MidOcean Partners’ Managing Director Jamil Nathoo, recently spoke with Refinitiv on the 2023 US CLO issuance forecast.
“The investor base has changed and the Triple A market remains incredibly thin,” said Jamil Nathoo, a managing director at MidOcean Partners, which manages CLOs. “US domestic banks are by and large holding off on new Triple A investments currently, and Japanese banks, some of which require European risk-retention compliance and have been hamstrung by currency moves, have also largely stepped back; however, new entrants are expected to be coming online.”
Check out the full article here: US CLO issuance forecast to fall after strong 2022
