Polls close tomorrow for the Creditflux CLO Census 2023
With two days of voting left the seventh instalment of Creditflux’s CLO Census is already the biggest ever with 397 participants

DebtDynamics EMEA | Under pressure: likely-to-distress scores highlight struggling industries and regional woes
The European leveraged market has crossed the threshold of 100 companies at the stressed/distressed lifecycle stage, according to Debtwire data

CIP hits final close for first debt fund
Copenhagen Infrastructure Partners has raised EUR 1.2bn in a final close of its inaugural renewable energy debt strategy

Capital Four named new sub manager of high yield bond fund
Danish boutique asset manager Capital Four revealed on Tuesday that it will take over sub-management of the Nordea 1 - International High Yield Bond Fund, as the firm continues to build out its investment capabilities in the US

3Q23 YTD CLO rankings
Our latest set of CLO issuance rankings for 2023 showcase the most active CLO arrangers, lawyers and trustees over a challenging nine months

3Q23 manager rankings by AUM
Carlyle Group is now the largest CLO manager in the world, according to the latest update to our rankings of the CLO manager universe published today

Fidelity launches first European direct lending fund
Fidelity International has launched its first direct lending fund in Europe with a loan to Dutch dental services firm Clinias Dental Group 

Allen & Overy and Shearman & Sterling partners affirm merger
The partnership will help both firms expand internationally while changing the legal landscape

Ares launches direct lending fund targeting retail investors in Europe and Asia
The new Ares European Strategic Income Fund is part of a growing string of credit options catered to wealthy individuals

Structured finance secondary market quiets down as volatility intensifies
Secondary market activity in European structured finance was subdued this week, in the wake of further market volatility sparked by the Israel-Hamas war

Man GLG returns to Europe with short-dated CLO
Man Group has returned to the European CLO market with the pricing of its first new deal since 2020 

Boutique asset management firm partners with Australian credit fund manager
A new global credit fund will focus on long-only credit opportunities with the intent of capitalizing on inefficiencies in the credit cycle

Credit PMs predict global recession
Respondents to the latest IACPM credit outlook survey were feeling particularly gloomy, with a strong majority predicting recessions in both the US and Europe next year

Muzinich takes the high road for new private credit fund
Muzinich & Co has launched an AI-enhanced private credit fund called MLoan that focuses on parallel lending

ELFA starts drive for consistent climate reporting in CLOs
The European Leveraged Finance Association (ELFA) has published a new report on CLO carbon and climate disclosures

BlackRock creates ESG-focused credit fund
BlackRock launches new strategy as interest in private credit and sustainable investments continues to grow

Hedge fund profit-taking prompts ABS sales as spreads soften in deteriorating macro conditions
More European ABS and CLO BWICs were on offer this week, as some hedge funds are selling their positions with a view to take early profits before the market widens further.  

HSBC takes co-placement role on new Blackstone deal
HSBC took a co-placement agent role on the latest Blackstone European CLO, arranged by Morgan Stanley

BNP Paribas arranges new European CLO with split single Bs
CVC Credit Partners joined the rush of European issuance this week, pricing its fifth new European CLO of 2023

Palmer Square makes it four in Europe this year
Palmer Square has priced a new European CLO arranged by Barclays

European CLO reset market opens for business
The first European CLO reset of the year happened this week in a EUR 400m transaction arranged by Deutsche Bank 

Invesco adds third European CLO this year to its tally
Invesco Euro CLO XI DAC was arranged by Goldman Sachs in a EUR 400m transaction

Loan Highlights 3Q23: Loan volumes remain significantly lower than historical averages
Capital markets loan activity continued to struggle in the third quarter of 2023, as issuers in the Americas and Europe held off from tapping markets

Credit impact fund surpasses $100 million target close
The fund targets companies that support social and environmental causes in Africa, Asia and the Americas