Fair Oaks makes control investment in boutique manager's new CLO

By James Harvey

Fair Oaks has now fully invested the proceeds of its recent capital raise after taking a $25 million stake in a new CLO

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TAGS: Goldman Sachs Fair Oaks

Comment by: Sayed Kadiri. Posted 3 years ago [2015-11-10 13:46:08]

"Infrequent" or "patient" issuer is a good description, Anonymous. Allstate has roughly $108 billion in AUM, with just over a billion of that in CLOs. Are there other firms that have CLOs make up such a small part of their overall business?

Comment by: Anonymous. Posted 3 years ago [2015-11-10 13:33:41]

"Infrequent Issuer?" ;)

Comment by: Sayed Kadiri. Posted 3 years ago [2015-11-10 13:33:00]

It's not a boutique in terms of its overall asset management platform, however, with four CLOs under management Allstate is certainly a boutique CLO manager.

Comment by: Anonymous. Posted 3 years ago [2015-11-10 13:22:10]

Allstate is a "boutique?"