CLOs in Hypergrowth Mode, but LIBOR Transition a Near-Term Challenge

We are delighted to announce that a long-form article authored by Alankar Ranade of the Investment Research team is featured in the Journal of Structured Finance. The article details the CLO market landscape, its attractiveness as an asset class, recent performance, opportunities and risks, and outlook for 2022. It also discusses in depth the challenges in the LIBOR transition, including difficulties with legacy issues, the complexity of using the new benchmark rates, and each stakeholder’s responsibilities during the transition.