Start-Up Preps CDO For May

18 Apr 2007

CirclePoint Asset Management plans to launch its first collateralized debt obligation by mid-May.

--Olivia Thetgyi

CirclePoint Asset Management plans to launch its first collateralized debt obligation by mid-May. The deal would be around $1.5 billion, according to Timothy Quinn, cfo. The new manager is currently in the process of choosing its underwriter.

CirclePoint is a subsidiary of Japanese trading company Marubeni. The ...

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