A portfolio of private credit loans managed by BlackRock has performed so poorly that the money manager has waived some management fees – a rarity in the credit world. The asset manager funded the ...
A portfolio of private credit loans managed by BlackRock Inc. has performed so poorly that the money manager has waived some management fees – a rarity in the credit world. The asset manager funded ...
Collateralized debt obligations got a bad rap from movies like “The Big Short.” But the story could be different for their cousin, collateralized loan obligations. “During that rising rate period … ...
Investors in collateralised loan obligations (CLOs) have shrugged off the high-profile bankruptcy of auto parts maker First Brands despite ongoing pressure in the riskiest CLO segment. Because the ...
(Bloomberg) -- Exchange-traded funds that hold bundles of corporate loans last week notched their first outflows since April, in the latest sign that investor concerns over credit quality are mounting ...
Investment manager Wellington Management has been an active participant in the collateralized loan obligation market for years and plans to continue investing in both the debt and equity side of the ...
Orrick is targeting growth in the CLO market, where innovation is being driven in the U.S. and, increasingly in the U.K., by the convergence with private credit. Orrick Herrington & Sutcliffe has ...
NEW YORK--(BUSINESS WIRE)--Anthelion Capital, a technology-enabled asset manager, today announced the successful closing of Anthelion CLO 2025-1 Ltd., its debut US collateralized loan obligation (CLO) ...
The commercial real estate collateralized loan obligation (CRE CLO) market offers lenders flexibility and investors exposure to diversified real estate debt. As interest rates elevated, the sector ...
Collateralized loan obligation issuance tied to commercial real estate so far this year is on pace to trounce that seen in 2024. Roughly $7.4B in commercial property-backed CLOs had been issued as of ...
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha ...
A lot of market uncertainty remains as we round out the first quarter of 2025, but one bright spot amid the murkiness has been the continuous stream of capital markets deal flow. An alert from the CRE ...