CLO formation last year totaled $93 billion, off 2014’s record $124 billion, as managers wrestle with risk retention.
US CLO Activity

Source: S&P LCD
CLO formation last year totaled $93 billion, off 2014’s record $124 billion, as managers wrestle with risk retention.
US CLO Activity

Source: S&P LCD
Private Credit Defaults 101: Back to School
As Labor Day approaches, the unofficial end of summer is upon us. But, before we get too sad, there is also the familiar back-to-school energy.