Alternative Investments
What Is CLO Equity? Crescent Capital's $232 Million Fund Shows How the Riskiest Slice of a CLO Actually Works
Crescent Capital raised $232 million in CLO equity commitments, doubling its 2018 fund, spotlighting the riskiest first-loss slice of a CLO deal.
Jeff Barnes, MBA··11 min read
Alternative Investments
CLO Equity Explained: The Riskiest, Highest-Paying Slice of Private Credit
CLO equity is the tranche that eats losses first and profits most, and according to the SEC's investor education office , it's also one of the least understood corners of private credit. A CLO,...
Jeff Barnes, MBA··11 min read