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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Deerpath Capital Management announced a reset and upsize of Deerpath CLO 2022-1, a $724.7 million collateralized loan obligation (CLO). This marks the largest CLO and largest upsize in the firm’s history.The CLO was originally sized at $373 million...
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December 13, 2024, 07:50 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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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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Houlihan Lokey anounced that Val Shapiro has joined the firm’s Financial Sponsors Group as a Managing Director to support and expand the team’s credit coverage efforts, focusing on alternative asset managers, hedge funds, credit funds, and...
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March 27, 2024, 09:09 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, hired Gunther Stein to become Head and Chief Investment Officer (CIO) of its U.S. Performing Credit and CLO platform. The move...
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May 22, 2023, 07:30 AM
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CVC Credit announced that it has priced Apidos XLV (45), a new issue Collateralized Loan Obligation (“CLO”) vehicle totalling $500 million (c.€450 million). Bank of America served as lead arranger. Apidos XLV is the fifth CLO priced by CVC Credit’s...
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April 27, 2023, 07:00 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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Panagram Structured Asset Management (“Panagram”), an Eldridge business and an SEC-registered investment adviser (“RIA”) specializing in structured credit, announced its launch. Panagram currently oversees approximately $13.5 billion in assets under...
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June 17, 2021, 08:12 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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DFG Investment Advisers announced that it has changed its name to Vibrant Capital Partners. The new name unifies the firm with its CLO business and several of its investment vehicles, which have operated under the Vibrant brand since 2012. In...
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January 11, 2021, 07:00 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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CVC Credit Partners announced that it has priced Apidos XXXIV, a Collateralized Loan Obligation (“CLO”) fund totalling $402.5 million. This is the second CLO fund CVC Credit has priced in the last month, following the pricing of Cordatus XVIII in...
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October 09, 2020, 08:00 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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Monroe Capital LLC announced the closing of a $406.27 million term debt securitization known as Monroe Capital MML CLO X, LTD. The term financing was Monroe’s fifth CLO completed since March 2018 and is secured by a portfolio of middle market senior...
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August 27, 2020, 09:00 AM
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Wellfleet Credit Partners (“Wellfleet”), the performing credit business of Littlejohn & Co., LLC, announced the closing of Wellfleet CLO 2020-2, a $396.0 million collateralized loan obligation (CLO). Following the issuance of Wellfleet CLO 2020-2...
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August 24, 2020, 08:00 AM
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LIBOR floors in US leveraged loan agreements can provide some cushion to US CLOs, which is supportive to credit when benchmark rates drop as seen during the current market turmoil linked to the coronavirus pandemic, Fitch Ratings says. Leveraged...
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April 03, 2020, 09:30 AM
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Owl Rock Capital Corporation announced the closing of Owl Rock CLO III, Ltd, a $395.31 million collateralized loan obligation transaction."We are pleased to close this transaction and further enhance our liquidity position with this long-term...
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March 30, 2020, 09:05 AM
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Orrick announced that Howard Goldwasser and Skanthan Vivekananda, leading authorities on collateralized loan obligations and other structured products, have joined the firm as partners in our Structured Finance Group. Howard and Skanthan join from...
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February 11, 2019, 08:00 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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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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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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Madison Capital Funding LLC, which focuses on corporate finance solutions for middle-market private equity firms, has closed on its sixth collateralized loan obligation at $325 million. The new CLO, named MCF CLO VI LLC, will have a 5.5-year...
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July 13, 2017, 07:06 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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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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Crestline Investors, Inc., an institutional alternative investment management firm, announced the closing of a $409.44 million collateralized loan obligation (CLO), known as Crestline Denali CLO XV, Ltd., by its Crestline Denali Capital unit.The CLO...
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May 11, 2017, 07:19 AM
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NXT Capital announced the closing of NXT Capital CLO 2017-1, a $406 million CLO. The financing is NXT’s fifth CLO and is secured almost exclusively by middle market senior secured loans originated by the company. The CLO has a four-year reinvestment...
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April 14, 2017, 07:14 AM
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Pine Brook, an investment firm focused on building businesses in the financial services and energy sectors, and Triumph Bancorp, Inc. announced the signing of a definitive agreement for Pine Brook and management to acquire Triumph Capital Advisors...
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April 04, 2017, 07:24 AM
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Monroe Capital LLC announced the closing of a $305 million term debt securitization known as Monroe Capital MML CLO 2016-1, Ltd. The term financing was Monroe’s third CLO completed in the last two years, is secured by middle-market senior secured...
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July 06, 2016, 08:01 AM
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Monroe Capital completed the successful optional redemption of 100% of the Notes for MC Funding 2006-1, a middle market CLO that closed on December 21, 2006. The $409.5 million-middle market CLO, managed by Monroe Capital Management LLC, generated a...
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May 05, 2016, 07:37 AM
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Recent leveraged loan price volatility presents increased risks and opportunities for CLO managers, Fitch Ratings says. Managers in volatile markets are challenged to make credit calls that may significantly affect long-term performance for CLO...
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December 29, 2015, 07:33 AM
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Sankaty Advisors, the global credit affiliate of Bain Capital, and Regiment Capital Advisors, a Boston-based investment manager, today announced the signing of a definitive agreement for Sankaty to acquire the management contracts for four portfolios...
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November 17, 2015, 07:26 AM
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Wellfleet Credit Partners announced the closing of a $360.0 million collateralized loan obligation (“CLO”), referred to as “Wellfleet CLO 2015-1.” Wellfleet CLO 2015-1 represents the debut CLO issuance for Wellfleet, the performing credit business of...
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September 25, 2015, 07:18 AM
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THL Credit Senior Loan Strategies, together with its parent, THL Credit Advisors LLC, announced that it has closed on a $616 million collateralized loan obligation ("CLO"), led by Credit Suisse. THL Credit has now closed on seven new CLOs totaling $3...
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July 10, 2015, 07:50 AM
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Palmer Square Capital Management, a provider of structured credit, corporate credit and hedge fund strategies to a wide range of investors, announced that it has teamed up with the New York Stock Exchange (NYSE) as calculation agent and distributor...
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June 08, 2015, 07:49 AM
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Monroe Capital LLC announced the closing of a $412 million term debt securitization known as Monroe Capital BSL CLO 2015-1. The term financing was Monroe’s second CLO completed in the last six months and is secured mostly by broadly syndicated...
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May 29, 2015, 08:00 AM
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NXT Capital, LLC announced the closing of NXT Capital CLO 2015-1, a $408 million CLO. The financing, NXT’s fourth CLO in as many years, is secured almost exclusively by middle-market senior secured loans originated by NXT. The CLO has a four-year...
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May 14, 2015, 08:02 AM
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Sound Harbor Partners announced the closing of Sound Harbor Loan Fund 2014-1, a Collateralized Loan Obligation ("CLO") fund totaling $457 million. The fund invests primarily in USD-denominated senior secured corporate loans.The transaction is Sound...
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November 03, 2014, 07:37 AM
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Monroe Capital announced the closing of a $358 million term debt securitization known as Monroe Capital CLO 2014-1, Ltd. The term financing was Monroe’s first CLO since the financial crisis and is secured mostly by middle-market senior secured loans...
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September 18, 2014, 05:58 AM
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NXT Capital announced the closing of NXT Capital CLO 2014-1, a $357 million collateralized loan obligation (CLO). The financing, NXT’s third CLO in three years, is secured almost exclusively by middle-market senior secured loans originated by NXT and...
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May 14, 2014, 07:41 AM
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THL Credit Advisors LLC announced that it has closed on a $447 million collateralized loan obligation ("CLO") led by Deutsche Bank Securities Inc. THL Credit has now closed on $1.43 billion of CLOs since December 2012."We are delighted with the...
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November 20, 2013, 07:17 AM
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American Capital, Ltd. announced an affiliate, ACAS CLO 2013-2, Ltd. (the "CLO"), has closed on the sale of $414 million of collateralized loan obligation bonds. The transaction was arranged by Citibank, N.A. The CLO is externally managed by...
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September 26, 2013, 07:21 AM
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Salus Capital Partners LLC announced the closing of an additional $300 million note issuance by Salus CLO 2012-1, Ltd. (the “CLO”), bringing the aggregate amount of notes issued by the CLO to $550 million. The original CLO closed in February 2013...
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September 23, 2013, 07:52 AM
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THL Credit Senior Loan Strategies (THL Credit SLS) announced that it has closed on a $467 million collateralized loan obligation (CLO) led by Citi. THL Credit SLS is a subsidiary of THL Credit Advisors LLC, which is the external investment manager of...
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April 19, 2013, 07:49 AM
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American Capital announced that an affiliate, ACAS CLO 2013-1, Ltd. (the "CLO"), has closed on the sale of $414 million of collateralized loan obligation bonds. The transaction was arranged by Deutsche Bank Securities Inc. The CLO is externally...
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April 02, 2013, 07:11 AM
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Total leverage finance and high yield issuance have hit record levels, but overall outstandings have hardly budged as the principal drivers of supply have been repricings and recapitalizations, according to the latest report of Morgan Joseph...
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March 13, 2013, 08:05 AM
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Triumph Bancorp, Inc. announced today the launch of Triumph Capital Advisors, a credit-focused investment management firm with an emphasis on investing in senior secured bank loans. The initial strategy for growth will focus on collateralized loan...
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March 05, 2013, 07:54 AM
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THL Credit Senior Loan Strategies, a subsidiary of THL Credit Advisors LLC , which is the external investment manager of publicly listed business development company THL Credit, Inc., closed on a $513.6 million collateralized loan obligation led by...
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January 03, 2013, 07:25 AM
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NewStar Financial completed a $325 million term debt securitization known as NewStar Commercial Loan Funding 2012-2. All classes of notes were priced at par and the transaction was upsized from $300 million, reflecting broad participation among...
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December 19, 2012, 07:23 AM
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