- Direct lending (86)
- Emerging markets (26)
- High yield bonds (279)
- Investment grade credit (50)
- Structured credit (76)
- CLO (151)
- Distressed debt (63)
- Credit derivatives (65)
- Marketplace lending (5)
- Real estate debt (23)
US pension replaces Cliffwater with Meketa3 days ago
Connecticut Retirement Plans and Trust Funds has selected Meketa as a consultant to oversee its opportunistic investments, which consists of direct lending and opportunistic credit investments, along with investments in hedge funds and real assets.
CLO managers process Fusion bankruptcy implications4 days ago
12 CLO managers hold $185.2 million exposure to the debt of the cloud services company, which filed for Chapter 11 bankruptcy
Wells Fargo names CEO and head of its asset management arm5 days ago
Wells Fargo has promoted Nico Marais to chief executive officer and head of Wells Fargo Asset Management, effective immediately.
Welshcake: Sirius has made a strong move in CDS - if it hits the right targets15 days ago
The most tragic of human traits is the proclivity for our inventions to come back and bite us
Cayman Island hopping: EU laws provoke switch in CLO listings16 days ago
The Cayman Islands Stock Exchange (CSX) is set to become the listing place of choice in 2019 for CLOs put together by US managers — at least, according to a bold prediction by law firm Harneys.
Being fully invested can have a greater impact on IRRs than avoiding 2% defaults annually16 days ago
The IRR differential can be as much as 3.3% for a fully invested CLO versus one that maintains a 5% cash balance
Doing CLOs is hard work as recovery lags16 days ago
There’s scrutiny on staffing, structures and, of course, ‘the challenging arb’. But Q4 volatility created opportunity, which led speakers at the Creditflux CLO Symposium to ask for more
Baird targets CLO arranging business16 days ago
A New York brokerage with a CLO trading business is making a pitch to be the first debut arranger of the year. According to market sources, RW Baird has hired CLO origination specialist Mario Verna with a view to building out a CLO primary business. In March, Verna left Guggenheim Securities, where he served on the CLO desk as a managing director.
CLO issuance faces threat amid loan definition dispute16 days ago
The clash over Millennium Laboratories’ bankruptcy could have ramifications for the CLO market, and it all hinges on the philosophical question: what is a loan?
- Two firms that have been in the market for fewer than seven years were named the top managers at the Creditflux awards last month. Manager of the year Spire only issued its first CLO in 201516 days ago
- A round-up of fundraising and people moves in credit16 days ago
- A round-up of fund performance16 days ago
PE hold periods have shrunk but fast acquisitions can lead to botched integrations16 days ago
Buyout multiples are likely to stay high – but moving fast and specialising can help firms make money
The Last Tranche: ESG, the Millennium Health lawsuit and who won what at the Creditflux Awards22 days ago
The Crediflux content teams sit down to talk about ESG, the best CLO managers in the business and attempt to answer the key question: what is a loan?
Details emerge of Natixis's new US leadership structure23 days ago
Kevin Alexander, who departed Natixis, has not been directly replaced
Investcorp adds fund placement business as it brings Mercury buyout to the boil23 days ago
The transaction for the alternatives placement agent will help “serve investors worldwide with an array of attractive opportunities in alternative investments”, says Investcorp
Ares hires Natixis deputy CEO for the Americas to credit investing role24 days ago
Ares Management has poached the Americas deputy chief executive officer from Natixis's investment banking business
DFG hires experienced credit analyst in New York25 days ago
DFG Investment Advisers has drafted in John Hwang as director and senior credit analyst on its leveraged credit team in New York
New investments drive Canada Pension Plan’s credit returns to 8.7%1 month ago
Canada Pension Plan Investment Board (CPPIB)’s credit portfolio has delivered good returns during the 2019 fiscal year, despite the market volatility, according to the institution’s annual financial report
GSO co-founder takes Iron throne with new manager launch1 month ago
GSO co-founder Tripp Smith has launched a new firm - Iron Park Capital Partners. He brings hires from credit long/short hedge fund River Birch Capital, Oak Hill and Axar with him
Barings BDC forms $550 million JV with South Carolina pension1 month ago
The new joint venture will invest in both liquid and illiquid credit
Eaton Vance hires loan trader in Boston1 month ago
Eaton Vance Management has hired a loan trader from the sell side
GoldenTree names president as Matza retires1 month ago
The credit manager has appointed an ex-JP Morgan Asset Management official as partner and president
Highland names new co-CIO1 month ago
Highland Capital Management has promoted its global equity trading head to co-CIO, as former co-CIO is named co-head of private equity
Superficial analysis in the press fails to account for critical differences between CLOs and CDOs1 month ago
Credit risk is rising, but any failures among CLOs will not impact the financial system as a whole
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