CLO Investing: With an Emphasis on CLO Equity & BB Notes - Couverture souple

Bates, Shiloh

 
9781642376562: CLO Investing: With an Emphasis on CLO Equity & BB Notes
Couverture souple
ISBN 10 : 1642376566 ISBN 13 : 9781642376562
Editeur : Gatekeeper Press, 2023

Synopsis

Collateralized Loan Obligations (CLOs) were left for dead after the Global Financial Crisis (GFC) of 2008-2009. Since then, CLOs have made a surprising comeback. Their popularity among investors is partially the result of impressive CLO performance during the GFC and beyond. CLO notes issued before the GFC did not have material defaults, and many CLO equity securities issued prior to the GFC ended up with annualized returns above 20%. Today the CLO market has over $1 trillion in assets under management and has replaced banks as the largest lender to private equity-backed companies.

CLO Investing: With an Emphasis on CLO Equity & BB Notes describes CLOs in detail, emphasizing the securities with the highest risk and reward potential, CLO BB notes and equity. The readers of this textbook will learn the characteristics of the CLO’s leveraged loans, financing structure, payment rules and tests, and historical returns. As CLOs are gaining in popularity, investment professionals of all varieties will benefit from author Shiloh Bates’s meticulous understanding of this unique market and the strategies for successfully investing in it.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Shiloh Bates, CFA(R), has spent his career in the collateralized loan obligation (CLO) market, working for CLO managers and investing in CLO securities. Currently the Chief Investment Officer of Flat Rock Global, he is a frequent panelist at CLO conferences. A life-long learner, Shiloh has a BA from Virginia Tech in political science, an MA in public policy from Harvard University, an MA in financial mathematics from the University of Chicago, and an MA in statistics from Columbia University.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Gatekeeper Press
Date d'édition
2023
Langue
anglais
ISBN 10 
1642376566
ISBN 13 
9781642376562
Reliure
Broché
Nombre de pages
220
Coordonnées du fabricant
Manufactured by Amazon on behalf of the author
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