Bank Hofmann, a Swiss private bank based in Zurich, is in internal discussions about marketing its first collateralized loan obligation. It would be structured and launched by an investment bank and Hofmann would distribute it through its own network. The bank is talking to three houses about the deal, according to Sebastian Epp, product manager. Bank Hofmann is hoping to generate enough interest to buy the equity tranche of the CLO. It will look for a manager with the investment bank, because it does not have the expertise needed to manage a portfolio of loans.
Bank Hofmann Considers CLO