Centerbridge joins growing ranks of hybrid CLO managers

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Centerbridge joins growing ranks of hybrid CLO managers

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Warning at crossroad saying yield and person sign on asphalt | Yevgenia Gorbulsky - stock.adobe.com

More managers are eyeing the rare US CLO structure which combines both leveraged loans and high yield bonds, in search of more flexibility, and to capitalize on the mispricing between the high yield and leveraged loan markets.

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