CLO market remains robust with new U.S. offerings

New York-based firms Marathon Asset Management and Deerpath Capital Management have closed on over $900 million in new collateralized loan obligation offerings in recent weeks as demand for collateralized products picks up alongside interest rates moves.

Earlier this month, Marathon Asset Management LP closed its first new CLO of the year with $400 million. The Bryant Park Funding 2023-19 Ltd. offering is under the $20 billion-plus investment firm’s Bryant Park Funding shelf, which focuses on high-quality, liquid, broadly syndicated senior secured loans with an emphasis on capital preservation, lower volatility and structural durability.

Deerpath Capital Management closed on it seventh CLO since 2018. The $504 million issue, Deerpath CLO 2023-1, brings the firm’s CLO assets under management to $2.3 billion.

Volta Finance Ltd (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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Volta Finance

More articles like this

Volta Finance

Collateralized Loan Obligations in your investment strategy

Collateralized Loan Obligations (CLOs) present a unique investment opportunity within the fixed-income market, although they might not be widely familiar to many investors. CLOs have been around since the 1990s when banks and insurance companies began

Volta Finance

Collateralised Loan Obligations as key financial instruments

Collateralised loan obligations (CLOs) and structured products play an integral role in the modern financial landscape, offering sophisticated investment opportunities and diversifying risk for investors. CLOs, in particular, have become a significant component of the broader

Volta Finance

European CLO market sees strong performance in 2024

The European Collateralized Loan Obligation (CLO) market has seen a significant upturn in the first half of 2024, with issuance levels approaching the record set in 2021. This robust performance has led several major banks to

Volta Finance

CLO market poised for continued success

Collateralised loan obligations (CLOs) have continued their positive trend as high interest rates and the potential for additional yield attract investors. Supported by a favourable economic environment, CLO performance has been strong across the capital structure.

Volta Finance

Navigating the future of finance

The finance sector has been witnessing transformative trends, driven by technological advancements and evolving consumer expectations. This dynamic landscape is characterised by an increased focus on sustainability, digitalisation, and innovative financial products, propelling the industry towards

Volta Finance

High-yield bond market analysis: Risks and opportunities

Junk bonds, also known as high-yield bonds, are debt securities rated below investment grade by credit rating agencies. These bonds offer higher yields to compensate for their increased risk of default. Investors are drawn to these

Volta Finance

Advantages of investing in Structured Products and CLOs

Structured products and collateralised loan obligations (CLOs) have become increasingly popular among investors seeking to diversify their portfolios and achieve higher returns. These financial instruments, while complex, offer unique advantages that can enhance investment strategies when

Volta Finance

ECB decisions and market reactions

The recent decision by the European Central Bank (ECB) to deliver a 25 basis points cut on the three key interest rates has sparked various discussions. The ambiguity surrounding President Lagarde’s refusal to provide forward guidance

Volta Finance

CLOs and their role in a sustainable future

Collateralized Loan Obligations (CLOs) have emerged as a significant element in the fixed-income market, offering attractive yields to investors. However, with the increasing emphasis on Environmental, Social, and Governance (ESG) factors, it raises the pertinent question

Volta Finance

CLO equity returns surge amid improving loan performance

The returns on the riskiest portion of collateralized loan obligations (CLOs) are surging, reaching about 20% annualized in both Europe and the US. This boost is driven by improved loan performance, tighter debt spreads, and increased

Volta Finance

CLO markets show strong demand and returns

The Federal Reserve on 1st May highlighted that inflation remains high and does not plan to cut interest rates until it is confident that inflation is slowing towards its 2% target. Despite economic uncertainties, the Fed’s