CLO Research

Summarised Findings (Monthly) ESG EU CLOs slightly underperformed their non-ESG counterparts on average'Equity-friendly' managers can deliver both equity-friendly and debt-friendly...

"If we pursue our habit of eating animals, and if our neighbour follows a similar path, will we not have...

EU CLO Managers: Alpha Across Vintages How do managers perform across vintages? This article features some of the most seasoned...

EU CLOs: 'Equity Friendly' Managers With Equity Friendly Investment Performance A sample of 207 deals (closed from Jan 2015 to...

EU CLOs: Performance Attribution of Equity Friendly Managers A sample of 207 deals (closed from Jan 2015 to Dec 2019)...

EU CLOs: Alpha And Performance Attribution Of 52 Managers A sample of 207 deals, (closed from Jan 2015 to Dec...

IRR of a recently redeemed EU CLO deal Aurium CLO II (managed by Spire Partners) has been redeemed recently. This...

It seems that investors are not really differentiating enough about CLO managers' performance or the CLO inherent structural leverage, which could present opportunities for savvy investors.

US CLO Managers: Seasoned Deals' Accrued Incentive Fees The table below shows the list of US managers who have accrued...

US CLO Managers: Seasoned Deals' Accrued Incentive Fees The table below shows the list of US managers who have accrued...

2017 US and EU CLOs: CLO Equity ("Amortized") Price Vs Equity NAV Table 1 below shows the gap between the...

2016 US and EU CLOs: CLO Equity ("Amortized") Price Vs Equity NAV Table 1 below shows the gap between the...

2015 US and EU CLOs: CLO Equity ("Amortized") Price Vs Equity NAV Table 1 below shows the gap between the...

Global CLO Market Passes $1 Trillion Milestone As per LCD and available trustee data on Intex as of 17 Aug...

EU CLO Managers: Seasoned Deals' Accrued Incentive Fees Managing CLOs in Europe is a fairly capital-intensive business given the risk-retention...