A recovering economy, the prospect of inflation and rising rates are making floating-rate debt such as corporate loans and collateralized loan obligations (CLOs) – pools of corporate loans packaged into securities – increasingly attractive to many investors.
With the migration of U.S. CLO managers to Europe more common, Copenhagen-based sub-investment credit manager Capital Four Management has broken the trend to grow its presence in the U.S. CLO market.
Volta Finance Limited (LON:VTA) is a closed-ended limited liability company registered in Guernsey. Volta’s investment objectives are to seek to preserve capital across the credit cycle and to provide a stable stream of income to its Shareholders through dividends that it expects to distribute on a quarterly basis.