This first CLO 2.0 managed by Natixis Investment Managers\u2019 affiliate Natixis Asset Management was structured and marketed by Natixis\u2019 Corporate & Investment Banking arm and complies with CRD IV risk-retention rules. The deal met with strong investor demand.<\/p>\n
Buoyant market relying on robust expertise<\/strong><\/p>\n Professional investors are seeking solutions that combine yield and credit risk management, and are Natixis\u2019 experts at both Corporate & Investment Banking and Natixis Asset Management worked closely Diversified portfolio and high-quality management<\/strong><\/p>\n The Purple Finance CLO 1<\/em> portfolio is diversified across various business sectors and geographies Purple Finance CLO 1<\/em> is managed by Natixis Asset Management\u2019s corporate private debt team, which Ibrahima Kobar notes: “Natixis Asset Management has been managing structured debt to serve its Emmanuel Issanchou, Head of Global Structured Credit & Solutions at Natixis\u2019 Corporate & Investment Against the backdrop of investors\u2019 current quest for yield and alternative solutions that offer diversification, Natixis announces the closing of European CLO (Collateralized Loan Obligation) Purple Finance CLO 1 for a total of \u20ac308.4 million. <\/p>\n","protected":false},"author":20,"featured_media":68384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1470],"tags":[1655,1856,1859,1671,1681,1651,1691,1952,1677,1678],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/68386"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=68386"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/68386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/68384"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=68386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=68386"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=68386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nrevisiting these investment vehicles.
\nCRD IV regulation, which came into effect in July 2013, has limited availability of CLOs on the market
\nas a result of rules on the alignment of interests, entailing hefty capital requirements and thereby
\ncreating a real challenge for investment managers.<\/p>\n
\ntogether to address these challenges. Natixis Asset Management benefits from more than 15 years\u2019
\nexpertise in corporate debt securitization and is well renowned on this asset class. Teams at Corporate
\n& Investment Banking who managed the structuring and placement of the bonds issued by the CLO
\nhave 13 years\u2019 experience on this market.<\/p>\n
\nand consists of around one hundred corporate debt obligations.
\nAt least 95% of the portfolio will be
\nmade up of first lien senior loans at any given time, while a maximum of 5% of the portfolio can be
\ninvested in subordinated loans and\/or in bonds.<\/quote><\/p>\n
\nis in charge of a range of individual mandates, funds and CLOs with total assets of close to one billion
\neuros (as at November 30, 2017).
\nDeputy Chief Executive Officer of Natixis Asset Management, in charge of Fixed Income and Equities<\/p>\n
\nclients for more than 15 years. We have the necessary set-up required to meet the range of regulatory
\nrequirements involved in CLO 2.0 and a group of highly skilled specialists well equipped to structure,
\nassess risk and select the appropriate loans. We aim to launch one CLO each year, market conditions
\npermitting, and are also carefully considering the US market with a view to pursuing our international
\nexpansion.”<\/em><\/p>\n
\nBanking arm, notes: \u201cMost of the Purple Finance CLO 1 tranches were oversubscribed. The CLO
\nsecuritization format enables sophisticated investors to carefully steer their risk\/return balance as a
\nresult of the various tranches on offer and benefit from a diversified risk profile, while also enjoying a
\nyield premium as compared to the underlying loans. Natixis is extremely active on this market, with 18
\ndeals arranged in 2017.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"