Meet 12 bankers, investors, and lawyers helping engineer the next big boom in the $1 trillion world of CLOs
Wonky. Tight-knit. And, insiders say, misunderstood.
Welcome to the obscure world of CLOs, or collateralized loan obligations, where low-rated loans for indebted companies are pooled into a bond and then sold to investors with varying degrees of risk.
CLOs…
