MUFG, DWS financing venture starts with project, infrastructure investments
MUFG and DWS Group announced a “private financing strategic venture” this week to enhance both firms’ ability to underwrite and distribute infrastructure and alternative credit investments

DWS prints market’s third infrastructure CLO of the year
DWS has reset a 2019-vintage deal after issuing two new infra CLOs in September   

New managers hustle to join buoyant CLO market
New entrants are bustling to join the ranks of BSL CLO managers in both the US and Europe, with Obra, Fortress and CIC all in the market

Nuveen and AGL among those plotting debut as European CLO managers
US-based firms Nuveen, AGL Credit Management and LCM Asset Management are among those planning to kick-start CLO deals in Europe

Spreads come in as DWS prices new infrastructure-focused CLO
The latest infrastructure CLO from DWS subsuduary RREEF America has priced with triple-As at 155bps, 5bps tighter than in June

DWS grows CLO team in Europe with senior hire
DWS continues to build out its nascent CLO team with the recruitment of a well known CLO portfolio manager

DWS head of direct lending departs
Marcus Herbig, head of direct lending at DWS, has left the firm, according to people familiar with the matter

DWS expands in London with new senior investment manager role
London-based Roscoe Roman has joined German asset manager DWS, in the newly created role of senior investment manager for alternative credit (EMEA)

Second US infrastructure CLO this year prices
DWS Group has priced the latest of its infrastructure-focused RIN series of CLOs, with a USD 350m deal arranged by Société Générale

Global head of CLOs and loans switches firm to focus on private credit
Dan Robinson, Man Group's managing partner of capital asset solutions and global head of CLOs and loans has moved to a new asset manager

DWS prints new CLO backed by infrastructure assets
DWS Group priced a new CLO backed by infrastructure loans on Monday

European real estate available with pruned inflation hedges
Throughout the upheaval in European credit this year, one segment of the market that has shown itself to be resilient against the pressures of inflation is real estate debt

Credit funds at a glance (November 2022)
A round up of fundraising and people moves in credit

DWS hires regional heads for direct lending business
DWS Group has unveiled two senior appointments to it European direct lending team

Senior CLO investor departs buyside after 17 years to rejoin Fitch
So often CLO investment firms will poach talent from rating agencies and other CLO service providers. But it can be a two-way street, as demonstrated by Fitch Ratings

CEO steps down after DWS greenwashing allegations lead to police raid
A tumultuous 24 hours for DWS Group, in which police and regulators raided its office, has been compounded by the resignation of its chief executive officer Asoka Woehrmann on Wednesday morning

"Do not rush to set up a check-box approach with negative screening and start de-investing"
Instead of rushing through an ESG framework, asset managers need to adopt a long- and short-term approach

Former DWS official claims company over-stated ESG progress: WSJ
DWS Group’s environmental, social and governance investment claims are in the spotlight after its former sustainability officer claimed the firm over-stated its ESG efforts, according to the Wall Street Journal

"Technology won’t replace human judgement. In ESG a qualitative review is necessary"
The social aspect of ESG must be given sufficient weight in investment decisions  

Managers offer solutions for underfunded pensions
Credit managers are tapping UK defined benefit pensions that are battling negative cashflows

Credit funds at a glance (June 2021)
A round up of fundraising and people moves in credit

DWS and Tikehau target UK pensions with multi-strategy credit fund
The new fund will invest in CLOs, ABS, private debt, leveraged loans, infrastructure debt and real estate debt

"The lack of standardised ESG data creates opportunities for data-driven investors"
Investors can gain an edge by using technology to help parse ESG data

CLOs are here to help with infrastructure expansion
Issuers of CLOs backed by infrastructure debt are looking forward to a boom as investors turn to infrastructure projects as a way out of the pandemic slump

"The heterogeneous set of KPIs make comparisons difficult and self-policing hurts credibility"
Loans with ESG ratchets are popular and a good way to align incentives – but we need accountable external reviewers