-
Upgraded SF operations platform unveiled
Principia Partners has launched Principia Structured Finance Platform (SFP) Version 6.2. The latest...
News Round-up 28 October 2009 -
Partnership to provide enhanced CDO sensitivities
Numerix has partnered with CDO Software to provide advanced pricing and risk sensitivities across sy...
Job Swaps 28 October 2009 -
US CLO transactions downgraded
S&P has lowered its ratings on 216 tranches from 42 US CLO transactions and removed them fro...
News Round-up 28 October 2009 -
Double-A CLO rally 'highlights pricing disconnect'
Strong demand in BWICs and off-list trading pushed US CLO prices up again last week. According to da...
News Round-up 28 October 2009 -
Name change for permacap
T2 Income Fund Ltd has announced that, following the passing of the relevant resolution at its 16 Oc...
Job Swaps 28 October 2009 -
Euro CLO triple-C assets rise
The 2004, 2005 and 2006 CLO cohorts witnessed an increase in the percentage of assets rated in the t...
News Round-up 28 October 2009 -
Downward rating pressure continues for Euro CLOs
Increased loan defaults and negative rating migration in Europe's leveraged loan market are continui...
News Round-up 28 October 2009 -
Citadel calls early end to CLO's reinvestment
Watchtower CLO 1, a Citadel-managed transaction that launched in April 2005, is to be wound down ear...
News Round-up 28 October 2009 -
No respite
Pressure still increasing for CLO managers to consolidate
Optimism in the structured credit market has not alleviated the strain on CLO managers, many of whic...
News Analysis 21 October 2009 -
Investment bank expands in valuations
Houlihan Lokey has hired Kai-Ching Lin to its firm's New York office as an md, specialising in the v...
Job Swaps 21 October 2009 -
Market value assumptions to be revisited
S&P is continuing its review of the assumptions and methodologies that it uses to assign rat...
News Round-up 21 October 2009 -
US CLO spreads firm, while European prices rise
US CLO spreads stayed firm last week, but European CLOs traded up. According to data from JPMorgan,...
News Round-up 21 October 2009 -
Shares up for Carador
Carador's NAV per share as of 30 September was €0.425 or US$0.55 - up by 4.88% a...
Job Swaps 21 October 2009 -
Deep discount amendments for two CLOs
Churchill Pacific Asset Management has amended the documentation on two transactio...
News Round-up 21 October 2009 -
Additional share raise for CLO vehicle
T2 Income Fund reports that it has conditionally raised £11m, before expenses, by way of a...
Job Swaps 14 October 2009 -
Two new CLO funds to launch
Pearl Diver Capital, a UK-based structured finance asset management firm, plans to launch two new CL...
Job Swaps 14 October 2009