The Standard of Care is central to CLO management. In the second edition of our CLO Insights Series, we examine its practical impact on managers’ responsibilities.
The principle is straightforward but important: CLO Managers must manage capital with the same level of skill and attention they apply to comparable assets across their business. Reasonable care and good faith aligned with leading institutional practices must guide every action, from asset selection and due diligence to monitoring and reporting.
Read the full analysis, produced in association with Weil, Gotshal & Manges (London) LLP, below.
Download The Standard of Care in a CLO
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