US BSL CLO Managers: Rankings Based on MVOC (BB)
A sample of 1,601 US BSL CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool...
A sample of 1,601 US BSL CLO deals (vintage 2013–2023) is included in this study. Deals with a collateral pool...
Please see the table below for the list of US BSL CLO managers and the average percentile across at least 10 of their deals, based on asset prices as of May 28, 2024. It is also interesting to note that managers with a primary CLO blended DM print of below 190 bps are represented across the performance percentiles.
The top five managers with the highest number of deals in the top quartile are Oak Hill Advisors, Golub Capital, CSAM, Benefit Street Partners, and Elmwood.
Notably, Oak Hill, CSAM, GoldenTree, Elmwood, and Blackstone stood out with 10 of their deals ranking in the top 20th percentile among their peers.
At least 69 US CLO deals have been redeemed or paid off since October 2023. Impressively, two static deals from the 2022 vintage—KKR Static CLO 2, managed by KKR, and Stratus Static CLO 2022-1, managed by Blackstone...
