the latest data from Thomson Reuters. Volume was driven by a jump in institutional activity, which accounts for 69% of issuance this year....
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June 13, 2018, 08:01 AM
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Global alternative asset manager The Carlyle Group announced it has raised more than $800 million for the Carlyle Structured Credit Fund (CSC). The fund will invest in Collateralized Loan Obligations (CLOs) backed by U.S. and European senior secured...
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January 04, 2018, 07:20 AM
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U.S. syndicated loan issuance broke $2.5 trillion in 2017 for the first time, beating 2013’s $2.14 trillion record, Thomson Reuters LPC reports. The surge in new lending was driven by refinancing volume of $1.7 trillion. Refinancings made up 68% of U...
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January 03, 2018, 08:00 AM
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With three-quarters of all new loans considered "covenant-lite," lenders are now eyeing deals that include too many additional protections with suspicion, according to a report from Bloomberg. The report notes that lenders are favoring lenient terms...
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September 25, 2017, 07:42 AM
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Natixis Securities Americas LLC announced the closing of a $505 million broadly syndicated collateralized loan obligation (CLO) for Pacific Asset Management, a wholly-owned subsidiary of Pacific Life Insurance company. This marks Pacific Asset...
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August 01, 2017, 07:11 AM
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Business Development Companies (BDCs) that rely on Collateralized Loan Obligations (CLO) as a part of their funding strategies are asking the federal government to reconcile conflicting legal guidelines that they argue place unrealistic, competing...
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July 21, 2017, 08:18 AM
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Fifth Street Asset Management Inc. announced that it has agreed to sell Fifth Street CLO Management LLC, a wholly-owned subsidiary of Fifth Street Holdings L.P., to NewStar Financial, Inc. FSAM intends to use the proceeds from this transaction to...
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July 07, 2017, 07:38 AM
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Faced with an intensely competitive environment characterized by tightening spreads and demand for covenant-lite loans, private debt investors in the middle market have been confronting a deluge of institutional capital that is putting pressure on...
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June 09, 2017, 07:50 AM
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Antares Capital Advisers LLC, a subsidiary of Antares Capital LP announced the closing of Antares CLO 2017-1, LTD., a $2.1 billion collateralized loan obligation (CLO). The CLO represents the largest CLO issued in the U.S. since 2006, and the third...
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May 19, 2017, 07:50 AM
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