West coast manager flips 2011 CLOs into secondary

By Sayed Kadiri

Thursday, August 16, 2012

Subordinated notes from two 2011 CLOs were pumped out into the secondary market yesterday with a fund manager based on the west-coast rumoured to be behind the sale

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Comment by: Anonymous. Posted 11 years ago [2012-08-16 11:13:06]

Actually, this is a typical balance sheet dealer's play. Hedge funds don't dance for a few basis points.

CLOs

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