Daniel Turi

Daniel Turi is a part of the portfolio valuation group specializing in valuations of privately held debt and equity securities, and business enterprises for tax…

Insights Into Collateralized Loan Obligations, Long-Term Intertranche Premiums

Delve into the dynamics of CLO investments as we focus on the IRR comparison between CLO equity and BB-rated CLO debt to asses the ongoing validity of long-term inter-tranche premium used by market participants.

Middle Market CLOs: Proven Stable Performance in Volatile Credit Markets

The history and data of collateralized loan obligations show that CLOs, in general, and middle-market CLOs specifically, continue to perform very well through various economic cycles and market shocks.

Understanding Collateralized Loan Obligations

CLO vehicles are the lifeblood that helps keep the syndicated loan market humming.