Wall Street and Main Street intersect in so many ways -- from the financial markets impacting everyday life, to the world around us impacting the way we do business. Meet Douglas Blake, Managing Director of Investment Services at Kingswood U.S., at the corner of Wall and Main to learn more about the products, programs, and people that serve the financial services industry, and how to apply them to your practice or investment strategy.
Douglas is joined by Principal and Portfolio Manager of Eagle Point Credit Management, Daniel Ko. Douglas and Dan talk about the interesting CLO (Collateralized Loan Obligation) marketplace.
Highlights Include:
- What is a CLO and what does it mean? (0:08)
- Senior secured loans and their recovery. (8:07)
- The run on regional banks by the S&P. (11:11)
- The two components of the CLO market. (15:11)
- The problem with the captive equity funds. (19:00)
- Is the maturity wall becoming a problem? (22:43)
- Where do you interest rates may go from here. (27:25)
- How Eagle Point took advantage of this opportunity. (31:36)
The views and opinions expressed in this interview are solely those of the interviewee and do not represent the opinions of Kingswood Capital Partners or its affiliates. For informational purposes only. Investing involves risk. Past performance may not be indictive of future results.
Resources: Kingswood U.S. | Eagle Point Credit Management
Related: Investment Themes That Stand the Test of Time With Joe Terranova