Pearl Diver raises new CLO fund

Pearl Diver Capital has announced the closing of the third Pearl Diver Capital CLO Opportunity Fund

TAGS: CLO Fundraising

Comment by: Anonymous. Posted 11 years ago [2012-09-14 12:54:05]

Is this fund based in the EU? I wonder if they realize that they will be prohibited from buying US CLOs, as US CLOs don't comply with the EU Article 122a risk retention requirements. These risk retention requirements will apply to all funds in the EU through AIFMD starting July 2013.