The extra 250-350bp is excessive compensation for the incremental risks run by long-term CLO investors
Double B-rated CLOs price at a premium over corporate credit and yet default rates are much lower

Q4 2018, which had loan price volatility without defaults, was close to nirvana for CLO investors
The current vintage of CLOs could be the best ever if the volatility in Q4, when retail funds dumped loans, repeats itself, says our columnist Thomas Majewski

We are yet to find a mass-media article that devotes attention to the potential merits of CLOs
Far too many recent mass-media articles critical of the CLO market are heavy on the hyperbole and light on the facts, writes our columnist and Eagle Point founder Thomas Majewski

Wealth manager forms CLO partnership with Eagle Point
Alexandria Capital has formed a strategic partnership with CLO equity investor Eagle Point Credit Management

If the loan was not cov-lite, it is likely that Weight Watchers would have defaulted
Cov-lite loans have negative connotations, but they will enable some companies to trade through a bad patch and return to health  

Mid market CLOs should outperform regular CLOs in the next downturn, conference hears
Middle market CLO managers are bullish on their prospects when the credit cycle does eventually turn, according to panelists at IMN’s ABS East conference in Miami this week

Eagle Point eyes CLO BB tranches with new vehicle
CLO equity investor Eagle Point Credit Management has registered a new vehicle Eagle Point Income Company, which intends to focus on investing in CLO “BB” tranches

US risk retention did wonders for CLOs
As managers circled the globe seeking to raise risk retention funds they sold CLOs to a whole new audience, says our newest columnist Eagle Point founder Thomas Majewski

New wave of CLO funds emerge as managers capitalise on tight spreads
Credit managers have raised an abundance of capital in the last few months with the aim of stocking up on their CLO investments

Eagle Point backs manager's comeback deal as it adds $51 million of CLO equity
Eagle Point Credit Company added $50.8 million of CLO equity positions in the quarter ending September, according to an announcement by the publicly listed company yesterday

Greenwich manager appoints CLO specialist from international banking giant
The credit manager has strengthened its CLO investment team – hiring a CLO specialist who previously focused on structuring and distributing new issue CLOs in New York

Eagle Point raises $100 million for new CLO-focused fund
Greenwich-based Eagle Point has raised $100.2 million for a new private fund that will invest in CLO equity, regulatory filings reveal

Eagle Point looks to maintain prolific CLO refi/reset rate
One of the CLO market’s dominant equity investors, Eagle Point Credit Management, has been capitalising on tighter liability spreads this year by driving CLO refinancings

Pension fund signs up to majority CLO equity strategy
A control CLO equity investor has pulled in $100 million of capital from a US pension fund

Points up front: Private equity is the enemy
Damien Dwin of Brightwood Capital Advisors was one of the most talked about speakers at Credit?ux’s Private Credit conference last month in New York, raising a laugh with his forthright comments about private equity ?rms.

Eagle Point and longstanding partner team up on new deals
Eagle Point has added a new warehousing investment with a longstanding CLO manager partner in recent months after converting an earlier warehouse into a new deal

Eagle Point hires tech-savvy CLO trader as it builds on its analytic systems
Key CLO equity investor Eagle Point Credit Management has added a sell-side CLO trader to its team in the new role of director of technology

Ares prices risk retention-compliant US CLO in $614 million deal
Ares Management has priced a new risk retention-compliant CLO, in a $614 million deal.

BNP Paribas close to to pricing retention-compliant CLO for large manager
BNP Paribas is getting close to pricing a new $614 million CLO for Ares Management, according to market sources

Eagle Point lines up behind forthcoming Ares and THL CLOs
Eagle Point Credit has added several new warehouse equity investments in the past quarter, according to an earnings announcement

Japanese bank enters into trailblazing US CLO joint venture
A Japanese bank has entered into a groundbreaking initiative alongside GreensLedge and Eagle Point Credit Management to support the growth of a start-up CLO manager

Loan defaults will stay below 2% for some time
Eagle Point’s Tom Majewski takes our credit quiz

CLO fund takes equity stake in recent Cutwater deal
A large CLO equity investor gave its backing to Cutwater's recent CLO, filings show