2 october

CLO portfolio managers retire from Onex

Steve Baker (London) and Brian Horton (Charlotte) are retiring at the end of the year.

8 october

Former GoldenTree high-flyers launch manager in Los Angeles

Former GoldenTree Asset Management partner Cee Sarabi and experienced business development specialist Rachael Stimac Sarabi have established an asset manager that will invest in a variety of structured credit assets, say market sources.

5 october

CLO specialist lands development finance job

Former Mediobanca loan and CLO trading head Joel Bensoor has moved to CDC Group, a development finance business owned by the UK government.

7 October

Barings promotes PM to lead European CLO unit

8 october

Investors sell downgraded CLO tranches

9 october

Morgan Stanley to buy Eaton Vance for $7 billion

The deal signals Morgan Stanley’s push into asset management. It has also bought CLO contracts from Assurant.

16 October

Credit Rendezvous: sometimes you have to dive deep

Creditflux’s quarterly review of credit finds portfolio managers braving hard hit segments of the credit market, such as shopping mall financings.

12 october

Silver Rock becomes third debut US CLO manager of 2020

It prices the deal via Citi and joins Gulf Stream and New Mountain in building CLO businesses this year.

20 October

Pimco pre-markets comeback US CLO

Pimco is returning to CLO management after a 13-year absence. The Newport Beach-based firm is pre-marketing Balboa Bay with Morgan Stanley. David Forgash is serving as portfolio manager.

21 October

Former Ares partners put ESG and tech at centre of new Dallas-based CLO business

Pacific & Plains Capital is led by founders Americo Cascella, Daniel Hall and Shane Mengel and is based in Dallas, with a presence in Los Angeles.

21 october

Golub lines up first talf-eligible CLO

The middle market CLO prices via Societe Generale at a whopping $677.5 million.

23 October

CLO Census results: Citi comes out top...

But several banks leap up the rankings for best CLO arrangers, as voted by CLO managers, investors, arrangers and service providers in the Creditflux CLO Census (see page 14). BNP Paribas, Goldman Sachs, Jefferies and Natixis are among those to climb the tables.