News

Trafigura prices $500m of notes for latest ABS securitisation

Trafigura prices trade receivables ABS at tightest spreads since crisis


Castlelake announces closing of fifth distressed debt fund

Castlelake V closes $400m above target for ‘general purpose’ distressed strategy

Redding Ridge debuts in CLO market with $700m reset

Apollo CMV prices five-year reset of 2013 CLO via JP Morgan



Co-founder to depart as CLO boutique Valcour agrees sale

Pretium to acquire Stamford-based CLO manager on 31 July


BlueBay raises €3bn for new upper mid-market loan fund

New fund takes BlueBay’s private credit AuM to €7bn


KCAP Financial announces JV with Freedom 3 Capital

JV sees two mid-market specialists combine to launch a new senior loan fund


Octagon preps $70m ’40 Act fund to target corporates and CLOs

New fund seeks to outperform the S&P/LSTA Leveraged Loan 100 Index


Tradeweb announces strategic investment in DealVector

Deal will see the two firms work together on new fixed income trading products


Flexam Invest holds first close on new ABL fund

Flexam Tangible Asset Income Fund will make its first investments in Q4


Barings raises $1.3bn for global private credit fund

Charlotte-headquartered asset manager has put $1.8bn to work in the asset class in the last year


WyeTree teams up with Fidante to make ABS fund Ucits-compliant

London manager’s North American ABS Fund switched to the structure in January


Updated: Twin Brook raises $2.3bn for second direct lending fund

AG Direct Lending Fund II exceeds fundraising target by $600m


Apollo cuts fees for l/s credit hedge fund

Introduces tiered management fee structure as performance fees lowered to 18%




Canyon Capital launches first new CLO of 2017

Canyon Capital CLO 2017-1 is due to close on 24 August


Orix USA makes senior middle market credit hire

Will McCarthy joins as a director responsible for origination ad execution


TPG Capital wins $50m top-up from Colorado pension

The pension plan allocated $200m to the same strategy last year


Ares includes combo note as it launches $1.1bn CLO

Ares XLIV is the second-largest broadly syndicated CLO to price this year


Balyasny hires for credit amid strategy reshuffle

US hedge fund manager realigns strategies, hiring for market neutral credit