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40 Act

1 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Dec 1, 2022 by Tom Majewski · across every show →

Everything said about 40 Act, oldest first

Dec 1, 2022 bullish
Assertion Not publicly verifiable
Majewski: Only two 1940 Act companies have ever defaulted, both with full recovery
“In the 82 years since the 40 Act has been passed, as best we're aware, there's only been two defaults ever by 40 Act companies, and both were a hundred percent recovery.”
Tom Majewski Dec 1, 2022 ▶ 1:09:43 Thomas Majewski – Empty Rooms: Masterclass on CLOs at Eagle Point Credit Management (Capital Allocators, EP. 284)
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