4 May

It’s all relative: the Cornetto trilogy of CLO triple Bs

There is growing appetite for CLOs that don’t taste vanilla — including ‘fat triple Bs’ with a cash sweep mechanism.

17 May

PGIM CLO PM follows yellow brick road to Emerald CLOs

European CLO portfolio manager Asha Narayan is set to join Hayfin’s Emerald CLO platform in September. Sources say she will report to Gina Germano, who heads the firm’s European high yield and syndicated loans strategy.

4 May

Worth the wait: submissions open for Creditflux’s manager awards

CLO managers, investors and direct lenders prepare for glory.

6 May

“We have not reflected the communities we serve”

12 May

CLO structurer set to join RBC in reorganisation

12 May

Senior US CLO structurer lands at Elmwood

Lin Chang, a senior US CLO structurer at RBC, has joined CLO issuer Elmwood Asset Management. RBC has arranged two of Elmwood’s nine CLOs.

17 May

BNP Paribas hires senior European CLO trader

Cairn’s Michael Htun has returned to the sell side at BNP Paribas. He previously co-led RBC’s CLO trading effort.

18 May

Bank of America hires US CLO structurer from JP Morgan

Robert Rhein joins BofA to show it’s not all one-way traffic away from bank CLO desks.

19 May

Key counterparties make charitable donation as part of new CIFC CLO

CIFC, RBC, Appleby, Allen & Overy, Milbank, BNY Mellon and Locke Lord will make a collective contribution of $145,000 to Black Girls Code, a New York and Oakland-based organisation mentoring girls of colour.

20 May

Partnership revived as Z Capital launches triple C-flex CLO

Z Capital is launching its first CLO under PM Shahid Khoja, while Amherst Pierpont is set to welcome Adam Schwartz as its CLO head. The firms previously did deals together under Andrew Curtis and Erez Biala.

20 May

Barclays makes changes to European CLO team

Michael Clarke is taking on a larger role as head of European structured credit origination, while CLO structurer Anca Gagea will run European CLO origination and syndication.

21 May

Blackstone goes on coffee run with Assurant CLO equity

Blackstone has acquired CLO equity in five European CLOs managed by Assurant in a deal dubbed project coffee.