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Highland Capital Management, which last week returned investments and closed its CLO Value Fund I, is preparing to kick off another similar fund, according to a source familiar with the matter.
February 11 -
ING Alternative Asset Management, a unit of ING Investment Management, has been appointed as the successor collateral manager for three CLOs previously managed by Avenue Capital Management II.
February 10 -
Highland Capital Management, an investment management firm based in Dallas, Texas, completed its CLO Value Fund I and that the fund has provided 138% gross
February 4 -
Jefferies has hired Sharif Anbar-Colas as its global head of CLO and CDO trading, an addition that is part of the firm's expansion of its fixed income business, the New York-based investment bank said today.
February 3 -
It's fitting that the ASF conference is being held in Washington, D.C. Uncle Sam, after all, has been playing a crucial role as securitization's savior as well as working double time to alleviate the problems plaguing the mortgage market.
January 29 -
"There are snakes that go months without eating. And then they finally catch something, but they're so hungry that they suffocate while they're eating. One opportunity at a time." - Don Draper, Mad Men
January 29 -
A Milwaukee County Circuit Court judge ruled yesterday that a lawsuit filed by five southeastern Wisconsin school districts against several financial firms over the safety of an investment involving synthetic CDOs can proceed.
January 29 -
Nixon Peabody expanded its securitization and structured finance group as well as its corporate trust team.
January 27 -
Investment management firm Babson Capital Management has been selected by the controlling class of investors to serve as successor collateral manager of two CDOs previously managed by Tricadia Loan Management.
January 27 -
Prior to the recent dark age of credit, CLOs were kings in the land of the leveraged loan, a seat of power that diminished as the recession wore on and the loans in their fiefdoms lost value, causing a medieval-like bleeding of cash. But now sources say CLO cash is back, and the funds may once again be influencing the primary loan market.
January 22
