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Fund manager picks president
William Bohnsack has been promoted to president at Oak Hill Advisors. He has been coo at Oak Hill si...
Job Swaps 5 April 2012 -
CLO survey highlights regulatory concern
JPMorgan has published the results of its latest CLO client survey, based on responses from 79 accou...
News Round-up 5 April 2012 -
Key person clauses modified
The investment management agreements for the Stone Tower Credit Funding I, Stone Tower CDO, II, III,...
News Round-up 2 April 2012 -
Hawker Beechcraft cut hits OC ratios
The downgrade of Hawker Beechcraft to double-C by S&P will cause some CLO overcollateralisat...
News Round-up 30 March 2012 -
SME CLO asset defaults
The €6m subordinated bond issued by Gruezi, which forms part of the collateral backing PUL...
News Round-up 30 March 2012 -
Kinetic Concepts targeted
Kinetic Concepts was the most purchased loan by CLOs in 4Q11, according to securitisation analysts a...
News Round-up 29 March 2012 -
BWIC boredom as CLO market stutters
Excitement generated by the take-off of significant European CLO BWIC activity last month has turned...
Market Reports 28 March 2012 -
New role for ex-MS ceo
John Mack has joined Kohlberg Kravis Roberts & Co as senior advisor. He was most recently ch...
Job Swaps 28 March 2012 -
RFC issued on leveraged loan guidance
The US Fed, the FDIC and the OCC are seeking comment on proposed revisions to the interagency levera...
News Round-up 28 March 2012 -
Successor manager clause amended
The investment management agreement for Clydesdale Strategic CLO I has been amended to allow under c...
News Round-up 27 March 2012 -
CLO reinvestment periods targeted
A number of corporate issuers appear to be carving out loans compatible with WAL constraints for CLO...
News Round-up 23 March 2012 -
Issuing impetus
Bumper CLO issuance spurring return to market heights, tights
February saw the largest monthly volume of new CLO issuance since the financial crisis. With plenty...
News Analysis 22 March 2012 -
Insolvency event for mezz SME CLO
Chamartín Meermann Immobilien, portfolio company no. 41 in the H.E.A.T. Mezzanine I-2006 SM...
News Round-up 22 March 2012 -
Residual value
Case for subordinated CLO investment remains
The investment case for mezzanine and subordinated CLO positions remains strong. One European CLO ma...
News Analysis 20 March 2012 -
Investment firm adds two
London-based securitised products investment firm Pearl Diver Capital has announced two new appointm...
Job Swaps 19 March 2012 -
A2E record reached
At nearly US$17.3bn across 14 different issuers, February's US loan amend-to-extend (A2E) volume was...
News 19 March 2012