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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 -
Harvesting returns
CLO investors benefit from pre-summer purchases
Investors that entered the CLO market before the fierce summer spread rally are now beginning to rea...
News Analysis 14 October 2009 -
Recovery still distant for CLOs, CSOs
The credit quality of global credit derivatives is stabilising, according to a new Moody's report. H...
News Round-up 14 October 2009 -
Barclays said to be spinning off CLO portfolio
Barclays is planning to spin off £4bn of CLOs, according to an FT article. The report detai...
Job Swaps 14 October 2009 -
Babson set to take on more CLOs
Jefferies Capital Management is set to hand over the collateral management duties of St James River...
Job Swaps 14 October 2009 -
Change of collateral manager for Duane Street
Prudential Investment Management is set to assume the collateral management responsibilities for the...
Job Swaps 14 October 2009 -
Primary revival?
Japan leads Asia-Pacific ABS recovery
Eight Japanese ABS transactions were completed towards the end of September, making it one of the fe...
Talking Point 7 October 2009 -
CLOs brush off broader market sell-off
CLOs brushed off the broader market sell-off last week and set a near-term high in weighted average...
News 7 October 2009 -
CRE capital markets group formed
NewOak Capital has appointed Amy Levenson md and chairman of its newly formed commercial real estate...
Job Swaps 7 October 2009 -
CLO discount obligation definition amended
American Capital Asset Management says it intends to modify the existing discount obligation definit...
News Round-up 30 September 2009 -
New avenues
Can leveraged loans find investors away from CLOs?
High yield bond issuance has outstripped leveraged loan issuance by almost two to one year-to-date &...
News Analysis 30 September 2009 -
Bank undertakes jumbo CLO buyback
Barclays Bank has repurchased a portion of the notes issued by Newfoundland CLO I and amended the te...
News Round-up 30 September 2009 -
Manager establishes tax blocker subsidiaries
Invesco Senior Secured Management has amended its documentation to allow the issuers in 10 CLOs to e...
News Round-up 30 September 2009 -
CLO brings in collateral eligibility changes
MC Funding CLO, a middle market CLO launched in 2006, has been subject to a number of changes to col...
News Round-up 23 September 2009 -
Vehicle records 21.5% write-up in CDOs
The gross asset value (GAV) of Volta Finance Ltd was €64.4m at the end of August. This equ...
Job Swaps 23 September 2009 -
Euro CLO triple-C assets drop, defaults rise
S&P's European CLO performance index report for July shows that all four of its CLO cohorts...
News Round-up 23 September 2009