Blackstone, RBC BlueBay, and Others See Equity Tranches Stand Out in BWICs (Updated)
Yesterday saw active trading in CLO equity. Blackstone, RBC BlueBay, Alcentra, and PGIM See Equity Tranches Stand Out in BWICs
Yesterday saw active trading in CLO equity. Blackstone, RBC BlueBay, Alcentra, and PGIM See Equity Tranches Stand Out in BWICs
Among the top performers are Oak Hill Advisors, UBS AM, and Palmer Square Capital Management.
EU CLO equity has outperformed US CLO equity, based on BWIC colour from a sample of approximately 446 equity tranches traded since July 2024 (source: SCI). This trend is also consistent with findings from 2.0 CLO deals that have been fully liquidated to date, according to CLO Research.
This analysis examines a sample of 966 deals currently within their reinvestment periods.
This study includes a sample of 439 seasoned deals that have concluded their reinvestment periods.