UNIQA Eyes CLOs

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UNIQA Eyes CLOs

Vienna-based UNIQA Alternative Investments is looking to invest up to ¤75 million in collateralized loan obligations and another ¤40 million in euro-denominated commercial mortgage-backed and residential mortgage-backed deals, according to Philipp Mayer, portfolio manager.

Vienna-based UNIQA Alternative Investments is looking to invest up to ¤75 million in collateralized loan obligations and another ¤40 million in euro-denominated commercial mortgage-backed and residential mortgage-backed deals, according to Philipp Mayer, portfolio manager. UNIQA is a specialist ABS and CDO manager with about ¤1.3 billion in third-party assets under management and is acquiring collateral to ramp up two CDOs of triple- and double-B collateral. When investing in CLOs, Mayer said UNIQA will only participate in deals from experienced managers such as Babson Capital Europe and Alcentra Group.

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