CLOs: The Rebound

THE LEAD|April 15, 2021

Content hub / Article / CLOs: The Rebound

By blocking the Suez Canal last month, the Ever Given made headlines, creating a massive shipping traffic jam.

Three football fields long and weighing 250 thousand tons (by comparison, the Statue of Liberty is only 125 tons), the monster container vessel is the new global transportation reality: 90% of the world’s goods travel by water.

This marine mishap reminded us of CLOs. Here are vehicles that transport 70% of all leveraged loans, each CLO containing hundreds of assets. They also risk getting beached when market winds blow sideways. …

▶︎ Read Apr 5 2021 newsletter: here

▶︎ Chart of the Week: here (by LCD, an offering of S&P Global Market Intelligence)

September 15-16, Hudson Yards, New York

Private Debt Investor New York Forum

Bringing together the investors, managers and advisers shaping the next phase of the market — 200+ allocators and $10.6 trillion of LP capital expected. Benchmark strategies, hear from leading LPs, and cut through market noise over two unmissable days.

Learn more

Report

US Private Credit League Tables H1'26

The definitive rankings covering private credit activity in H1'26.

Download

Report

PitchBook's Q2 2026 US PE Breakdown

Software freezes and energy powers on as US PE deal value falls 38% in Q2 2026.

Download

Webinar

Making sense of private credit defaults

What does private credit default data really tell us? Join our exclusive webinar featuring experts from KBRA, Moody's, Fitch Ratings, and S&P Global to find out.

Latest news

See all stories

Article | KBRA DLD

KBRA DLD Default Indices

September 9, 2026

Article | PitchBook

PE fund distribution rates

September 8, 2026

Following 2021, buyout distribution rates have fallen to roughly 10% to 15% below the 25-year average.

Article | PEI Private Credit

Sub line pricing flattens