Latest news:

Australian private credit fund-of-funds launched for retail investors
New Mexico pension system approves USD 150m top-up to distressed debt fund
Antares hires CSAM managing director
European reset highlights weakness in mezz despite robust senior demand
Elmwood prints eighth deal this year
Partnership with Jefferies bears fruit as manager returns to CLO primary
MGG raises more than USD 400m in first close of lower middle market fund
Cheyne returns to SRT market with eye-catching hire
US resets continue as Redding Ridge joins in
Sycamore resets and upsizes 2023 vintage CLO
Baltimore pension system puts USD 35m into private credit fund
2020 US CLO gets a refi
Blackstone refinances 2018 US CLO
CVC joins short-dated trend for latest US CLO
CSAM gets happy ending as CLO 69 prices
European WAL test language is getting a little looser finds Dealscribe
New short-dated CLO brings triple-As down to 132bps
Oaktree makes it two new US CLOs this year
Symphony refis triple-As from TIAA’s debut CLO
Sound Point refinances triple As of 2020 vintage CLO

Arrangers split on whether risk retention will shrink CLO manager universe

Friday, May 15, 2015

Symposium attendees predict sharp drop in the number of managers able to complete a deal in first half of next year

TAGS: Risk retention

Comment by: Anonymous. Posted 8 years ago [2015-05-15 16:01:46]

Like any other financial product, CLO is function of arbitrage and demand. So long as there's enough room to squeeze in the fee structure and price of retention vehicle, market can efficiently price other factors such as liquidity and credit.

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CLOs

European reset highlights weakness in mezz despite robust senior demand 13 hours ago
Elmwood prints eighth deal this year 13 hours ago
Partnership with Jefferies bears fruit as manager returns to CLO primary 1 day ago
US resets continue as Redding Ridge joins in 1 day ago
Sycamore resets and upsizes 2023 vintage CLO 1 day ago

more stories...