11 may

Redding Ridge wins four at Creditflux CLO Manager Awards

CSAM retained the Creditflux CLO Manager of the Year title.

3 may

Seasoned CLOs poised to switch to Sofr based on issuance trigger

CBAM 2018-6 and Madison Park XXIV join Greywolf III-R and IV-R in switching to Sofr on the rare trigger of CLO issuance for the past three months being linked to Sofr.

4 may

M&G eyes European CLO comeback

Portfolio manager Fiona Hagdrup tells Creditflux that the relaunched European CLO business will be founded on a sustainability framework.

6 may

Cairn shows US ambitions by hiring CLO PM

10 may

Think of the arb, say US CLO panellists

11 may

Apollo backs Advent’s conversion to CLOs

13 may

Sound Point promotes duo to lead in US CLOs

13 may

European CLO trading head joins start-up Arini

17 may

CLO specialist joins Barrow Hanley as PM

Former Carlson partner TJ Unterbrink is taking on his first full-time PM role as the firm prepares its debut US CLO.

18 may

Envision exchange leaves some lenders sick…

But CSAM finds prevention is better than cure as it has avoided the firm’s debt for more than four years. Envision loans plummeted into the 30s after it moved assets to a subsidiary.

20 may

SMBC hires experienced US CLO trader

Marc Steinberg replaces Sean Gibson at SMBC Nikko.

23 may

Experienced Citi CLO banker moves to buy side

Anjana Mohan is set to join Redding Ridge as an in-house CLO structurer in New York.

24 may

Canyon takes plunge into European CLOs

US CLO PMs Martin Downen and Erik Miller have been assigned global duties, while London-based special situations official Davide Amico is set to be a regional CLO PM.

24 may

Let’s play the Great CLO B-wic Price Drop

A CLO investor tries to drum up interest in a Marathon CLO single B tranche by slowly dropping its price.