SocGen grabs debut US CLO mandate amid ABS expansion

By Will Caiger-Smith
29 Apr 2015

Société Générale has bagged its first mandate to arrange a US-marketed CLO, as the French bank tries to assert itself in securitization stateside following a hiring spree.

SocGen has been hired as the arranger for Tiptree Financial owned Telos Asset Management’s next Credit Opportunities Fund CLO, according to a person familiar with the situation.

The deal would be SocGen’s first in the US, at least in recent memory. It is at ...

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