Both Style, Skill Set CLO Managers Apart
Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style.
Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style.
Upwards of $7 billion of collateralized loan obligations priced in December, bringing the total for the year to around $53 billion, and market participants say the 2012 pipeline is building.
The collateralized debt obligation (CDO) may not have a great reputation, but it has an important strength: versatility.
The much-maligned collateralized debt obligation appears to be set to play a crucial role in the recapitalization of commercial real estate. Only no-one is calling these deals CDOs.
Experience isn the only thing that sets managers of collateralized loan obligations apart, according to Scott D’Orsi, a partner with Feingold O’Keeffe Capital; it's also a matter of investment style
A much-maligned structure is being used to recapitalize debt-heavy commercial real estate.
KKR Financial Holdings has closed its $412 million CLO called KKR Financial CLO 2012-1, its first forray into the broadly syndicated securitization market since 2007.
In the second to last week of the year, the pace of CLO issuance is still going strong, with several deals making the rounds.
Hercules Technology Growth Capital said today it completed a $231 million collateralized loan obligation, the company’s first CLO.
DFG Investment Advisers, a New York-based money manager, is prepping its first collateralized loan obligation, the $317 million Vibrant CLO.
Standard & Poor’s issued presale reports on two collateralized loan obligations this week, putting issuance for the year to date near $50 billion, by the ratings agency’s count, and near the 2005 total of $53 billion.
An even wider range of securitizations, including some ABCP and CLOs, are now exempt from a requirement to register with the Commodity Futures Trading Commission.
The 2012 tally for CLO issuance is bound to surpass $47 billion this week, according to Standard & Poor’s.
RBC Capital Markets hired Ming Tang to its new collateralized loan obligations (CLOs) trading team, a spokesperson with the bank confirmed this week. A Bloomberg report said that Tang was previously at StormHarbour Securities LP where he traded collateralized debt obligations (CDOs) and CLOs. Tang will be based in in New York and will report […]
The $600 million Octagon transaction brings year-to-date CLO new issue volume to $49 billion
CREL CDO delinquencies registered their first rise since May 2012, Fitch Ratings reported based on its latest index results.
Moody's has downgraded MBIA Insurance Corp. to 'Caa2' and MBIA to 'Caa1.'
The firm's analysts offer their view on the fiscal cliff’s potential effect on each securitization sector and how this impact relative value.
Couldn’t load more articles. Try again.