CRT tranche downgraded

Category: ABS CDO CLOs


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Sector developments and company hires

Acquisitions

Spruce Finance has been acquired by HPS Investment Partners. Spruce will be headquartered in Houston and maintain its executive and M&A offices in San Francisco. Christian Fong has joined the company as president and ceo after holding a position as co-chairman of the board of directors since early 2017.

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