Collateralized loan obligation

CVC Credit Prices Third New CLO Of 2022

Retrieved on: 
Thursday, June 23, 2022
Banking, Professional Services, Finance, Credit, CLO, US, AUM, Goldman Sachs, Collateralized loan obligation, LinkedIn, CVC, Konrad Cordatus, Security (finance), Bank

This is the third new issue CLO priced by CVC Credits transatlantic performing credit business has priced this year, following the pricing of Apidos XXXIX and Cordatus XXIII in February and March respectively.

Key Points: 
  • This is the third new issue CLO priced by CVC Credits transatlantic performing credit business has priced this year, following the pricing of Apidos XXXIX and Cordatus XXIII in February and March respectively.
  • Kevin OMeara, Partner, Portfolio Manager and Head of the US Performing Credit Business at CVC Credit, said: We are delighted to have priced CVC Credits second US CLO of 2022 with the collective expertise of our investment, structuring and operations teams, and having done so despite such volatile market conditions is a real achievement.
  • CVC Credit is the credit management business of CVC.
  • CVC Credit is a global credit asset manager with offices in the U.S. and Europe, more than 60 investment professionals and 32 billion assets under management.

VanEck Launches CLO ETF to Meet Demand for Rising Rate Alternatives

Retrieved on: 
Thursday, June 23, 2022
Other Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Accounting, Professional Services, Solution, CLO, Fund, Industry, Heart, Income, Gold, Bankruptcy, Senior, US, Virtus Investment Partners, Prospectus, Product management, Clos, Leadership, Research, Index, ETF, FLTR, BDC, Investment, LIBOR, Collateralized loan obligation, History, Risk management, Consumer, Pinebridge Bucks, Century, Risk, Security (finance), Financial services, Johnny Eck

In todays rising rate environment, the floating rate coupons of CLOs make them particularly attractive, said William Sokol, Senior ETF Product Manager at VanEck.

Key Points: 
  • In todays rising rate environment, the floating rate coupons of CLOs make them particularly attractive, said William Sokol, Senior ETF Product Manager at VanEck.
  • Im looking forward to partnering with VanEck on this strategy, which aims to allow investors to combine the value of CLOs with the transparency, liquidity and costs benefits of an ETF.
  • VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities.
  • An investment in VanEck BDC Income ETF may be subject to risks of investments in business development companies (BDC).

Onex Completes Successful Fundraise for Onex Structured Credit Opportunities Fund

Retrieved on: 
Thursday, May 5, 2022
Forward-looking statement, Onex Corporation, GLOBE, Fund, Toronto Stock Exchange, Collateralized loan obligation, Partner, ONEX, TSX, Clos, Security (finance), Onex

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced the successful fundraise of Onex Structured Credit Opportunities Fund (“OSCO”). In total, the inaugural Fund surpassed its $500 million target and received support from both existing Onex investors and new partners.

Key Points: 
  • TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX:ONEX) today announced the successful fundraise of Onex Structured Credit Opportunities Fund (OSCO).
  • In total, the inaugural Fund surpassed its $500 million target and received support from both existing Onex investors and new partners.
  • With OSCO, we continue to broaden our alternative and private credit offerings with a valuable complement to investor portfolios while leveraging our existing fundamental credit experience, said Ronnie Jaber, Managing Director and Head of Loans & Structured Credit at Onex Credit.
  • Onex platforms include: Onex Partners, private equity funds focused on mid- to large-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through tradeable, private and opportunistic credit strategies as well as actively managed public equity and public credit funds; and Gluskin Sheffs wealth management services.

Sycamore Tree Capital Partners Adds Two Institutional Marketing Leads

Retrieved on: 
Tuesday, April 26, 2022
Finance, Consulting, Banking, Professional Services, Other Professional Services, News, United States Navy, Consultant, Marketing, The Blackstone Group, Culture, Morgan Stanley Wealth Management, Clos, ICEX: US Navy Mission in Arctic, Collateralized loan obligation, Marketplace, Leadership, Bankers Trust, Goldman Sachs, Trust, Allianz Global Investors, Investment, College Hill, Providence, Rhode Island, Partner, Financial services, Security (finance), Allianz, Sycamore

Sycamore Tree Capital Partners (Sycamore Tree), a specialist asset manager with private and alternative credit investment expertise, announced today that Amanda Montgomery and Marc Gonyea have joined the firm in leadership marketing roles, as Sycamore continues to grow its relationships with institutional investors and consultants.

Key Points: 
  • Sycamore Tree Capital Partners (Sycamore Tree), a specialist asset manager with private and alternative credit investment expertise, announced today that Amanda Montgomery and Marc Gonyea have joined the firm in leadership marketing roles, as Sycamore continues to grow its relationships with institutional investors and consultants.
  • Gonyea was also a senior marketer at Benefit Street Partners and held similar positions at Och-Ziff Capital, The Blackstone Group, Goldman Sachs, and Bankers Trust.
  • We are delighted to welcome Amanda and Marc, two highly accomplished marketing professionals, to Sycamore Tree, said Jack Yang, President.
  • Sycamore Tree Capital Partners is a value-oriented, durable-alpha investment firm specializing in alternative credit.

Barrow Hanley Global Investors Launches Five Additional Mutual Funds

Retrieved on: 
Wednesday, April 13, 2022
Consultant, Foundation, Trillium, Real, Culture, LLC, Fund, Clos, Real estate investment trust, Research, ASX, Lists of disasters, ESG, Distribution, Investment, Growth, Prospectus, PPT, Environment, Solution, Shenzhen, History, Income, Collateralized loan obligation, Risk, Funding, Strategic management, Financial adviser, Financial services, Security (finance), Perpetual

DALLAS, April 13, 2022 /PRNewswire/ -- Perpetual US Services, LLC and Barrow Hanley Global Investors, subsidiaries of Perpetual Limited (ASX:PPT), today announced the conversion of six commingled private funds into five '40 Act registered mutual fund vehicles in order to provide streamlined investment solutions for clients. The newly reorganized funds include:

Key Points: 
  • Converting the private funds into mutual funds provides a modernized solution for clients", said Cory Martin, Chief Executive Officer of Barrow Hanley Global Investors.
  • Distributed by SEI Investment Distribution Co., member FINRA/SIPC; not affiliated with Perpetual Asset Management (Americas) or Barrow Hanley Global Investors.
  • Barrow Hanley stewards the capital of corporate, public, multi-employer pension plans, mutual funds, endowments and foundations, and sovereign wealth funds across North America, Europe, Asia, Australia, and Africa.
  • The division includes the operations of Trillium Asset Management (Trillium), a pioneering US ESG investment specialist, as well as Barrow Hanley Global Investors (Barrow Hanley), a diversified investment management firm that offers value-focused investment strategies spanning global equities, US equities and US fixed income.

MidOcean Partners Bolsters CLO Business With Appointment of Jamil Nathoo as Managing Director

Retrieved on: 
Thursday, January 20, 2022
Consulting, Banking, Professional Services, Finance, University, BNP Paribas, Paris, Clos, Collateralized loan obligation, HEC Paris, ABS, Growth, Syndicate, Partner, Syndication, CLO, List of The Jungle Book characters, Marketing, Deutsche Bank, BNP, Goldman Sachs, Head, Investment, Security (finance), Economics, MidOcean Partners

MidOcean Partners (MidOcean), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today that Jamil Nathoo is joining the firm as a Managing Director of MidOcean Credit.

Key Points: 
  • MidOcean Partners (MidOcean), a premier New York-based alternative asset manager specializing in alternative credit investments and middle-market private equity, announced today that Jamil Nathoo is joining the firm as a Managing Director of MidOcean Credit.
  • Based in New York, he will report to Dana Carey, Chief Investment Officer of MidOcean Credit.
  • Nathoo added, Since establishing its CLO platform nearly a decade ago, MidOcean has thoughtfully and strategically scaled the business, demonstrating the teams long-term commitment to meeting the demands of its CLO investors.
  • Mr. Nathoo brings more than 15 years of CLO market experience to MidOcean.

Janus Henderson Launches B-BBB CLO Exchange Traded Fund to U.S. Investors (JBBB)

Retrieved on: 
Wednesday, January 12, 2022
Professional Services, Finance, Janus, Income, City, ETF, Clos, ALPS, US, CFA, Exchange-traded product, NYSE, New, Solution, Janus Henderson, ASX, CLO, Collateralized loan obligation, Australian Securities Exchange, View, Industry, JAAA, Risk, AAA, Prospectus, JHG, Investment, Cereal, Security (finance), Bank

Janus Henderson Group plc (NYSE/ASX: JHG) today announced it has launched the Janus Henderson B-BBB CLO ETF (JBBB) for U.S. investors.

Key Points: 
  • Janus Henderson Group plc (NYSE/ASX: JHG) today announced it has launched the Janus Henderson B-BBB CLO ETF (JBBB) for U.S. investors.
  • The launch of JBBB follows the pioneering launch of the Janus Henderson AAA CLO ETF (JAAA), and provides investors with additional options to gain exposure in this highly specialized and traditionally hard-to-access asset class.
  • JBBB provides exposure to the floating rate CLO market in a liquid, transparent manner, said John Kerschner, Portfolio Manager at Janus Henderson Investors.
  • Janus Henderson is a trademark of Janus Henderson Group plc or one of its subsidiaries.

KANERAI Named Best CLO Valuation Service Provider in CreditFlux CLO Census

Retrieved on: 
Tuesday, January 11, 2022
Finance, Data Management, Professional Services, Technology, Software, Portfolio management, Clos, Collateralized loan obligation, Bias, CLO, Industry, Big data, Bloomberg Terminal, BVAL, Investment, Security (finance), Bloomberg

KANERAI, a global provider of structured finance investment analytics and enterprise data solutions, is pleased to announce it was named Best CLO Valuation Service via Bloomberg in the largest CreditFlux CLO Census to date.

Key Points: 
  • KANERAI, a global provider of structured finance investment analytics and enterprise data solutions, is pleased to announce it was named Best CLO Valuation Service via Bloomberg in the largest CreditFlux CLO Census to date.
  • Each year, CreditFlux surveys investors, collateral managers, bankers, traders, and service providers on key issues affecting the market and highlights the industrys preferred service providers.
  • KANERAI's Collateralized Loan Obligation (CLO) pricing methodology provides highly defensible valuations for CLOs backed by corporate loans and bonds.
  • In addition to being voted Best CLO Valuation Service Provider, KANERAI was recognized as a leading provider for CLO Analytics, Portfolio Management, and Secondary CLO Platform.

Sycamore Tree Capital Partners Closes Inaugural CLO Totaling $403.3 Million

Retrieved on: 
Tuesday, November 30, 2021
Professional Services, Finance, Insurance, Clos, Sycamore, Collateralized loan obligation, Dechert, NA, CLO, Risk, STCP, Security (finance), Bank

Sycamore Tree Capital Partners (Sycamore Tree), a specialist asset manager with private and alternative credit investment expertise, announced today the closing of the firms inaugural Collateralized Loan Obligation (CLO), Sycamore Tree CLO 2021-1, Ltd. (STCP CLO 1).

Key Points: 
  • Sycamore Tree Capital Partners (Sycamore Tree), a specialist asset manager with private and alternative credit investment expertise, announced today the closing of the firms inaugural Collateralized Loan Obligation (CLO), Sycamore Tree CLO 2021-1, Ltd. (STCP CLO 1).
  • STCP CLO 1 totals $403.3 million, with Citibank Securities, NA serving as the underwriter and Dechert LLP acting as legal counsel to Sycamore Tree.
  • We appreciate the markets reception to Sycamore Tree and our inaugural CLO, said Mark Okada, Chief Executive Officer.
  • Sycamore Tree Capital Partners is a value-oriented, durable-alpha investment firm specializing in alternative credit.

Medalist Partners Continues to Expand its CLO Platform with Latest Issuance

Retrieved on: 
Tuesday, October 12, 2021
Professional Services, Finance, CLO, Credit Suisse, Medalist, Collateralized loan obligation, Pension, BNP Paribas, HNW, Growth, Foundation, Clos, AUM

Medalist Partners is pleased to announce that it has priced Medalist Partners Corporate Finance (MPCF) CLO VII, a Collateralized Loan Obligation ("CLO") totaling $309 million.

Key Points: 
  • Medalist Partners is pleased to announce that it has priced Medalist Partners Corporate Finance (MPCF) CLO VII, a Collateralized Loan Obligation ("CLO") totaling $309 million.
  • This is the seventh deal issued by MPCF and brings current CLO AUM for the manager to approximately $1.4 billion.
  • Greg Richter, Medalist Partners CEO, added: "We are excited to accelerate the growth of our CLO platform.
  • Medalist Partners and its affiliates manage approximately $2 billion in AUM across strategies in asset-based private credit, structured credit and CLOs.