- The conference was extremely well attended with a strong presence from CLO investors, managers and arrangers.
- Structured Finance Management
The discussions were lively with a diverse range of opinions on various themes such as asset spread compression, investor base depth, manager performance and jurisdictional choice.
One of the major areas of consensus related to projected issuance volumes of the European CLO market for 2014 with the majority of participants spoken to agreeing on roughly €10bn of new paper added from 20-24 issues and 10-12 managers.
SFM was delighted to meet with a number of market counterparties from the collateral manager world and looks forward to an expansion in the number of managers bringing inaugural deals to market during the year.
SFM attended as one of the leading providers of Corporate Services to the structured finance market. SFM has a long track-record of providing such services to CLO transactions across balance sheet and arbitrage deals for a variety of arrangers and managers. SFM was most recently appointed as Corporate Services Provider to NIBC’s CLO 2.0 transaction, North Westerly IV.