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BarCap reclassifies CLO portfolio
Barclays Capital has reclassified £8.03bn of CLO assets wrapped by non-investment grade rat...
News Round-up 17 February 2010 -
RMBS valuation methodologies 'converging'
Investors' default rate forecasts for collateral have risen dramatically in nearly all classes and v...
News Round-up 17 February 2010 -
Kohlberg faces fair value suit
Glancy Binkow & Goldberg has filed a class action lawsuit in the US District Court for the C...
Job Swaps 17 February 2010 -
Illiquid solution
Celestino Amore, md and founder of IlliquidX, answers SCI's questions
Q: How and when did IlliquidX become involved in the structured credit market? A: IlliquidX is a...
Provider Profile 10 February 2010 -
Hermes flies again
Dutch RMBS remarketed in softening secondary market
SNS Bank has remarketed and placed one tranche of its previously-retained Hermes XIV RMBS against th...
News Analysis 10 February 2010 -
Staying firm
US secondary market CLO activity to 9 February
As with its European counterpart (SCI passim), the secondary US CLO market continues to thrive in it...
News Analysis 10 February 2010 -
New strategies
Dislocation funds repositioned for next wave of opportunity
Two structured credit fund managers - Highland Capital Management and Declaration Manageme...
News Analysis 10 February 2010 -
Transparency for valuation assumptions
S&P's Fixed Income Risk Management Services (FIRMS) has launched a transparency initiative t...
News Round-up 10 February 2010 -
Mezz CLO hedges recommended
Mark-to-market investors that have already made substantial gains on mezzanine CLO tranche positions...
News 10 February 2010 -
Washington heights
Regulation, RMBS dominate ASF discussions
The location, in Washington DC, of last week's American Securitization Forum (ASF) conference was ai...
Talking Point 10 February 2010 -
Clayton hires ex-MBS trader
Mortgage risk analysis provider Clayton Holdings has hired Raymond Redlingshafer as senior md. Red...
Job Swaps 3 February 2010 -
Holding steady
Peter Cooper/Stuyvesant impact reviewed
Tishman Speyer and Blackrock Realty, sponsors for the US$3bn securitised Peter Cooper Village/ Stuyv...
News Analysis 27 January 2010 -
Credit advisory agreement inked
Christopher Street Capital and Credaris have signed a cooperation agreement to operate in the fixed...
Job Swaps 27 January 2010 -
Illiquid alternative asset boutique launched
A new boutique has launched to source secondary market transactions on illiquid hedge funds, includi...
Job Swaps 27 January 2010 -
Minority stakeholder for Markit
Global growth investor General Atlantic is to make a substantial equity investment in Markit. Genera...
Job Swaps 27 January 2010 -
New valuation challenges
Andrew Smith, founder and president, and Bruce Lohman, md at Houlihan Smith & Co, discuss th...
In December 2009, the Fed reiterated its anticipated expiration dates of the Term Asset-Backed Loan...
Talking Point 27 January 2010