Credit hedge fund manager targets Japanese investors for new CLO

By Sayed Kadiri

A new style of CLO packaging designed to entice Japanese bank investment is taking off, with a credit hedge fund manager's new CLO said to be marketed by JP Morgan in this region

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TAGS: JP Morgan Marathon Institutional investor

View details on CLO-i: Marathon CLO VI

Comment by: Anonymous. Posted 5 years ago [2014-04-12 17:18:23]

If the SPV of the CLO executes a currency swap, must the swap be executed on a SEF and must the SPV face a CCP (rather than JPM)? My guess - which could be wrong - is that it remains unclear if securitization SPVs must deal with these new elements.