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CLO Insider February 2022: Impact of War in Ukraine
By Mike Kurinets, Chief Investment Officer The war in Ukraine ended up as the dominant force driving markets in February. CLO Equity...

Capra Ibex
Mar 10, 20225 min read
15 views


Health of the Leveraged Loan Issuer Part 2
by Daniel Miller, Chief Credit Officer. Impact of Higher Interest Rates on Leveraged Loan Issuers Key Takeaways: We assess the...

Capra Ibex
Feb 18, 20226 min read
30 views


CLO Insider January 2022
By Mike Kurinets, Chief Investment Officer The leveraged loan market ended January slightly positive (+0.08 points), while CLO...

Capra Ibex
Feb 15, 20224 min read
6 views


Key Takeaways from the National Bureau of Economic Research’s Working Paper on “CLO Performance"
by Jim Healy, CEO Capra Ibex Advisors. The first large-scale academic study of CLO equity performance was recently published by the...

Capra Ibex
Feb 7, 20225 min read
28 views
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CLO Insider 2021 Review and 2022 Outlook
By Mike Kurinets, Chief Investment Officer What significant global events impacted the CLO market during 2021? 2021 was a strong year for...

Capra Ibex
Jan 13, 20229 min read
39 views


CLO Insider December 2022
by Mike Kurinets, Chief Investment Officer In December, prices in the leveraged loan market ended the month higher by 0.26 points [*1]....

Capra Ibex
Jan 1, 20224 min read
6 views


CLO Insider November 2021
By Mike Kurinets, Chief Investment Officer Loan Prices Dropped at the End of November. In November, prices in the leveraged loan market...

Capra Ibex
Dec 10, 20217 min read
7 views


Covenant Lite: The Time Bomb that Wasn’t
By Daniel Miller, Chief Credit Officer. The widespread adoption (85%) of cov-lite documentation in large, syndicated leveraged loans...

Capra Ibex
Dec 1, 20219 min read
114 views
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CLO Insider October 2021
by Mike Kurinets, Chief Investment Officer Loan prices are up 1.8 points in 2021. In October, prices in the leveraged loan market ended...

Capra Ibex
Nov 17, 20216 min read
8 views


Health of the Leveraged Loan Issuer Part 1
By Daniel Miller, Chief Credit Officer. Why credit ratings for leveraged loan issuers have an overly conservative bias Introduction: The...

Capra Ibex
Sep 13, 20218 min read
23 views
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