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

Subscriber-only article

This article is available only to Creditflux subscribers and free trial users within 30 days of publication.

Already a subscriber? Not logged in? Click here to login.

If you have not already done so,
you may request a FREE TRIAL by clicking here

This trial will give you:
  • 4-weeks' free online access to our
    most recent subscriber-only articles
  • Daily breaking news alert sent by email
  • A print copy of Creditflux

If you currently have a free trial, you will see this message when you try to view articles older than 30 days.

TAGS: JP Morgan Marathon Institutional investor

View details on CLO-i: Marathon CLO VI

Comment by: Anonymous. Posted 6 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.