Chargeurs PCC Fashion Technologies launched two sustainable wool padding blends featuring blockchain-backed Nativa wool at the Milano Unica trade show on Wednesday. The blends create solutions that ...

JUST IN THIS NOON, A BIG MERGER IN PITTSBURGH’S ARTS COMMUNITY. THE BOARDS OF PITTSBURGH PUBLIC THEATER AND PITTSBURGH CLO VOTING IN FAVOR OF CREATING A NEW UNIFIED ORGANIZATION. BOTH SAY THE DECISION ...

Pittsburgh CLO and Pittsburgh Public Theater are forming a new organization. In a joint press release on Wednesday, the organizations announced a merger, saying the decision follows more than a year ...

The leadership of Pittsburgh Public Theater and Pittsburgh CLO announced Wednesday that the boards of both companies have voted to merge into a new cultural institution. “This theater will be a ...

It's no secret that CLO equity funds have had a horrendous time lately. Distributions have been cut, NAVs have deteriorated, and share prices have fallen sharply across much of the sector. And the ...

Concerns about rising defaults in the leveraged loan market are spilling into retail funds that own the riskiest slices of collateralized loan obligations, or CLOs. These equity tranches, often ...

Fear of rising defaults is spreading from the leveraged loan market to some of the retail funds that ultimately buy the debt as investors get choosier about taking on credit risk. The biggest buyers ...

Fidelity Investments is expanding its presence in collateralized loan obligations with two new actively managed ETFs that split exposure between AAA-rated tranches and lower-rated slices of the market ...

Walmart's Soon-to-Exit CLO on Why a 'Weird' Career Path Worked for Her—and Might for You, Too "I'm not sure I understood how massive and challenging the job was going to be," Rachel Brand said of her ...

BNP Paribas has picked up market share as a US CLO arranger amid skyrocketing issuance, moving into the top five after sitting outside the top 10 just four years earlier. Its effort to balance growth ...