Clos

– Onex Appoints Ronnie Jaber and Sandeep Alva as Co-Heads of Onex Credit –

Retrieved on: 
Monday, June 27, 2022
Insurance, Acquisition, TSX, GLOBE, ONEX, CLO, Industry, Onex Corporation, Toronto Stock Exchange, Private equity, Investment, Jaber, Clos, Security (finance), Financial services, Credit, Onex

TORONTO, June 27, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced Ronnie Jaber and Sandeep Alva have been named Co-Heads of Onex Credit. Mr. Jaber and Mr. Alva are proven leaders within Onex Credit and have played a critical role in the business as it executes on its ambitious growth plan.

Key Points: 
  • TORONTO, June 27, 2022 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX: ONEX) today announced RonnieJaber and Sandeep Alva have been named Co-Heads of Onex Credit.
  • Ronnie and Sandeep are seasoned and successful investors with a strong vision for the future of Onex Credit, said Bobby Le Blanc, President of Onex.
  • Commenting on the appointment, Mr. Jaber said: I am thrilled to be partnering with Sandeep to take Onex Credit to the next level.
  • Mr. Jaber joined Onex Credit in 2020 to focus on growing the firms structured credit offering, which includes its global CLO platform.

KopenTech Launches Revolutionary KTX DirectBidding™ Offering to Enable Direct Peer-to-Peer CLO Trading

Retrieved on: 
Thursday, June 23, 2022
Professional Services, Data Management, Other Professional Services, Technology, Mobile, Wireless, Software, Finance, Data East USA, Inc. v. Epyx, Inc., CLO, Industry, Technology, Â, Clos, Efficiency, Mirae Asset Financial Group, Ecosystem, SEC, Mirae Asset Securities, Confidentiality, KCM, Direct, FINRA, ATS, KTX, Cryptocurrency, Security (finance)

KopenTech, the online trading and analytics platform for structured products, announced today the launch of KTX DirectBidding.

Key Points: 
  • KopenTech, the online trading and analytics platform for structured products, announced today the launch of KTX DirectBidding.
  • The introduction of the Direct Bidding protocol will greatly improve the efficiency of CLO trading and have a profound, positive impact on the broader structured marketplace, said Jill Scalisi, Chief Engagement Officer for KopenTech.
  • The launch of DirectBidding builds on KopenTechs strong momentum in its mission to use technology to enhance CLO trading.
  • With 60+ employees around the world, KopenTech is dedicated to making all aspects of CLO trading better, smarter, and faster.

Florida Food Products (Ardian & MidOcean) acquires Javo

Retrieved on: 
Thursday, June 23, 2022
Food, Beverage, Retail, Solution, FFP, Credit, Industry, Investment, Private equity, Taste, Company, Clos, Tea, Growth, Health, Family, Acquisition, Color, Food, Real assets, Partnership, Coffee, MidOcean Partners, Multimedia, Restaurant, Social responsibility, Telescopic sight, Fine chemical, Real estate

Florida Food Products (FFP or the Company), one of the worlds largest independent providers of natural ingredients, announced today that it has reached an agreement to acquire Javo Beverage Company (Javo) subject to customary closing conditions.

Key Points: 
  • Florida Food Products (FFP or the Company), one of the worlds largest independent providers of natural ingredients, announced today that it has reached an agreement to acquire Javo Beverage Company (Javo) subject to customary closing conditions.
  • The Companys products provide nutrition, improve texture and flavor, extend shelf life, and ultimately provide consumers with clean label and natural products.
  • Founded in 1954, Florida Food Products is the worlds largest, independent provider of natural ingredients.
  • For additional information, please visit Florida Food Products website.

VanEck Launches CLO ETF to Meet Demand for Rising Rate Alternatives

Retrieved on: 
Thursday, June 23, 2022
Other Professional Services, Insurance, Finance, Asset Management, Consulting, Banking, Accounting, Professional Services, Solution, CLO, Fund, Industry, Heart, Income, Gold, Bankruptcy, Senior, US, Virtus Investment Partners, Prospectus, Product management, Clos, Leadership, Research, Index, ETF, FLTR, BDC, Investment, LIBOR, Collateralized loan obligation, History, Risk management, Consumer, Pinebridge Bucks, Century, Risk, Security (finance), Financial services, Johnny Eck

In todays rising rate environment, the floating rate coupons of CLOs make them particularly attractive, said William Sokol, Senior ETF Product Manager at VanEck.

Key Points: 
  • In todays rising rate environment, the floating rate coupons of CLOs make them particularly attractive, said William Sokol, Senior ETF Product Manager at VanEck.
  • Im looking forward to partnering with VanEck on this strategy, which aims to allow investors to combine the value of CLOs with the transparency, liquidity and costs benefits of an ETF.
  • VanEck has a history of looking beyond the financial markets to identify trends that are likely to create impactful investment opportunities.
  • An investment in VanEck BDC Income ETF may be subject to risks of investments in business development companies (BDC).

Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'

Retrieved on: 
Wednesday, June 15, 2022
Volta, Investment, Mean, Safety, Q&A, Environment, NAV, Financial Conduct Authority, FCA, Directive 2014/65/EU, Knowledge, NEWS, Clos, Hardman & Co., AXA, Research, WAS, YouTube, Companies House, II, Reward, Risk, Security (finance), Financial services

Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'

Key Points: 
  • Hardman & Co: Hardman Talks Video | Volta Finance webinar 'Private equity: Funding the future'
    Volta Finance webinar 'Private equity: Funding the future'
    Serge Demay, the Head of CLO Investments, AXA IM, and manager of Volta Finance, joined Hardman & Co for a live presentation and Q&A webinar on Hardman Talks on Thursday 9 June 2022.
  • The current environment with inflation, interest rate hikes and the Ukraine crisis increases both the potential risk and reward.
  • In this webinar, we heard from Voltas manager how it is Seizing opportunities in volatile times.
  • Additionally, the flight to safety and the US dollar strength has benefited shareholders with around 30% net exposure.

MidOcean Partners Bolsters Team With Senior Hires

Retrieved on: 
Wednesday, June 15, 2022
Finance, Consulting, Banking, Professional Services, Asset Management, Corporate services, Investment banking, Stone Point, LLP, Global, Partner, Technology, JPMorgan Chase, Lazard, Entertainment, Marshall, Clos, LLC, Marketing, Fordham University School of Law, Colgate University, B.A, New, Myers, Pleasure, Investment, Georgetown University, Telecommunication, Bank, Security (finance), MidOcean Partners

MidOcean Partners (MidOcean), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that the firm has bolstered its team with two senior hires.

Key Points: 
  • MidOcean Partners (MidOcean), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that the firm has bolstered its team with two senior hires.
  • As we continue to strengthen our team with best-in-class executives, Jim and Marshall are the latest examples of highly experienced investment industry professionals who weve had the pleasure of welcoming to MidOcean, commented Ted Virtue, Chief Executive Officer of MidOcean.
  • MidOcean Partners is a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments.
  • MidOcean Credit Partners was launched in 2009 and currently manages a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts.

Leading Global Banks and Data and Analytics Provider Back Octaura to Launch Electronic Trading Platform for Leveraged Finance and Structured Credit

Retrieved on: 
Tuesday, June 14, 2022
Professional Services, Technology, Data Analytics, Finance, Software, Digital Cash Management, Digital Assets, Goldman Sachs, Leveraged buyout, Friction, Eye, CLO, Investment banking, Structured finance, Credit Suisse, Clos, Straight-through processing, Bank, STP, Solution, Multimedia, Wells Fargo, Velocity, Growth, Industry, SPRINT, Technology, Bank of America, Board, Morgan Stanley, Efficiency, Loan, Automation, Security (finance), Citigroup, J. P. Morgan

Built in collaboration with Genesis Global, the low-code software development platform for financial markets, Octaura aims to provide comprehensive trading solutions with natively integrated data and analytics.

Key Points: 
  • Built in collaboration with Genesis Global, the low-code software development platform for financial markets, Octaura aims to provide comprehensive trading solutions with natively integrated data and analytics.
  • Citis internal Velocity CLO eBidding platform and BofAs Instinct Loan Match platform improved efficiency, liquidity and transparency for users and were the inspiration for Octaura.
  • Octauras aim is to blend definitive action in financial markets and a bold vision for the future of global credit trading, said Bejile.
  • Octaura is an industry-led electronic trading, data and analytics solution initially for syndicated loans and CLOs.

Trepp and Yield Book, An LSEG Business, Announce CLO Cashflow Data Partnership

Retrieved on: 
Monday, June 13, 2022
Risk management, Daily Mail, Data, CLO, Research, Trepp, ABS, CEO, Partnership, News, LSEG, Daily Mail and General Trust, Solution, Vince DiCola, FI, DMGT, Risk, Technology, London Stock Exchange Group, Book, CMBS, Internal mail, CMOS, Security (finance), Clos

NEW YORK, June 13, 2022 /PRNewswire-PRWeb/ -- Trepp, a leading provider of data, insights, and technology solutions to the CMBS, commercial real estate, banking, and CLO markets, announced today that it is expanding its partnership with Yield Book, an LSEG Business, which is a leading provider of fixed-income models, analytics, and data products, to deliver corporate CLO data on the Yield Book platform.

Key Points: 
  • Yield Book clients will now be able to access Trepp's CLO cash flow data directly on Yield Book's fixed-income analytics and risk management software.
  • The collaboration between the firms expands a long-standing relationship in which Trepp has delivered CMBS cash flow data via the Yield Book platform to clients.
  • Recently, Trepp has reported that uncertainty in the market has hampered CLO sales, widened spreads, and contributed to loan-price volatility.
  • "We are pleased to be both the CLO and CMBS data provider for Yield Book clients globally," DiCola said.

CIFC Appoints Conor Daly Head of European Credit

Retrieved on: 
Thursday, June 9, 2022
Professional Services, Finance, Risk management, Leadership, Head, CLO, European Credit Research Institute, Research, Bachelor of Science, Clos, Conor Daly, BlackRock, Portfolio manager, Solution, National university, Growth, EMEA, Morgan Stanley, Credit, University College Cork, Security (finance), Bank, European

CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that Conor Daly, former Managing Director, Head of European Credit at Onex Credit, has joined CIFC as Head of European Credit.

Key Points: 
  • CIFC Asset Management LLC (CIFC), an alternative credit specialist serving institutional investors globally with approximately $40 billion in assets under management, today announced that Conor Daly, former Managing Director, Head of European Credit at Onex Credit, has joined CIFC as Head of European Credit.
  • Mr. Daly will serve as a Managing Director and Senior Portfolio Manager overseeing CIFCs European investment business with a focus on continuing to grow the firms European corporate credit investment platform.
  • We took a thoughtful approach to identifying a Head of European Credit who shares CIFCs disciplined approach to investing and risk management and is a strong cultural fit with our global team.
  • Mr. Daly added, CIFC has established itself as a true top-tier alternative credit manager across geographies, known for its diligent fundamental research, active portfolio management, and strong investment results.

PIMCO Closed-End Funds Declare Monthly Common Share Distributions

Retrieved on: 
Wednesday, June 1, 2022
Mission statement, FDIC, Time, Clos, PMF, Bank, Federal Reserve Board of Governors, Record, Investment, PCQ, Income, Sale, Unitary state, Loss, Leg, New York Stock Exchange, Tax, Contingent convertible bond, PNI, PMX, NAV, Government, New, PML, Calendar, PZC, PIMCO, Delinquent, Annual report, News, Environment, Government agency, PNF, PCK, Risk, PDO, 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.