Tag Archives: Incentive Fees

The table below lists the outstanding EU CLO deals that have already met their IRR incentive fee thresholds of 12%, supported by robust equity distributions. As expected, most of these deals were issued in 2016 or earlier, and all but one were reset—effectively extending the life of the deal and enabling equity distributions sufficient to meet the IRR thresholds. Collectively, the total incentive fees distributed to date amount to approximately EUR 24 million.

The table below lists the top MVOC quartile managers and their annualised sale volumes.

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...

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