CLOs

A CLO is a collateralized loan obligation or collateralised loan obligation known collectively as CLOs. CLOs are CDOs that reference loans, such as leveraged loans, SME loans or a bank's whole loan book (a balance sheet CLO). They come in both managed CLO and static CLO form and can be market value CLOs or synthetic CLOs.


  • AM acquisition

    Sector developments and company hires

    Asset management acquisition Assured Guaranty US Holdings is set to acquire all of the outstanding...

    Market moves    9 August 2019
  • Track record

    Middle market origination processes scrutinised

    A deteriorating credit environment is expected to prove challenging for new US middle market loan pl...

    News Analysis    9 August 2019
  • New ventures

    Asset manager building out structured credit strategies

    BlueBay is expanding its structured finance and CLO investment strategies.&nbs...

    News Analysis    9 August 2019
  • Alt credit co-head hired

    Company hires and sector developments

    Alt credit co-head nabbed Ares has hired Joel Holsinger to its credit group as c...

    Market moves    7 August 2019
  • CLO partner appointed

    Sector developments and company hires

    CLO firm partner promotion DFG Investment Advisers has promoted Timothy Milton to partner. Since j...

    Market moves    6 August 2019
  • Keeping it private

    Public European middle market CLOs are struggling, but private deals are booming

    The success of middle market CLOs in the US and the ever-present search for yield has led to much ta...

    News Analysis    6 August 2019
  • SCI Start the Week - 5 August

    A review of securitisation activity over the past seven days

    Market commentary Portuguese RMBS outperformed other securitisation asset classes last week, booste...

    News    5 August 2019
  • CLO head hired

    Sector developments and company hires

    BUMF 6 injunctions granted Final injunctions have been granted against Greencoat Investments (GIL)...

    Market moves    2 August 2019
  • Performance model revealed

    Innovative approach highlights smaller manager outperformance

    Smaller, less well-known CLO managers often outperform their larger competitors, a new analytical mo...

    News Analysis    2 August 2019
  • Dual-tranche deal finalised

    Standard Chartered targets wide distribution

    Standard Chartered has completed a dual-tranche capital relief trade that references an undisclosed...

    News    2 August 2019
  • Affordable loan credit insurance risk transfer closed

    Sector developments and company hires

    Affordable CIRT closed Fannie Mae has executed a new credit insurance risk transfer (CIRT) transac...

    Market moves    31 July 2019
  • New podcast now live

    The operational steps to setting up a CRT and more...

    In this week's podcast, the team discuss the operational steps taken when putting t...

    News    31 July 2019
  • Winding up order issued for Clifden

    Company hires and sector developments

    Clifden wind up A winding-up order has been issued by the High Court of Justice of the Isle of Man...

    Market moves    29 July 2019
  • Closer look

    US CRE CLOs are booming, but caution is advised

    A landmark US CRE CLO is currently marketing and grabbing investors’ attention. Away from...

    News Analysis    29 July 2019
  • SCI Start the Week - 29 July

    A review of securitisation activity over the past seven days

    Transaction of the week Unusual securitisation backed by music rights collateral (SCI 23 July) SE...

    News    29 July 2019
  • BMO SRT launched

    BMO expands mid-market exposure

    Bank of Montreal (BMO) has completed a five-year financial guarantee that references US and Canadian...

    News    26 July 2019
  • Mortgage firm completes residuals sale

    Company hires and sector developments

    Residual sale Charter Mortgages is set to sell its residual economic interest in the Precise Mortg...

    Market moves    26 July 2019
  • Ratings efficiency

    NAIC decision to boost CLO of one volumes?

    CLO of one activity is rising, as direct lenders seek to broaden their syndication channels and insu...

    News Analysis    26 July 2019
  • Esoteric ABS head announced

    Sector developments and company hires

    Esoteric ABS head named MUFG has hired Keith Allman as md and head of esoteric ABS, effective Augu...

    Market moves    23 July 2019
  • ABS head named

    Company hires and sector developments

    Euro ABS head appointed Santander has hired Francesco Dissera as head of continential Europe, secu...

    Market moves    22 July 2019
  • Co-ceo named

    Sector developments and company hires

    Co-ceo named Värde Partners has named Ilfryn Carstairs as co-ceo, alongside co-founder Ge...

    Market moves    19 July 2019