CDOs

SEC chairwoman Mary Schapiro criticized the prevailing pay model for ratings agencies on Tuesday.

ABS East 2012, organized by Information Management Network (IMN), is on track to be a little bigger and more upbeat than last year’s conference.

S&P said that due to overlaps in exposure, synthetic collateralized debt obligations in Europe were at a heightened risk of synchronized ratings moves.

Investment bank EA Markets is muscling up their structured finance team by bringing on three new hires: Neil Winward, Greg Raykher, and Gerry Kaufman.

The merger between T-Mobile with MetroPCS Communications is a modest credit positive for collateralized loan obligations, In terms of CLO exposure, S&P reported that MetroPCS is in 331 deals and is the 26th ranked obligor.

Jeffrey Gundlach, the CEO of DoubleLine Capital whose home was burglarized earlier this month, has offered some $1.7 million for information leading to the recovery of stolen artwork.

Citigroup is marketing a $655 million collateralized loan obligation for Carlyle, the private equity firm's third deal this year.

The CLO manager said today that it had tapped Jess Larsen for a new role developing and managing relationships with institutional investors in Europe and the Middle East.

Barclays Capital analysts expect that publicly placed issuance for 2012 in the European asset-backed market will exceed their original forecast.

Survey respondents also expect two important buyers of loans, CLOs and loan mutual funds, to boost their assets in 2013.

Partners Group has raised a €375 million ($480 million) fund that will invest in senior secured bank loans and make direct loans to midmarket companies, the firm said today.

The Stamford, Conn.-based firm is marketing a cash-flow deal with a target par amount of $250 million.

Paris-based independent cooperative finance firm Groupe GIAC arranged the €80 million cash transaction. GIAC provides long-term financing to French companies.

Paris-based independent cooperative finance firm Groupe GIAC arranged the €80 million cash transaction. GIAC provides long-term financing to French companies.

This month ASR tackles a wide range of topics, from thorny issues such as regulations and eminent domain to the delayed onset of securitization of REO-to-rent homes.

The high yield bond market isn’t the only corner of the debt universe to defy the traditional sleepiness of August this year and keep churning out deals—the leveraged loan and CLO markets have declined to take their summer siesta as well.

U.S. District Judge Sidney Stein in Manhattan today granted preliminary approval to the agreement and ordered a hearing for Jan. 15.

Daniel Ornstein joined GoldenTree and is cohead of its trading business along with Corey Geis.

The most recent collateralized debt obligation rated by Standard & Poor’s would bring total issuance in the sector in the year to date to $23.8 billion, according to the agency.