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About Hayfin
About Hayfin

Since our formation in 2009, Hayfin has grown to become Europe’s leading alternative asset management platform. We have developed in a measured way to build transatlantic capabilities and establish a growing local presence in Asia.

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We provide critical debt, equity and hybrid capital solutions tailored to the European market. Our product suite is designed to address every financing need of non-investment grade borrowers, providing broad and flexible mandates. Covering both primary and secondary markets and providing financing across the spectrum from growth to stress or distress.
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Led by Hayfin’s Executive Committee, our international team of industry professionals represent the best experience and expertise in the market. Our people embrace our values and culture contributing to our collective success.

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Hayfin has announced the reset of Hayfin Emerald IX, a €400m Collateralized Loan Obligation (“CLO”), which was first priced in March 2022. The reset closed on 19 December 2025 and attracted demand across the capital stack from repeat and new investors. Hayfin Emerald IX will have a 4.5-year reinvestment period and a 1.5-year non-call period.

The successful completion of this reset concludes a busy year across Hayfin’s Global CLO Platform, with a total of six reset transactions executed in 2025. This includes three prior resets within Hayfin’s European Emerald series, alongside two resets as part of the firm’s US CLO platform, led by Peter Swanson, Hayfin’s Head of US High Yield and Syndicated Loans. As of 31 December 2025, Hayfin’s Global CLO Platform holds more than €7.1 billion in AUM.

Jason Late, Hayfin’s Head of European High-Yield and Syndicated Loans, commented: “This milestone deal marks the final transaction in what has been another busy year for our CLO business. With compressed spreads in 2025 compared to previous years, we believe our strong reset activity has helped optimise overall portfolio structure, supporting our proven ability to manage risk and generate attractive returns for investors across the credit cycle.”

Bank of America acted as an arranger for this reset and the original new issue. Orrick acted as portfolio manager counsel for the reset.

Hayfin has announced the reset of Hayfin US XIV, LTD. (“Hayfin US XIV”), a $492.27m Collateralized Loan Obligation (“CLO”), which was first priced in July 2021. The reset closed on 20 October 2025 having priced earlier in the month. The deal attracted demand across the capital stack from repeat and new investors alike. Hayfin US XIV will be backed by a diversified portfolio of primarily US senior-secured loans and will have a five-year reinvestment period and a two-year non-call period.

The successful pricing of this reset builds on the 2025 momentum of Hayfin’s Global CLO Platform. This follows the February reset print of US XII, in addition to the three year-to-date resets across Hayfin’s Emerald series, its European shelf. As of 30 June 2025, Hayfin’s Global CLO Platform AUM stands at more than $8.4bn.

Peter Swanson, Hayfin’s Senior Portfolio Manager and Head of US High-Yield and Syndicated Loans, commented: “We believe the completion of this reset highlights our differentiated deployment strategy which aids to drive our performance and portfolio quality. While asset spreads have compressed, we believe this transaction optimises the overall structure, supporting our efforts to balance portfolio credit discipline and distribution outlook.”

Jefferies acted as an arranger for this reset and the original new issue. Orrick acted as portfolio manager counsel for the reset.