Schwartz steps up to lead AB CLO platform
Alliance Bernstein has promoted Bob Schwartz to lead the AB CLO platform, a move chat comes in the wake of Scott Macklin’s move from AB to Obra Capital

Obra adds veteran CLO PM as it expands into CLO management
Obra Capital has continued its push into CLO management with the hire of a new Head of US Leveraged Finance will be responsible for managing Obra’s CLO platform

Two CLO managers link up as AB agrees to buy CarVal
AllianceBernstein has entered an agreement to buy CarVal investors for $750 million, bringing two major CLO managers under the same roof

AB launches US CLO business after hiring from Sculptor
AB is building on its middle market CLO business by launching a broadly syndicated loan CLO platform, according to a company announcement. AB's majority owner, Axa Equitable, will fund the new product offering, according to AB, which presumably means that it will invest in the equity of forthcoming AB CLOs