CLOs, or the guys who many allege got us into this whole mess, are alive and kicking. The forward calendar for capital raises for CLOs indicates almost $1.8 billion in capital is set to be raised for 5 managers. Among them are TCW, ING, Stanfield, ING and Aladdin... Wait, wasn't the last one supposed to be ending its CLO operations and migrating to DIPs only? Oh well. Calendar below.
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Wednesday, February 18, 2009
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