Chicago Fundamental signs groundbreaking CLO deal with charitable organisation

By Sayed Kadiri

Wednesday, February 15, 2017

Boutique CLO manager Chicago Fundamental Investment Partners has signed a first-of-its kind agreement with a non-profit organisation, which provides the manager with a $160 million equity injection that it intends to use towards CLO risk retention

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TAGS: Risk retention CLO M&A CFI North America

Comment by: Anonymous. Posted 7 years ago [2017-02-20 12:56:00]

Mr Walter is familiar with CLO equity.

Comment by: Sayed Kadiri. Posted 7 years ago [2017-02-17 16:58:52]

In response to the comment below, it is indeed the same Mark Walter who is the chairman of the LA Dodgers. Regarding the other comment, I can confirm that Academy has a minority interest in Chicago Fundamental (less than 25%). The portfolio team and day-to-day management at Chicago Fundamental remains unchanged.

Comment by: Anonymous. Posted 7 years ago [2017-02-15 18:57:58]

Is this Mark Walter of Guggenheim and Los Angeles Dodgers fame? He is familiar with CLO equity.

Comment by: Anonymous. Posted 7 years ago [2017-02-15 18:02:39]

When an existing non-profit (and therefore non-taxpaying) entity purchases a risky asset for its endowment, it raises eyebrows. Here we have the "newly launched" Academy Group buying a large (controlling?) interest in a risky business as its first investment. Only in Chicago?

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