Latest CLO/CDO news

• GSO brings Dunedin Park CLO via Deutsche

  

  GSO Capital, a Blackstone-owned entity, is marketing Dunedin Park, a €409.8m CLO arranged by Deutsche Bank, and the fourth brought by the issuer this year.

  • 18 Jul 2019

• Värde’s Carstairs goes upstairs as CEO

  

  Ilfryn Carstairs, global chief investment officer at alternative investor Värde Partners, will become co-CEO from next year, while keeping his co-CIO title.

  • 18 Jul 2019

• Barings brings euro CLO via arranger Goldman Sachs

  

  Goldman Sachs has released initial price thoughts on a new €407.2m CLO for Barings.

  • 17 Jul 2019

• Nochu returns to US, but stays at edge of euro CLO market

  

  Norinchukin Bank has re-entered the US CLO market after pulling back in April, though is still holding out on European CLOs, and there may now be less incentive for it to take up its previously outsized role.

  • 16 Jul 2019

• Allen & Overy grows lev fin team in New York

  

  Allen & Overy has added a partner to the firm’s leveraged finance practice in New York.

  • 15 Jul 2019

• Middle market debt specialist taps new CIO

  

  Middle market credit investment manager MidOcean Partners has hired a former Apollo Global Management executive as CIO.

  • 09 Jul 2019

• BlueBay hires head Citi trader for CLO business

  

  Alex Navin is joining BlueBay Asset Management’s structured credit team as portfolio manager, leaving Citigroup where he worked in various roles for over nine years. As well as launching structured credit funds, BlueBay said it was planning to launch and manage CLOs.

  • 08 Jul 2019

• CLO managers get triple-As away without Japanese help

  

  CVC Credit Partners and BNP Paribas Asset Management are two CLO managers preparing to price their latest CLOs, bringing broadly syndicated deals to the market without help from Japanese anchor investment. Both well-established managers are having little trouble finding interest in their latest deals, as European and US investors rush in to fill the gap.

  • 04 Jul 2019

• CIFC’s debut euro CLO print keeps new manager premium small

  

  CIFC Asset Management’s debut European deal, which was priced on Monday through Deutsche Bank, shows the slim premium required for new issuers in the European market — despite increasing fears that the manager landscape is becoming crowded.

  • 02 Jul 2019

• European primary issuance refuses to stall amid new deal influx

  

  The European securitization pipeline is bulging with 14 deals in the market this week, adding to an already heightened primary market supply on the back of the Global ABS event in early June.

  • 01 Jul 2019

CLO/CDO news archive