Ellington pair anchor Nassau’s new euro CLO shop

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By Owen Sanderson
09 Sep 2020

Connecticut-based Nassau Corporate Credit is starting a European CLO operation led by former Ellington portfolio managers Paul Meloche and Hekeani Mathieu. The new business will buy CLO liabilities from third parties as well as running its own CLOs.

The company said in a release that it will “apply the company’s successful US strategy in Europe, enabling Nassau Corporate Credit to geographically diversify and globalise its approach in new markets”.

It has seven US CLOs outstanding, and expects to pass $3.5bn in AUM by the end of this ...

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