In this month’s issue we have stories on the latest fears about cockroaches in the leveraged loan market, US investors flocking to European CLOs this summer, and investors kicking the tyres on private credit amid a barrage of negative headlines.

We also focus on attempts by asset managers to unlock private credit CLOs in Europe — yet another attempt to get this asset class going in the region. There’s a feature on Stephen Ketchum and how he founded credit shop Sound Point. And there are highlights from the Debtwire private credit forums in New York and London. We hope you enjoy this beach-side reading.