Remove Collateral Remove Deal Flow Remove Leveraging
article thumbnail

Are Pension Funds Fiddling With Another CLO Time Bomb?

Pension Pulse

Pension plans and insurers have been piling into funds that invest in equity tranches of collateralized loan obligations in recent months, according to several asset managers who spoke on the condition of anonymity. Yet it has an appeal because of its greater claim to profits depending on the strength of the underlying collateral.

article thumbnail

Bain Capital’s Harrington Takeover: OHA and BMO Pave the Way with $1bn Financing

Private Equity Insights

The combination of BMO’s broad investment banking platform and OHA’s private credit expertise has delivered enhanced deal flow and financing flexibility while adding value for borrowers and private equity sponsors.

Financing 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

CPP Investments Aims to Double Credit Holdings Over Next Five Years

Pension Pulse

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth. Is this possible?

article thumbnail

Walker & Dunlop (WD) Q1 2024 Earnings Call Transcript

The Motley Fool

Importantly and atypically, over half of our Q1 debt brokerage deal flow was on non-multifamily assets in retail, hospitality, industrial, and office. While some deals will need to be adjusted or even reworked, many deals remain on track. We have a track record of doing that and we'll continue to do that.

Debt 130
article thumbnail

Citigroup (C) Q1 2024 Earnings Call Transcript

The Motley Fool

We generated positive operating leverage this quarter as expenses decreased 4% driven by actions taken to rightsize the expense base. Cost of credit was a benefit of $170 million driven by a reserve release of approximately $200 million primarily related to a change in estimate as we enhanced our data related to margin lending collateral.

Banks 130
article thumbnail

Transcript: Armen Panossian

The Big Picture

And I think a lot of investors and, and lenders and really lost their way and agreed to terms and conditions that in under today’s market environment would not be acceptable levels of leverage that would not work. And, and as a result, there is a, a condition where there’s risks and opportunities in the current market.