CLO/CDO

  • New LA-based asset manager acquires CLO contract

    New LA-based asset manager acquires CLO contract

    Ducenta Squared Asset Management recently obtained the management contract for a CLO managed by Tortoise Credit Strategies, a firm that Ducenta acquired in April, according to a source familiar with the purchase.

  • People moves in brief

    People moves in brief

    Palmer gets interim ECM head gig at BofA — Clarke to join JP Morgan for FIG — Paz-Galindo promoted at UBS

  • Roster of CLO managers thins as Covid reshapes space

    Roster of CLO managers thins as Covid reshapes space

    The number of new managers entering the CLO market has dwindled in 2020 as a result of the pandemic crisis, interrupting years of growth that peaked with an average of 10 new managers a year since 2017.

  • European CLO primary set for slowdown, says Investcorp

    European CLO primary set for slowdown, says Investcorp

    The European CLO summer slowdown is set to persist into autumn as pre-Covid warehouses run dry, and CLO 3.0 structures take time to mature, according to Investcorp, which has closed two euro CLOs in 2020 to bring its total European CLO assets under management to more than €7bn.

  • Palmer Square to bring static CLOs to Europe

    Palmer Square to bring static CLOs to Europe

    Kansas-based investment manager Palmer Square Capital Management is planning to issue two static CLOs in Europe this year, broadening the reach of a strategy that the manager has had success with in the US.

  • Managers line up six new CLOs

    Managers line up six new CLOs

    Managers are working on a wave of new CLOs to be priced the coming weeks, as conditions in the market continue to improve and stabilize heading into August.

  • US CLO managers plot European expansion

    US CLO managers plot European expansion

    More US CLO managers are growing their presence in Europe, enticed by a tighter market for the bonds, growing demand from investors and a more contained Covid-19 crisis compared with the US, sources tell GlobalCapital.

  • CLOs gain momentum as managers see mid-summer pricing window

    CLOs gain momentum as managers see mid-summer pricing window

    Wellfleet Credit Partners and Carlyle Group priced new CLOs last week, adding to a growing pool of new deals that have cleared the pipeline in recent weeks as investors and managers settle into a stabilized market, according to sources.

All CLO/CDO Articles