Latest news
Latest news
Changing issuance patterns, tight mezzanine spreads and investor demand deliver bumper crop of deals
Deal follows Macquarie's acquisition of Spire, which issued previous Aurium CLOs
Pim van Schie, a portfolio manager at Neuberger, discusses rising investor appetite for CLO mezzanine tranches
More articles
More articles
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Bardin Hill Investment Partners has returned to US CLO issuance after more than two years of absence. -
Marble Point has hired former Seix Advisors chief executive Bob Sherman in a newly created position of global director of strategic development.
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Cairn Capital, the alternative credit asset management firm in which Mediobanca has a majority stake, has agreed a deal to buy and merge with Bybrook Capital.
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TCW Asset Management refinanced a CLO issued in 2019 via an applicable margin reset (AMR) auction, becoming the first manager to use the innovative way of refinancing twice.
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AGL Credit Management hired David Preston, the former head of CLO and ABS research team at Wells Fargo Securities laid off by the bank last year. Preston has been appointed on Monday as head of structured credit research at AGL, reporting to CEO and CIO Peter Gleysteen and COO Wynne Comer.
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Leveraged loan repricings are underway, taking a cue from Europe’s CLO market, where a wave of refi and reset activity has broken out with senior tranches now back to pre-pandemic levels.
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Natixis on Monday promoted Peter Cui to head of structured credit syndicate in its European business, replacing Dimitris Papadopoulos who left to run CLO origination and syndication at Credit Suisse in September last year.
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CLO specialist at Penn Mutual Asset Management Jason Merrill was fired on January 7 after eight years with the firm, according to people familiar with the matter.
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Credit Suisse Asset Management (CSAM) has hired a head of origination in its direct lending group, following the firm's multi-billion push into private credit in partnership with Qatar Investment Authority.
