Clos

New Debt Exchange, Inc. raises $1mm from strategic individuals in the CLO and broader bond market

Retrieved on: 
Tuesday, May 17, 2022
Crescent Capital Group, Consultant, Lawyer, Solution, Silicon, Automation, Industry, Technology, DLA Piper, CLO, Friction, Goldman Sachs, Clos, Piper, Growth, CEO, Security (finance)

The New York and Silicon Valley-based financial technology company is building an integrated connectivity and data utility for the global bond market, focusing initially on collateralized loan obligations (CLOs).

Key Points: 
  • The New York and Silicon Valley-based financial technology company is building an integrated connectivity and data utility for the global bond market, focusing initially on collateralized loan obligations (CLOs).
  • This fundraise brings together a group of leading industry participants who will advise the company on product and strategy.
  • Tom Kramer, who founded cloud-based credit technology provider Mariana Systems, said, "The continued growth in the CLO market demands technology solutions that increase price discovery and connectivity between and amongst market participants.
  • New Debt Exchange provides a bond market utility to improve connectivity between brokers and their clients.

Oxford Lane Capital Corp. Awarded “Best Public Closed‐End CLO Fund” by Creditflux 

Retrieved on: 
Friday, May 13, 2022
CEO, Company, U.S. Securities and Exchange Commission, Nasdaq, Investment, Review, Industry, CLO, Clos, Security (finance), Public, GLOBE, Bridge

GREENWICH, Conn., May 13, 2022 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (Oxford Lane, the Company, we, us or our) has been named Best Public Closed-End CLO Fund by Creditflux, a leading global information source covering credit funds and CLOs.

Key Points: 
  • GREENWICH, Conn., May 13, 2022 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (Oxford Lane, the Company, we, us or our) has been named Best Public Closed-End CLO Fund by Creditflux, a leading global information source covering credit funds and CLOs.
  • The award was presented at Creditfluxs Credit Symposium and Manager Awards, which took place in London on May 10th.
  • The annual Creditflux Manager Awards recognize leading managers and funds based purely on data over the applicable review period.
  • About Oxford Lane Capital Corp.
    Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (CLO) vehicles.

Aquarian Credit Partners Named Best U.S. Boutique CLO Manager for 2022 by Creditflux

Retrieved on: 
Thursday, May 12, 2022
Professional Services, Finance, ACP, Insurance, Review, Industry, Technology, CLO, Clos, Security (finance), Aquarian

Aquarian Credit Partners (ACP), a syndicated high-yield credit investment management platform, announced today that it was named Best U.S.

Key Points: 
  • Aquarian Credit Partners (ACP), a syndicated high-yield credit investment management platform, announced today that it was named Best U.S.
  • ACP was formed in 2021 when Aquarian Holdings (Aquarian) partnered with Gallatin Loan Management and launched ACP as part of Aquarian Investments, a subsidiary of Aquarian.
  • Creditflux, a preeminent CLO industry publication and data source, calculates its Best CLO Manager awards using the averages of all the eligible CLOs from each manager.
  • Aquarian Credit Partners is a syndicated high-yield credit investment management platform, formally launched under the Aquarian Holdings umbrella in 2021.

Eagle Point Income Company Inc. Schedules Release of First Quarter 2022 Financial Results on Tuesday, May 24, 2022

Retrieved on: 
Tuesday, May 10, 2022
Professional Services, Small Business, Finance, Consulting, Banking, Accounting, EIC, Calendar, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Telephone, CLO, Company, NYSE, NAV, Security (finance), Prospectus, Investor relations, Income, Method, Conference, Clos, EICA, Eastern Time Zone, Risk management

Eagle Point Income Company Inc. (the Company) (NYSE: EIC, EICA) today announced that it plans to report financial results for the quarter ended March 31, 2022 prior to the opening of the financial markets on Tuesday, May 24, 2022.

Key Points: 
  • Eagle Point Income Company Inc. (the Company) (NYSE: EIC, EICA) today announced that it plans to report financial results for the quarter ended March 31, 2022 prior to the opening of the financial markets on Tuesday, May 24, 2022.
  • The Company will discuss its financial results on a conference call on that day at 11:30 a.m. (Eastern Time).
  • Thomas P. Majewski, Chairman and Chief Executive Officer, will host the call along with Lena Umnova, Chief Accounting Officer.
  • The Company is externally managed and advised by Eagle Point Income Management LLC.

Onex Completes Successful Fundraise for Onex Structured Credit Opportunities Fund

Retrieved on: 
Thursday, May 5, 2022
Forward-looking statement, Onex Corporation, GLOBE, Fund, Toronto Stock Exchange, Collateralized loan obligation, Partner, ONEX, TSX, Clos, Security (finance), Onex

TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced the successful fundraise of Onex Structured Credit Opportunities Fund (“OSCO”). In total, the inaugural Fund surpassed its $500 million target and received support from both existing Onex investors and new partners.

Key Points: 
  • TORONTO, May 05, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX:ONEX) today announced the successful fundraise of Onex Structured Credit Opportunities Fund (OSCO).
  • In total, the inaugural Fund surpassed its $500 million target and received support from both existing Onex investors and new partners.
  • With OSCO, we continue to broaden our alternative and private credit offerings with a valuable complement to investor portfolios while leveraging our existing fundamental credit experience, said Ronnie Jaber, Managing Director and Head of Loans & Structured Credit at Onex Credit.
  • Onex platforms include: Onex Partners, private equity funds focused on mid- to large-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through tradeable, private and opportunistic credit strategies as well as actively managed public equity and public credit funds; and Gluskin Sheffs wealth management services.

Franklin BSP Realty Trust, Inc. Announces First Quarter 2022 Results

Retrieved on: 
Wednesday, May 4, 2022
Commercial Building & Real Estate, Construction & Property, REIT, COVID-19, Acceleration, U.S. Securities and Exchange Commission, Communication, Mission statement, Adviser, Share repurchase, CECL, GAAP, Distributional effects, ROE, CLO, Company, NYSE, Disclosure, Time, Franklin Templeton Investments, Depreciation, Security (finance), Domestic, Coronavirus, Webcast, Commercial property, International, Annual report, ARMS, ARM, Adoption, Phrase, Income, Vii, RSU, SEC, Goal, CRE, Clos, BSP, REIT, Acquisition, Nature, Online gambling, Real estate, Bank, Renewable energy, Risk management, Online shopping

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced financial results for the quarter ended March 31, 2022.

Key Points: 
  • Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (FBRT or the Company) today announced financial results for the quarter ended March 31, 2022.
  • Further commenting on our results, Michael Comparato, Head of Commercial Real Estate of BSP, added, Our originations grew at a healthy rate during the first quarter, which is supportive of our outlook for the year.
  • Our core portfolio at the end of the quarter had 166 loans with an aggregate principal balance of approximately $4.6 billion.
  • About Franklin BSP Realty Trust, Inc.
    Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate investment trust that originates, acquires and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States.

BrightSpire Capital, Inc. Announces First Quarter 2022 Financial Results

Retrieved on: 
Tuesday, May 3, 2022
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, COVID-19, U.S. Securities and Exchange Commission, Forward-looking statement, Investment, GAAP, Telephone, Company, NYSE, Public expenditure, Security (finance), Coronavirus, Shareholder, Industry, Compliance, Phrase, Supplement, SEC, ID, CRE, Clos, Internet, REIT, Bank, Online gambling

BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced its financial results for the first quarter ended March 31, 2022 and certain updates.

Key Points: 
  • BrightSpire Capital, Inc. (NYSE: BRSP) (BrightSpire Capital or the Company) today announced its financial results for the first quarter ended March 31, 2022 and certain updates.
  • A First Quarter 2022 Supplemental Financial Report is available on the Shareholders Events and Presentations section of the Companys website at www.brightspire.com .
  • A reconciliation to net income/(loss) attributable to BrightSpire Capital, Inc. common stockholders, the most directly comparable GAAP measure, is included in our full detailed First Quarter 2022 Supplemental Financial Report and is available on our website at www.brightspire.com .
  • The Company will conduct a conference call to discuss the financial results on May 3, 2022 at 10:00 a.m.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

Retrieved on: 
Monday, May 2, 2022
Record, FDIC, New, Tax, Leg, Environment, PCQ, Loss, PNI, Risk, Mission statement, PDO, PCK, Government, Investment, Unitary state, News, Government agency, Income, Federal Reserve Board of Governors, Time, PMX, New York Stock Exchange, Delinquent, Sale, PNF, Calendar, NAV, PMF, Annual report, PZC, Contingent convertible bond, PML, Bank, Clos, PIMCO, Life insurance, Security (finance), Fund

There can be no assurance that all distributions paid by these Funds will be exempt from federal income taxes or applicable state or local income taxes.

Key Points: 
  • There can be no assurance that all distributions paid by these Funds will be exempt from federal income taxes or applicable state or local income taxes.
  • The tax treatment and characterization of a Funds distributions may varysignificantly from time to time because of the varied nature of the Fundsinvestments.
  • As with any stock, the price of a Funds common shares will fluctuate with market conditions and other factors.
  • PIMCO Investments LLC, 1633 Broadway, New York, NY 10019, is a company of PIMCO.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

Retrieved on: 
Monday, May 2, 2022
Consulting, Banking, Professional Services, Finance, Board, Calendar, Communication, Income, Investment, Trust, LLC, CLO, Capital loss, Time, Compliance, Director, History, XMS Capital Partners, Philosophy, Marketing, Sale, XAI, Form 1099, Security (finance), Life insurance, Trustee, Clos

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

IBI Investment House and CIFC Launch Structured Credit Mutual Fund

Retrieved on: 
Tuesday, April 26, 2022
Professional Services, Finance, CLO, Clos, Research, Capital market, IBI, Solution, House, Security (finance), Bank, Fund

IBI Investment House Ltd. (IBI), one of Israel's leading investment houses, announced the launch of IBI CLO Strategies Fund, a fund investing in collateralized loan obligation (CLO) debt, equity, and warehouses (the "Fund").

Key Points: 
  • IBI Investment House Ltd. (IBI), one of Israel's leading investment houses, announced the launch of IBI CLO Strategies Fund, a fund investing in collateralized loan obligation (CLO) debt, equity, and warehouses (the "Fund").
  • The Fund signed a cooperation agreement with CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with more than $39 billion in assets under management.
  • IBI and CIFC respectively serve as Fund manager and sub-advisor of the Fund.
  • Jay Huang (Managing Director and Head of Structured Credit Investments at CIFC) and Matthew Andrews (Managing Director and Head of Capital Markets at CIFC) serve as co-portfolio managers of the Fund.