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Pace of CLO principal payments changing
US cashflow CLO managers are increasingly looking to increase WAL tests in the transactions they man...
News Round-up 12 May 2011 -
Legacy inventories driving CLO BWICs
CLO bid-list activity remains strong, with several lists launching over the past week. Additionally,...
Market Reports 10 May 2011 -
BlackRock CLO firms up
Further details have emerged on BlackRock Financial Management's forthcoming US$400m BMI CLO I. Arra...
News Round-up 10 May 2011 -
Volatility persists
CLO rating refinements reviewed
CLO ratings volatility persists, with a raft of Moody's upgrades expected in coming weeks following...
News Analysis 10 May 2011 -
GSC Chapter 11 hearing due
A hearing is to be held before the bankruptcy court on 25 May to consider the joint Chapter 11 plan...
Job Swaps 10 May 2011 -
CLO pricing service launched
Thomson Reuters has launched a CLO evaluated pricing service delivered via its distribution platform...
News Round-up 9 May 2011 -
Investor comeback for US CLOs
The US CLO market ended last week with a bang as bid-list levels soared. At the same time, the secto...
Market Reports 9 May 2011 -
Debt restructuring fund closes
Black Diamond Capital Management has closed its US$800m BDCM Opportunity Fund III. The fund will wor...
News Round-up 6 May 2011 -
Permacap undertakes strategic review
Greenwich Loan Income Fund (GLIF) is undertaking two significant steps that it says are consistent w...
Job Swaps 27 April 2011 -
Attractiveness of CLOs versus CEFs weighed
CLOs and leveraged loan closed-end funds (CEFs) offer structural trade-offs for senior and junior in...
News Round-up 27 April 2011 -
Branching out
CLO managers diversify to survive
European CLO managers are broadening their capabilities in order to compete in an ever-shrinking mar...
News Analysis 26 April 2011 -
CLO manager replacement confirmed
The replacement of Octagon Credit Investors (UK) by Ares Management as investment manager on the OCI...
Job Swaps 20 April 2011 -
CSAM CLO prepped
Further details have emerged on Credit Suisse Asset Management's forthcoming US$410m Madison Park Fu...
News Round-up 20 April 2011 -
Sea change in CLO opinion
New issuance growth for 2011in the US CLO market is expected to be between US$5bn-US$20bn, according...
News Round-up 20 April 2011 -
Combined firm to proceed with new CLO
The merger of Deerfield Capital and CIFC (see SCI 22 December 2010) has closed. The firms will now o...
Job Swaps 14 April 2011 -
Boost for structured products head
Joe Naggar, head of structured products at GoldenTree Asset Management, has joined the firm's partne...
Job Swaps 13 April 2011