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May 15, 2019  

Atalaya Adds CLO-Issuance Unit

Debt-focused fund operator Atalaya Capital is expanding its services to include issuing collateralized loan obligations.The effort started with an April 29 deal that saw Atalaya purchase CLO-management contracts from Tiptree Asset Management. Those contracts are for six deals totaling $1.7 billion that Tiptree issued under the Telos label. Atalaya plans to begin issuing its own CLOs, also under the Telos label, starting as early as June.Under its...

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