Creditflux
Global credit funds & CLOs
June 2020
|
Issue 224
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News
“In some deals, CLO managers can make the switch at their discretion ”
David Quirolo
Partner, Cadwalader
CLOs look at flipping frequency switch as corporates hold cash
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Data
CLO tranches move up
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Analysis
Europe’s newcomers find ways to stand out
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Opinion
Forced selling triggered by downgrades has created crossover opportunities
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Event
A different kind of crisis


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THEY SAID IT
“We want to help set standards for the industry”
PGGM’s Mascha Canio on co-investing in SRTs
“It takes a reasonable amount of frustration for small managers to capitulate”
Berkshire’s Ted Gooden says small managers can hang on for a while, but this crisis may lead to rapid consolidation
“European CLOs have higher quality collateral pools”
TwentyFour’s Elena Rinaldi explains why US and European CLOs are pricing apart
“Some CLOs were passing OC tests, only to fail the next day”
Eagle Point’s Tom Majewski points out that OCs only provide a point-in-time measure of performance
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Global credit funds & CLO's
June 2020
| Issue 224
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