Ronald Borod and Jonathan Black, who were recently hired as structured finance partners  in DLA Piper's corporate and finance practice, are proposing a program that could supplement  the government’s Public Private Investment Program (PPIP).

Aside from this, both Borod and Black have worked together in engineering a vehicle for providing leverage for buyers in the distressed debt markets. Through this vehicle, they are bringing together market participants to elevate bid prices on distressed assets. Although specifically applied to the CMBS market currently, Borod and Black said that this technology could have some use for the CLO market as well.

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