Large, liquid loans aren’t always perfect

By Tanvi Gupta, research by Charlie Dinning

CLOs could be forgiven for rushing to buy Refinitiv loans — after all it was the biggest LBO since the crisis. But some large managers have abstained, while others have bought opportunistically

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TAGS: CLO Secondary market CIFC CSAM Fair Oaks Garrison Leveraged loans Blackstone Primary market Performance North America CBAM