CDOs

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.

The Federal Reserve Bank of New York announced today the sale of the rest of the securities in the Maiden Lane III (ML III) portfolio.

GoldenTree Asset Management’s latest CLO will allow for up to 40% of its holdings to be invested in bonds, a large portion atypical of CLOs.

The New York Fed will be offering non-agency RMBS contained in Maiden Lane III through sales scheduled for tomorrow.

Lehman Brothers Holdings has removed WCAS Fraser Sullivan as the manager of a portfolio of commercial loans.

The bank will pay over $6.5 million to settle claims that its brokerage firm and a former executive did not properly disclose risks in MBS investments.

The deal is Highbridge's first CLO and includes a $200 million tranche expected to be rated 'AAA' by S&P and Moody’s.

The insurer's net income improved to $376.5 million in 2Q12 from a net loss of $43.1 million in 2Q11.

With the passing of the fifth anniversary of the onset of the crisis, Fitch Ratings clarifies that the structured finance market is “not the culprit” of the economic downfall that hit in July 2007.

For years, U.S. banks, and especially the largest ones, have dreaded the seemingly inevitable arrival of new and more burdensome regulatory capital requirements. U.S. banking regulators' proposal to revamp those requirements, issued in mid-June, should dispel many of their fears, although the proposal is likely to result in extra work for U.S. banks and may put them at a disadvantage to global competitors in the ABS market.