To fund the purchase of new debt, the CLO manager sells stakes in the CLO to outside investors in a structure called tranches. With a CLO, the investor receives scheduled debt payments from the ...

[18] The Court also acknowledged that the Ruling may result in the CLO structure becoming more widespread ... credit risk retention rules, see Morgan Lewis’ publication titled “A Guide to ...

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 ETF's floating-rate structure protects against rate hikes ... Although JBBB is a "B-BBB" rated CLO ETF, that does not mean all the companies' loans fall into that credit range; they'll ...