Palmer Square to bring static CLOs to Europe

Kansas-based investment manager Palmer Square Capital Management is planning to issue two static CLOs in Europe this year, broadening the reach of a strategy that the manager has had success with in the US.
“We believe it will be the first static CLO in Europe,” said Chris Long, founder and CEO of Palmer Square, which manages about $11.6bn in assets, much of which comprises static CLOs.
For the remainder of 2020, Long added, the firm is also planning two more static deals for ...Already a subscriber? Login