US BSL CLO Managers: Top-Tier CLO Equity Performance Based on Deals Beyond Their RP
This study includes a sample of 439 seasoned deals that have concluded their reinvestment periods.
This study includes a sample of 439 seasoned deals that have concluded their reinvestment periods.
Despite this setback, CSAM made a strong recovery and, since August 2021, has outperformed its peers thanks to above-average metrics for MV and interest return alpha as shown in the second and third graphs.
If these deals are liquidated, UBS AM and Redding Ridge stand to earn incentive fees in the healthy current loan market.
US CLO Manager Report: CSAM
The recent pricing of Madison Park Funding XLIV (44) saw the deal’s liability notional downsized by around $79 million, from...
The top managers with the highest number of deals in the top quartile are Oak Hill Advisors, Golub Capital, CSAM, Benefit Street Partners, Sixth Street, Elmwood, CVC, Blackstone, and Blackrock.
