Structured Credit

News

KKR Revamps Asset Management Debt Team

Kohlberg Kravis Roberts & Co. has promoted four professionals in its asset management department to run the firm's special situations and leveraged credit strategies...

Carlyle Taps MS Vet as Cap Markets Chief

The Carlyle Group has nabbed former Morgan Stanley sales and trading chief Michael “Mitch” Petrick as its first global head of credit alternatives and capital markets, the private equity firm said today...

Babson Closes Five CLOs Holding $17B

Babson Capital Management has closed five CLOs previously run by Jefferies Capital Management...

BTIG Expands High Yield, RMBS Sales

BTIG has added two new sales executives to its fixed income group, the New York-based broker dealer said today, bringing the group to a total of...

S&P Requests Feedback on CLO Metric

Standard & Poor’s would like input from loan market participants on a proposed metric that would estimate a CLO’s recovery value...

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Articles

Will Smurfit-Stone Set a Precedent for CLOs?

Last month, a bank consortium syndicated a $1.2 billion exit loan for Chicago-based box maker Smurfit-Stone. The deal irked several CLO managers because...

CLO Consolidation Activity Surges

At the onset of the credit crisis, market participants expected a wave of consolidation in the CLO market. The wave turned out to be little more than a ripple...

Highland to Launch New CLO Value Fund

Highland Capital Management, which last week returned investments and closed its CLO Value Fund I, is preparing to kick off another similar fund, according to a source familiar with the matter...

Investors Totally Focused on Total Return

Soaring returns in 2009 have lured new investors eying a strong “total return” to the loan market. The question is: Will these investors stick around...

Highland Prepares to Launch Loan Funds

Looking to capitalize on improvements in the leveraged loan market, Highland Capital Management is working on an array of loan-focused funds that it hopes to launch at the beginning of 2010...

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