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Recession Fears Overtake Rate Worries in Global Credit Markets
By Bloomberg Law Read the full article here: https://news.bloomberglaw.com/capital-markets/recession-fears-overtake-rate-worries-in-globa...
Capra Ibex
May 15, 20221 min read
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CLO Insider March 2022: CLO AAA Widening Surprises Market
By Michael Kurinets, Chief Investment Officer Widening AAA CLO Credit Spreads Fluster CLO Market Credit spreads on CLO AAAs abruptly...
Capra Ibex
Apr 21, 20226 min read
12 views


Health of the Leveraged Loan Issuer Part 3
By Jim Healy, Chief Executive Officer, & Daniel Miller, Chief Credit Officer. Identifying the Tipping Point for Leveraged Loan Issuers...
Capra Ibex
Mar 29, 20226 min read
56 views
Capra Ibex’s Kurinets sees challenges and bright spots for CLO equity
by John Hintze, Asset Securitization Report The list of factors likely to impact the collateralized loan obligation (CLO) market just...
Capra Ibex
Mar 13, 20221 min read
29 views
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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
Shift From Primary to Secondary In CLO Equity
by Private Debt Investor Read full article here: https://www.privatedebtinvestor.com/loan-note-cfos-struggling-with-esg-asian-leveraged-f...
Capra Ibex
Feb 27, 20221 min read
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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
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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
Comeback by Japan’s Nochu Adds Fuel to Floating Rate Fire
By Bloomberg Law Read full article here: Comeback by Japan’s Nochu Adds Fuel to Floating Rate Fire
Capra Ibex
Dec 19, 20211 min read
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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
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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
Alt Credit Performance Awards
The Capra CLO Founders Fund was named the best performing structured credit fund by the Alt Credit Awards on October 27, 2021 at a...
Capra Ibex
Oct 26, 20211 min read
50 views
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Junk Loans Shine as Investors Pile Into Riskiest Parts of CLOs
By Wall Street Journal Read full article here: Junk Loans Shine as Investors Pile Into Riskiest Parts of CLOs
Capra Ibex
Oct 13, 20211 min read
4 views
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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
Investors proclaim ‘CLO arb is good’
Media: Creditflux July 2021 Hold on to your hats: at long last market participants agree that US CLO economics are in favor of equity...
Capra Ibex
Jun 30, 20211 min read
21 views
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