Top-Tier CLO Equity Performance Among US BSL CLO Managers
This analysis examines a sample of 979 deals currently within their reinvestment periods.
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This analysis examines a sample of 979 deals currently within their reinvestment periods.
The equity tranche IRRs for 2.0 US CLO deals by vintage are summarised in the table below, based on a sample of 619 fully redeemed deals from the 2012–2020 vintages. An issue price of $95 has been assumed, with residual values and incentive fees factored into the IRR calculations. The final equity NAV includes both the last equity distribution and accrued interest.
US CLO Manager Report: Brigade
US CLO Manager Report: New York Life
US CLO Manager Report: Irradiant Partners
US CLO Manager Report: Ballyrock
US CLO Manager Report: Invesco
US CLO Manager Report: Aegon
A sample of 409 deals (2015–2019* vintage deals) is included in this study. The benchmark loan index used is the...
A sample of 409 deals (2016–2019* vintage deals) is included in this study. The benchmark loan index used is the...
US CLO Manager Report: Marble Point
The table below presents the average IRRs, annual distributions, final equity NAVs, and the time to the last payment date prior to a call, organised by vintage. This analysis is based on a sample of 152 US CLO deals redeemed year-to-date in 2024, categorised by vintage, with an assumed issue price of $95.
Please find below the estimated US CLO equity IRRs of a sample of 117 US CLO deals that were redeemed in 2024 year-to-date, categorized by vintage. An issue price of $95 is assumed.
This study includes a sample of 952 deals that are still in their reinvestment periods. How do the 2013–2022 vintage...
How do the 2012–2022 vintage US BSL CLO deals perform in terms of cumulative equity distributions plus NAV?
