Funding boost for online lender

Category: ABS CLOs CMBS

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Sector developments and company hires

Alesco CDOs transferred

The collateral management agreements for the Alesco Preferred Funding X to XVII Trups CDOs have been assigned to Hildene Collateral Management Company (HCMC), an affiliate of Hildene Capital Management. Under the terms of the assignments, HCMC agrees to assume all the responsibilities, duties and obligations of the current collateral manager (ATP Management) under the agreements and under the applicable terms of the indentures.

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