Real money investors’ move back into ABS deepens
GSO Capital Partners has taken over from Washington Square Investment Management as manager of Carador, the listed CDO equity fund. GSO has also hired the five executives in charge of Carador’s portfolio. Carador was the first publicly listed CLO equity fund. After Pimco’s ABS hires last week, EuroWeek asks if real money funds expect structured finance to bounce back.
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