Credit Suisse Asset Management (CSAM) is in the market with its latest CLO, Atrium CDO 2. Andrew Marshak, a managing director at CSAM, referred calls to the underwriter, Credit Suisse First Boston . Officials within the CDO group did not return calls. The deal is said to be approximately $250 million, with price talk on the triple-A tranche below LIBOR plus 50 basis points.
Separately, Michael Buchanan has joined CSAM from Janus Capital Management as head of U.S. credit products. At Janus, Buchanan was executive v.p. and portfolio manager for high-yield products.