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 ...

Downtown's O'Reilly Theater is home to Pittsburgh Public Theater. Beset by financial troubles, the boards of Pittsburgh Public Theater and the Pittsburgh CLO are set to vote this month on whether to ...

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 ...

A closely watched clinical trial in Britain that screened blood for early detection of cancer did not show a reduction in diagnoses at later stages of the disease. By Rebecca Robbins and Gina Kolata A ...

O’Donnell Financial bought 131,914 shares of CLOA; trade size estimated at $6.83 million based on average quarterly pricing. Quarter-end position value rose by $6.82 million, a figure reflecting both ...

NEW YORK--(BUSINESS WIRE)--Sculptor Capital Management, Inc. (“Sculptor” or the “Firm”), a leading global alternative asset manager specializing in opportunistic investing, announced today the closing ...

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 ...

Charles Dickens penned a Christmas story for the ages in 1843, spawning dozens of adaptations on stage and in film across the world (the Muppet version is, in my opinion, unmatched). It’s so ...

A portfolio of private credit loans managed by BlackRock Inc. has performed so poorly that the money manager has waived some management fees – a rarity in the credit world. The asset manager funded ...

"No cancer signal detected." The blood test results popped up in my online health portal without much fanfare. A doctor would chat about them with me later, congratulating me on the "phew"-worthy ...

(Bloomberg) -- Exchange-traded funds that hold bundles of corporate loans last week notched their first outflows since April, in the latest sign that investor concerns over credit quality are mounting ...