The collateralized loan obligation (CLO) market suffers from several misconceptions. The first is that it is a small, risky corner of the financial system. In fact, more than US$ 850 billion is ...

Japan’s Norinchukin Bank, formerly the biggest buyer in the CLO market, has begun looking at deals again, according to people with knowledge of the matter. Wells Fargo & Co. , absent for much of ...

For CLO managers, Wells Fargo’s recent return to the market is welcome. While more firms have entered the market to buy AAA CLO bonds, few are as large as US and Japanese banks, which still ...

Norinchukin Bank participated in a CLO deal worth more than $500 million (¥55.5 billion) for Octagon Investment Partners, refinancing an existing transaction at cheaper rates in what’s known as ...

A spate of hedge funds and asset managers are diving into the US$1.3 trillion collateralised loan obligation (CLO) market with debut vehicles, fuelling demand for new leveraged loans and pushing ...

A repeat of the market disruptions seen in 2020, when CLO equity valuations plummeted amidst extreme volatility and liquidity concerns, would be devastating for CLO CEF prices.

Best new middle-market CLO. Cerberus Loan Funding XXXIX. Cerberus Business Finance. Best middle-market CLO. Golub Capital Partners. CLO 46(M) Golub Capital. Best private closed-end CLO fund.

Crestline Investors, Inc., a global alternative investment manager, today announced that it has closed Crestline Direct Lending CLO I, LLC, a $1 billi ...