
CLOs: From a Niche Element of Credit Markets to a Foundational Pillar of Institutional Yield Strategies
“Following an extended period of reduced activity due to a number of internal and external factors, including interest rate uncertainty, previously high inflation and geopolitical uncertainty, the leveraged finance market saw a welcome resurgence last year. 2024 was the busiest 12-month period since 2021, with the combined volume of total