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Boutique adds in high yield
Pali Capital has continued the expansion of its high yield sales and trading team with the hiring of...
Job Swaps 1 July 2009 -
T2 begins CLO buyback ...
The T2 Income Fund has purchased approximately US$1.1m of face value Class B second priority senior...
News Round-up 1 July 2009 -
Real estate fund to target Europe
The Blackstone Group has closed its latest real estate fund, Blackstone Real Estate Partners Europe...
Job Swaps 1 July 2009 -
Further healthy CLO BWIC activity
Structured credit analysts at JPMorgan report that around six BWICs traded last week, mostly in US C...
News Round-up 1 July 2009 -
... while second Metrix buy-back sees limited interest
The second tender for notes from HSBC's Metrix CLO issues has expired with no further bonds tendered...
News Round-up 1 July 2009 -
Middle market platform launched
Steve Shenfeld has joined the newly formed Mid-Ocean Credit Partners unit as president. Shenfeld wil...
Job Swaps 1 July 2009 -
Dispute arises over CLO manager replacement
The controlling class of Hudson CLO 1 is trying to remove Aladdin Capital Management UK as collatera...
Job Swaps 1 July 2009 -
Trading and advisory capability for credit manager
The Chenavari group has established an advisory and broker-dealer company called Chenavari Financial...
Job Swaps 1 July 2009 -
Liquidity rising?
Secondary CDO activity buoyant, in spite of downgrade threat
The recent rally in CLOs and in credit more broadly has supported the burgeoning liquidity in the CD...
News Analysis 24 June 2009 -
Structured sales and trading operation launched
Aladdin Capital has launched a sales and trading operation in London, as part of the firm's ongoing...
Job Swaps 24 June 2009 -
Loan recoveries shift dramatically lower
Based on data obtained from its shadow rating process for CLOs and other structured vehicles, Fitch...
News Round-up 24 June 2009 -
Moody's launches CLO newsletter, reviews EODs
To help market participants stay current on its ongoing views of credit issues involving CLOs, Moody...
News Round-up 24 June 2009 -
Senior advisor joins CDPC asset management unit
Primus Asset Management has appointed Bryan Dunn as new senior advisor to the company. Dunn, who wil...
Job Swaps 24 June 2009 -
Synthetic CLO bought back
Rabobank's tender offer for its synthetic balance sheet CLO Sundial 2004-1 saw €199m of no...
News Round-up 24 June 2009 -
What lies beneath
Is the mezz CLO rally more than just positive technicals?
Mezzanine CLO tranches last week saw unprecedented upward price momentum, suggesting that positive t...
News Analysis 17 June 2009 -
Triple-C assets increase in Euro CLOs
The performance of European CLO transactions continued to deteriorate in April, according to S&a...
News Round-up 17 June 2009