Award-winning CLO achieves third-highest IRR of all time
A $717 million CLO, which won multiple Creditflux performance awards, was redeemed last week
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This list is mixing apples and oranges - it includes non-CLO transactions: Dryden 1 was a CBO. Zing V was a CDO of CDOs. GoldenTree HY Opps II was a CBO. The table should list only CLOs.
Still disappointed that your reporting is missing Jackson Creek CDO, a $200 million 2003 "discount" bond CDO transaction managed by former Jefferies Capital Management, the first of 6 CDO transactions (+5 CLOs) that the team issued after coming over from TCW in 2002. The transaction was co-managed by Babson and brought to market through Jefferies & Company. The transaction was liquidated successfully in 2005 with a 52% IRR (1.87x return of capital) and ranks as your second top performing fund. I raised this point the lst time this column was published and I ask that you revisit the data for next time. Thanks. Mark Senkpiel.
CLOs
- WAMCO keeps the resets rolling with rework of 2023 CLO 3 hours ago
- Elmwood resets 2021 vintage US CLO 3 hours ago
- Ares add new European CLO to its roster 3 hours ago
- Sona returns to debut CLO to draw-down single B tranche 3 hours ago
- Blackstone makes it three new European CLOs this year 3 hours ago
Comment by: James Harvey. Posted 9 years ago [2015-01-28 13:00:23]