The new-issue market for collateralized loan obligations (CLOs) is picking back up after a brief lull over the holidays, and it appears that investors are still demanding a premium from less experience mangers.

In the past two days, Standard & Poor’s has published presale reports on three deals, which in CLO land is typically an indication that a deal has priced or that pricing is imminent. Two are from relative newcomers (or relative newcomers) Carson Capital and MidOcean Credit Partners, the other from long-time CLO manager Black Diamond Capital Management.

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