Senior global CLO trader leaves JP Morgan after 20 years
A senior global CLO trader has parted ways with the bank after two decades

Euro CLO league tables: Jefferies returns but JP Morgan retains slender lead (update)
After a busy February where €3.75 billion of European CLOs were priced, volumes came back to the mean in March with five managers braving the volatility

Sound Point to take on Assured's asset management business in new partnership
Assured Guaranty and Sound Point Capital Management have struck up a partnership, according to an announcement, which will make Sound Point the fifth largest CLO manager globally.

European CLOs utilise first payment reserve for first time, conference hears
European CLOs have, for the first time ever, started to utilise their first payment reserves, according to panellists at IMN European CLO and leverage loan conference today, in part due to underlying loan obligors shifting from three to six-month Euribo

Dechert adds CLO specialist to London team
Dechert says it has appointed a CLO specialist to partner in its London office.

AlbaCore and Anchorage market European CLOs
AlbaCore Capital and Anchorage Group are the latest managers to brave the new issue European CLO market amid market volatility

CVC aims to break European CLO market silence amid difficult loan market
CVC Credit is aiming to break European CLO market silence arising from market volatility amid SVB’s collapse and the Credit Suisse turmoil, which has led to no new European CLOs pricing since 13 March

DLA Piper hires CLO lawyer from Paul Hastings as partner
DLA Piper has hired Konstantinos Vavelidis as partner on its CLO legal team in London

Credit Suisse CLO trader/strategist joins Barclays
Barclays has added to its ABS research desk

Deutsche Bank European CLO head leaves as bank lines up high profile replacement
Deutsche Bank has reshuffled its European CLO desk, with several sources indicating its head of European CLO new issue has parted ways with the bank. Simultaneously, the bank have made a senior hire 

Federated Hermes unveils sustainable global IG credit fund
Federated Hermes Limited today unveiled a sustainable global investment grade credit fund, Federated Hermes Sustainable Global Investment Grade Credit Fund, which complies with Article 9’ of the Sustainable Finance Disclosure Regulation

Nomura's private capital unit launches credit interval fund
Nomura Alternative Income Fund has a flexible allocation across private and public credit sectors, depending on relative value opportunities

Ironshield prepares for distressed opportunities with closed-end fund launch
Ironshield Capital has unveiled a closed-end fund which invests in private credit and illiquid public credit.

Arrow overshoots €2.5 billion target for second credit opps fund
Arrow Global has closed its second credit opportunities fund at its hard cap, collecting around €2.75 billion and exceeding its €2.5 billion target

Euro CLO exposure to financial sector 'limited', say Fitch
European CLO exposure to the financial sector is 'limited' and CLO ratings will not be impacted by UBS's acquisition of Credit Suisse, according to new data from Fitch Ratings

Ares and Mubadala establish $1 billion global credit secondaries JV
The pair aim to capitalise on the 'anticipated growth and substantial demand’ from managers and investors for customised liquidity solutions

Tikehau preps sixth European direct lending fund launch
Tikehau Capital is preparing to start fundraising for its sixth European direct lending fund, Tikehau Direct Lending VI 

Loan trading within European CLOs drops to 0.6%: BofA
European CLO manager trading activity declined sharply this year amid less leveraged loan primary supply and declining secondary liquidity, according to Bank of America research

Credit Suisse/UBS deal to create $5 trillion asset manager
The emphasis is set be on wealth and asset management, according to a statement released by UBS in conjunction with its move to acquire Credit Suisse

First Sentier buys majority stake in credit firm AlbaCore
First Sentier Investors has bought a majority stake in European credit specialist AlbaCore Capital Group, the firms announced today, after identifying alternative credit as a ‘strategically important space’

Board aims to grant Blackstone fund ability to invest directly in primary CLOs
The board of publicly traded fund Blackstone Loan Financing is proposing to amend its investment policy to allow it to directly invest in primary CLO opportunities, following the results of its shareholder consultation announced today.  Changes to NAV valuation methodology alongside various potential exit opportunities was also discussed.

Pimco promotes global lev fin and CLO head to managing director
Pimco's leveraged finance head is one of five senior officials promoted to managing director

Carlyle liquidates European CLO warehouse as Credit Suisse exposure drops to zero
Carlyle Group has become the latest European CLO manager to liquidate its warehouse with Credit Suisse, according to sources, leaving the bank with no European CLO warehouse exposure

Barings captures Gryphon to boost structured credit business
Barings has bolstered its global structured credit expertise by buying AUD $2.6 billion ($1.72 billion) Austrialian credit firm Gryphon Capital Partners