EU CLO Managers: Equity Performance Assessment (Latest)
A sample of 591 EU CLO deals is used in this study. Among the 65 managers, six managers’ deals ranked, on average, within the top 20% across vintages.
A sample of 591 EU CLO deals is used in this study. Among the 65 managers, six managers’ deals ranked, on average, within the top 20% across vintages.
The reset of Bridgepoint CLO VI reduced its WACC by 29.4 bps, more than offsetting the 27.2 bps decline in its collateral WAS since its first reporting date in August 2024. This reset saw its AAA tranche tighten by 19 bps, from 149 bps to 130 bps. At 130 bps, the AAA tranche represents strong value for AAA investors.
A sample of 544 EU CLO deals (vintage 2013–2024) is included in this study. Deals with a collateral pool factor below 60% are excluded.
On 15 October 2025, several single-B tranches traded with cover bids ranging from 825 DM to 1,001 DM, and MVOCs ranging from 102h to 105h.
Some of the top-performing EU CLO managers include RRAM, Brigade Capital, Guggenheim Partners, Partners Group, and Bridgepoint Credit Management.
Since mid-July 2022, when 3M EURIBOR moved into positive territory and began its upward trajectory, the EU CLO primary and...
