Kartesia prices debut European BSL CLO at €459m, upsized from €400m
The AAA tranche cleared at +129bp without arranger participation, four months after Kartesia launched its loan management strategy.
New York Life takes majority stake in $20bn Invictus as M&G prices €457m CLO
The deal brings Invictus's Verus Mortgage Capital loan-sourcing platform under New York Life; M&G's fifth Margay CLO prints at €457m after Ontario Teachers' July €200m commitment.
Pemberton hires Investcorp's Courtman to run its €1.6bn CLO platform
Courtman starts in January 2027 as managing director and head of the CLO group, while Rob Reynolds steps back from the role to pursue other opportunities.
Castlelake, Canyon, Barings and Cerberus file numbered credit funds with zero sold
All five Form D registrations show zero sold and no target raise, leaving structure as the only filled-in part.
Värde Partners backs Valcia to take over its liquid credit fund
Valcia Asset Management would take over the 2023 Värde Liquid Credit Fund on 1 January 2027, pending regulatory approval.