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 ...
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 ...
Eldridge, an asset management and insurance holding company with approximately $70 billion in assets under management, today announced that its asset management division, Eldridge Capital Management, ...
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 $1.7T syndicated loan market and the multi-hundred-billion-dollar CLO market have long operated through manual, time-consuming processes that create inefficiencies and limit liquidity for ...
High yields allow you to generate more cash flow from your capital, which can aid investors who want to use asset income to cover some of their living expenses. Some investors are turning to ...
The biggest buyers of leveraged loans are getting pushed to the sidelines, which is set to make it harder for riskier companies to tap the $1.4 trillion market for such debt. Money managers are poised ...