There is plenty of uncertainty heading into 2025, and that's actually good for the U.S. collateralized loan obligation (CLO) ...

Pearl Diver Credit Company launched its first fixed-income security, PDPA, an 8.0% Series A Term Preferred Stock. Read more ...

The following diagram presents a waterfall structure. For those unaware ... For example, a company might issue a CLO; the AAA tranche will receive cash flows before the BBB, limiting its default ...

Nathoo, Managing Director, added, “We believe MidOcean’s long track record in the CLO sector, combined with our innovative fund structure and differentiated investment approach, contributed to ...

Are you hiding the risk somewhere else in the structure?” he asked. Lamont said the push towards a public/private ... with many companies relying on loans as well as bonds to fund their businesses.

CLO Business Continues to Serve as Significant Growth Engine for MidOcean Credit Platform NEW YORK, December 17, 2024--(BUSINESS WIRE)--MidOcean Partners ("MidOcean" or the "Firm"), a premier New ...

The effort is in part meant to harvest some of the value the team sees in highly rated CLO tranches as a result of heavy issuance, driven by high demand for their lower-quality tranches.

Alternative asset manager MidOcean Partners has obtained $304 million of capital commitments for its first fund that will invest in the riskiest tranches ... for MidOcean CLO Equity Fund I in ...