Panagram CLO team leaves to launch new PE-backed credit fund
John Kim has resurfaced to launch a new credit manager, and has taken his old team from Panagram with him

Former Wells Fargo exec launches investment bank to print "social CLOs"
A former executive at Wells Fargo has launched an investment bank hoping to use CLO technology to attract capital to small businesses and non-profits in the US

Octaura launches loan market's 'first comprehensive trading platform'
Octaura, the fintech startup offering electronic trading for loans and CLOs, today announced the launch of its comprehensive syndicated loan trading platform that it says is the first on offer for the market

Insurer launches US CLO management subsidiary
Former SLC Management and American Capital official Mark Pelletier will lead the new business, which among other plans, will look to launch US CLOs and ‘other fund vehicles backed by broadly syndicated leveraged loans'

Canadian bank moves into US CLOs after Natixis raid
The destination of the four senior members of Natixis's CLO team has been revealed

Octaura's first fully electronic syndicated loans trade

CLO fintech Octaura hires veteran as chief operating and financial officer
Octaura, a new fintech company that offers electronic trading of leveraged loans and CLOs, has hired Jason Cohen as chief operating officer and chief financial officer effective immediately

The Last Tranche with New Mountain's Moshiri: New CLO managers may increase risk if they do not have stable equity capital
In this episode of the Last Tranche, New Mountain Capital's Cyrus Moshiri discusses the process of new firms entering into CLO management. Moshiri discusses whether an increase in new managers or consolidation is more likely, and how investors can analyse opportunities presented by upstart platforms

Euro CLO newcomer Albacore strikes inside 100bp with triple As
AlbaCore Capital has brought its third European CLO to market, pricing triple As inside the 100bp price band

Putnam confirms CLO ambitions after raiding First Eagle
Putnam Investments has confirmed its plan to jump back into CLO management after 17 years away with the company announcing the appointment of a team from First Eagle Investment Management, led by portfolio manager Scott D'Orsi. Creditflux first reported on this move in February  

Eldridge spins out structured credit investment team into new firm
Eldridge Industries’ $13.5 billion structured credit investment team is spinning out into a new firm named Panagram Structured Asset Management

Former Ares partners put ESG and tech at centre of new CLO business
Three former Ares Management partners have established a CLO business with plans to launch a first US CLO early next year

Experienced CLO PM Bowers launches asset manager with private equity backing
Jonathan Bowers, a former partner and senior portfolio manager at CVC Credit Partners, has established an asset manager in partnership with a private equity firm

HalseyPoint debuts in CLOs after two-and-a-half month ramp up
Start-up manager HalseyPoint Asset Management priced its debut CLO yesterday with founders Lynn Hopton and Yvonne Stevens informing Creditflux that their inaugural CLO was ramped up over just two-and-a-half months.

AGL makes US CLO market debut via JP Morgan
The world welcomed a new CLO manager on Friday as AGL Credit Management priced its first ever transaction, named AGL CLO I

18% of CLO managers priced their first deals post-January 2018, says Maples
Launching a new CLO management platform is ‘extremely difficult’ although the rewards appear to be worth the risks, according to new research from Maples Group

Fort Washington joins growing list of prospective new CLO managers
Fort Washington Investment Advisors is looking to set up a CLO management business, Creditflux has learned

New generation of US CLO managers battle to join industry top ranks
The US CLO manager base is growing at its fastest rate for years, with new firms springing up all over the country to issue these transactions

Gulf Stream to take CLO plunge again — eight years after sale
A CLO management business that was sold in 2011 is set to have a spectacular rebirth. Market sources say that Gulf Stream Asset Management is set to relaunch as a separate, standalone business, some eight years after the original version of the company was acquired and subsequently absorbed by Apollo Global Management.

Gateway sees an opening for CDOs with flexible mandates
Gateway Credit Partners is taking an unconventional route towards building a corporate credit management platform by creating its business around CDOs

Former CEO of CIFC establishes new CLO management firm
Peter Gleysteen, founder and ex-CEO of CIFC Asset Management, is launching a new private credit firm named AGL Credit Management

Ex-Columbia CLO heads partner with insurer to launch CLO business
HalseyPoint Asset Management, the firm founded by the former CLO heads at Columbia Management, has announced a partnership with insurer A-CAP to support the launch of its leveraged loan platform

Ex-Columbia CLO heads launch new firm in El Segundo
Former co-heads of leveraged debt group at Columbia Lynn Hopton and Yvonne Stevens have founded their own firm