Asset Backed Securities
What are CDO’s key differences?
|Senior Secured Bank Loans||HY Bonds EM Bonds||RMBS CMBS||CDS||Subprime, Credit Card, Car Leasing, etc|
Within the universe of CDO’s we focus on Collaterarlized Loan Obligations (CLO’s) .
How is a CLO structured ?
The loans of a Company are securitized and sold to a Fund. Under several strict rules, the fund is splitted in several tranches each bearing different risk profiles and returns.
MTCM has wide experience and knowhow in analysinge Credit Spreads of Loans, unsecured debt and CDS levels – therefore identifying single investment opportunities. MTCM also provides investors access to participate in the Ramp-Up Period of the Fund and holds direct negotiations with the Structuring Banks and the CLO managers.