Creditflux

Janus Launches Higher Risk-Return CLO ETF for Institutional Investors

Janus Henderson has launched a new CLO exchange‑traded fund that targets AA to A‑rated CLO tranches, offering a modestly higher expected return than its existing AAA‑focused CLO ETF. The product is designed specifically for institutional investors seeking greater yield without...

Inflows for Nontraded BDCs Slow While Redemptions Rise – Fitch

The negative investor sentiment seen last year for listed BDCs now hits perpetual, non-traded BDCs

Software Selloff Hits CLO Equity, BB MVOCs – Barclays

Barclays reports that a sharp software‑sector selloff has dragged down collateralized loan obligation (CLO) equity and BB‑rated medium‑volatility obligations (MVOCs). At the same time, the share of U.S. loans trading above par fell to just 27%, a steep decline from...

CalPERS, Other Large Investors Embrace a Strategy that May Send More Cash to Private Markets

CalPERS and several other large institutional investors are shifting to a Total Portfolio Approach (TPA), a holistic allocation framework that treats cash as a flexible resource rather than a static buffer. The new methodology lets firms dynamically allocate capital to...

US BSL CLO Rankings – January 2026

Creditflux’s January 2026 US BSL CLO league table revealed a surprise shift, with SMBC Nikko climbing to the second‑place slot in the arranger rankings. The move displaces traditional leaders and reflects SMBC Nikko’s aggressive issuance strategy during the first quarter...

BSP Is Latest to Issue US CLO AAAs at 115bps, as New Mountain and CQS Also Price New Deals

Benefit Street Partners (BSP) has launched its second U.S. CLO of 2024, a $502.6 million transaction arranged by Bank of America. The CLO received a AAA rating and was priced at a 115‑basis‑point spread over LIBOR, matching the tightest pricing seen...

Benefit Street Partners Issues $502.6M US CLO Arranged by Bank of America

Benefit Street Partners (BSP) issued its second US CLO of the year, raising $502.6 million. Bank of America acted as the arranger for the transaction, marking a notable debt financing deal in the CLO market.

Software Sell-Off Weighs on Growing Share of European Single-B CLO Tranches

Around 7%-8% of single-B tranches no longer covered on MVOC basis and manager tiering re-emerges.

Lending Giants Invade Lower Mid-Market in Search of Deals – Private Credit Comment

Lending giants such as major banks and asset managers are expanding into the lower mid‑market, traditionally dominated by smaller private‑credit funds. This surge in competition is compressing pricing and forcing boutique lenders to chase riskier deals or exit the segment....

Securitisation Market Pushes Back on Key Elements of Commission Reform

The European Commission’s draft reform of the EU securitisation framework has encountered strong resistance from market participants. A European Parliament rapporteur has introduced industry‑friendly amendments aimed at softening the proposal’s most contentious points. Respondents are particularly opposed to the Commission’s...

Schroders, InPost Deals Boost 2026 Takeover Pipeline by EUR 19bn

Asset manager Schroders and parcel‑delivery specialist InPost have signed deals that together add €19 billion to the projected 2026 European takeover pipeline. InPost’s transaction, valued at €7.8 billion, involves Advent International and FedEx and is being executed at a modest premium. Schroders’...

Group.ONE TLB and Cision Loan Fall on Continued AI Selloff

Market Comment: Software leveraged loans are under pressure on continued AI fears

Arini President Mathew Cestar Says Europe’s Missing AI Boom Provides Opportunities

Arini President Mathew Cestar argues that Europe has largely missed the AI boom that has powered a sizable share of U.S. economic expansion. He contends that this lag creates a relative valuation gap, making European credit assets more attractive to...

Abry Plans Programmatic BSL CLO Issuance, Eyeing Expansion to Private Credit CLOs

Abry Announces Programmatic BSL CLO Issuance, Targeting Private Credit Expansion

Asset manager Abry announced plans to launch a programmatic BSL CLO issuance, marking its entry into the private credit CLO market. The move signals a strategic expansion into debt financing, though specific deal size remains undisclosed.

Apollo Issues New European CLO, AAAs Drop Below 120bps

Apollo's latest European CLO issuance has driven AAA tranche spreads below 120 basis points, signaling strong investor demand. The deal highlights a notable development in the European CLO market.

Mizuho Leads Second Sole-Led European CLO Deal

Mizuho has announced its second sole-led collateralized loan obligation (CLO) transaction in Europe, expanding its presence in the market. The deal marks the bank's continued push into European CLO financing.

Northwestern Mutual Prices First New CLO in Six Months

Northwestern Mutual has priced its first new collateralized loan obligation (CLO) in six months, marking a return to the market for the insurer. The transaction details, including size, were not disclosed.

TPG to Raise New Capital for CLO Platform

TPG announced plans to raise additional capital for its collateralized loan obligation (CLO) platform, aiming to expand its capacity to originate and manage CLOs. The fundraising amount was not disclosed.

Blue Owl Secures $2.5bn for New Opportunistic Alternative Credit Fund

Asset manager Blue Owl announced the closing of a $2.5 billion capital raise for its new opportunistic alternative credit fund. The fund will target high‑yield credit opportunities across various sectors, leveraging Blue Owl’s expertise in private credit. The raise underscores strong...

Oak Hill Reissues US CLO, Narrowing AAA Benchmark

Oak Hill has issued a new US collateralized loan obligation (CLO), causing the benchmark AAA rating for US CLOs to narrow again. The reissue adds undisclosed amount of AAA-rated CLO assets to the market, reflecting continued investor demand for high-quality...

PineBridge Prices First New European CLO in Seven Years

Asset manager PineBridge announced the pricing of its first new European collateralized loan obligation (CLO) in seven years, marking a notable return to the European CLO market. The deal, priced on February 5, 2026, signals renewed investor interest in structured...