RiverRock secures €153 million in commitments for new senior loan fund

RiverRock sets €1 billion commitment target for latest fund, nearly double the size of its previous vintage

Opale selects three funds for tactical credit investment strategy
Digital platform for French investors launches first private debt investment strategy

European primary CLO market returns with new Alcentra deal
After a brief hiatus the European CLO market was back in business yesterday thanks to Alcentra and Citi

Societe Generale teams up with Brookfield for €10 billion private debt fund
New fund launched with €2.5 billion of seed funding and plans to reach their target over the next four years

New digital asset lender launches
Ex credit trader among team looking to bring structure to crypto market

Cautious optimism on display at European CLO conference
At today’s European Structured Finance Conference 2023, hosted by S&P Global Ratings, sentiment about the European CLO market was decidedly mixed, but with a gentle lean towards optimism. 

Bridgepoint Group acquires Energy Capital
Bridgepoint Group adopts infrastructure strategy with acquisition of Energy Capital Partners. 

Fed members need to restore their credibility, which could translate into excessive tightening
Rising wages have boosted spending and GDP — but the party can’t last forever

The Italian connection
As Octagon and Conning come under the umbrella of large Italian insurer Generali, we spoke to the firms’ CEOs about their expectations for credit in general and their firms in particular

Credit funds at a glance (September 2023)
A round-up of people moves and fund raising  

Credit hedge fund returns (September 2023)
Credit hedge fund returns  

CLO funds are hot in summer as they take nine spots in top 10 (Fund performance)
CLO funds took the lead through summer as the returns of the category index reached 1.88% and 3.18% in June and July, respectively. Both months saw a CLO fund as the top performer — Sound Point Meridian in June, and Oxford Gate Master Fund in July.

European CLO rankings - August 2023 YTD
Our August CLO rankings show €1.8 billion of European issuance in the month, a slight decline on July's €1.9 billion figure

Big banks see small changes in CLO holdings — but that may change in third quarter
The major bank buyers of CLO triple A notes saw limited change in their holdings during the second quarter, according to their latest financial statements

CSAM loses senior credit portfolio manager
Credit Suisse Asset Management rearranges its asset management team after long-time bond fund manager exits

European CLO triple As join the sub-170bp club as Redding Ridge deal prints
Redding Ridge printed the largest (and tightest) European CLO this year in a €499.35 million transactions priced by BNP Paribas

KKR goes static for latest European CLO
KKR has priced a new static European CLO, arranged by Morgan Stanley

Tikehau Capital announces new head of structured credit
Senior-level appointments at asset manager include a new head of its CLO management business

Tikehau sees market-tight triple A print on new Euro CLO
Tikehau Capital priced a new CLO on Friday and its triple A notes came in at a market-tight print of 175 basis points over Euribor

Allianz launches €1.5 billion global private credit fund
Allianz Global Investors targets €1.5 billion for second vintage of European private credit fund

BlackRock eyes next infra debt fund
BlackRock Alternatives is looking to launch a second global infrastructure debt fund, shortly after the departure of its European head of debt

Onex prints new European CLO with 175bp triple As
Onex Credit Partners issued a new European CLO on Friday with the triple A notes pricing at a market-tight print of 175 basis points over Euribor

Hayfin secures its largest private credit fundraise to date with €6 billion in commitments
Hayfin's latest private credit fundraise exceeds target goals, securing more than €6 billion in capital commitments

KKR adds new evergreen fund to direct lending line-up
Investment giant KKR has launched a new direct lending fund, according to fund filings