Breaking News

First Brands Group bankruptcy: Two rating firms say ‘don’t panic’

CLO structures act as a firebreak by limiting concentrations of assets from any one obligor, Moody’s says

First Brands, in chapter 11, discloses over $11bn of liabilities

A number of private credit firms have exposure to the latest instance of trouble in the auto and auto-parts industries.

Canyon’s latest CLO closings: CLO AUM reaches $11.4bn

Four CLO closings in 2025: six refis or resets as Dallas company seeks to scale.

Rithm Capital announces acquisition of Crestline Investors

Rithm expects credit synergies with its asset management platform, and gains insurance and reinsurance foothold

Temasek unit and Nexus take equity stakes in Post Advisory Group

The deal, expected to close this year, will bring new capital to the CLO platform as Principal and Nippon exit.

Temasek and Hunter Point take minority stakes in Nuveen Private Capital

The investment into Churchill and Arcmont marks the Singapore’s sovereign wealth fund’s second such purchase in recent weeks.

TPG Twin Brook, Coller set $3bn credit secondaries milestone

This marks the largest deal of its kind, as private debt investors look to continuation vehicles for liquidity.

NLC makes foray into private credit NAV lending

The non-bank lender will build on its sub-lines approach in entering a mature market.