3 august

Middle east firm hires high-profile CLO official

CLO equity investor Lakemore, which has offices in Dubai and London, says it has hired former Voya loans head Dan Norman as it expands in the US.

4 AUGUST

Morgan Stanley promotes Russell to sole head of CLOs

The figureheads of Morgan Stanley’s US CLO business have gained new responsibilities. Rachel Russell has been made sole head of US new issue CLOs, while Loris Nazarian will establish a new fixed income capital introduction business.

3 august

Standard Chartered builds out global CLO trading business

Tyron Eng, the former head of Nomura’s European CLO trading desk, has landed at Standard Chartered, where he will trade CLOs globally. He joins from KNG Securities.

4 august

Experienced European CLO structurer set to join Natixis

Mizuho official Stefan Stefanov is set to join Natixis’s European CLO structuring team in September. He will report to Kamal Ayatallah, head of CLO primary.

4 august

Ares goes it a-loan with new US CLO

Ares has produced a CLO which is backed only by loans in a throwback to 2014 to 2019 loan-only deals.

12 august

Tikehau moves into US CLOs

Wesley Seifer will be US CLO portfolio manager alongside Erika Morris. The pair joined Tikehau from Semper in December 2019, when Tikehau took control of Semper’s US high yield fund.

13 august

Cross Ocean closes in on Commerzbank CLO platform

The Stone Point-backed firm could be about to buy Commerzbank’s CLO business, which is led by Guy Beeston. Cross Ocean looks to have beaten off competition from Arcmont and Pemberton.

13 august

Morgan Stanley hires US CLO structurer from Goldman

After six years at Goldman Sachs, Soumen Bose has been appointed executive director at Morgan Stanley. He joins another new recruit, Prabu Soundararajan, as Morgan Stanley plugs gaps vacated by Adam Schwartz (who joined Amherst Pierpont) and Risa Itoshima (who went to HPS).

16 august

Barclays hires to CLO structuring team in London

Jekaterina Muhametova joins from S&P Global Ratings, where she was a CLO analyst.

19 august

Barclays’ CLO and loan strategist set to join BlackRock

Geoffrey Horton is set to join BlackRock’s CLO investment team in New York after three years with Barclays. Horton has earned plaudits for his strategy reports. Last year, Barclays was ranked top for European CLO research, according to Creditflux’s CLO Census.

23 august

Canyon launches PE-style junior CLO fund

The Los Angeles-headquartered firm is fundraising for Canyon CLO Fund III. Regulatory filings reveal it has secured at least $55.8 million with the backing of 36 investors.