CLO equity tranches

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 11, 2024 by Shiloh Bates · across every show →

Everything said about CLO equity tranches, oldest first

Apr 11, 2024 neutral
Insight
A diversified CLO portfolio requires roughly 20 positions at 5% maximum
“To be diversified in the CLO market, I would say it's something like having max positions of around five percent of the portfolio. Each CLO, again, is going to have 200 or 300 different loans in it. You would not need a hundred CLO equity tranches to be divers…”
Shiloh Bates Apr 11, 2024 ▶ 32:17 Shiloh Bates – CLO Investing at Flat Rock Global (EP.379)
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