Total returns of 6-8% cannot fund 18% yields. ECC's subordinated position within the CLO structure and potential for elevated defaults in the leveraged loan space warrant caution for investors.

The debt tranches typically account for about 90% of total CLO liabilities, which combined with approximately 10% of equity comprise the entire capital structure. The tranches are ranked highest ...

NEW YORK, May 28, 2024--(BUSINESS WIRE)--Generate Advisors, LLC ("Generate Advisors"), the CLO management platform and subsidiary of Kennedy Lewis Investment Management LLC ("Kennedy Lewis"), an ...

Under the strategic investment agreement, Jefferies and Kennedy Lewis will provide up to $160 million in equity to the TCW CLO platform. This agreement will provide equity for the issuance of ...

The firms will invest across the CLO capital structure, looking at both debt and equity in the primary and secondary markets in the U.S. The fund will also invest in CLO warehouses.

The $20 billion Janus Henderson AAA CLO ETF (ticker JAAA), which invests in the highest-rated type of bonds known as collateralized loan obligations, saw nearly $600 million of withdrawals on ...