Thomas Majewski Empty Rooms: Masterclass on CLOs at Eagle Point Credit Management (Capital Allocators, EP. 284)

Published: Dec. 1, 2022, 9 a.m.

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Today\\u2019s show is both a sponsor insight and another empty room, an exciting investment opportunity where few are paying attention. This time, it\\u2019s CLO equity, an asset that has consistently generated strong returns with modest risk for decades. That fact may come as a surprise to many.

Thomas Majewski is the Managing Partner and Founder of Eagle Point Credit Management, a $14 billion specialist credit manager that\\u2019s believed to be one of the largest investors in CLO equity in the world. Tom has spent his entire career in the structured finance and credit markets, including the early days when he likely was the first person to refinance a CLO.

Our conversation offers a master class on CLOs across Tom\\u2019s career history, the mechanics of CLOs, and nuances of the business. We discuss his early years in the business, characteristics and performance history of the asset, and the launch of Eagle Point in the aftermath of the financial crisis. We discuss Eagle Point\\u2019s strategy, investment process, team, desired traits of successful CLO collateral managers, opportunities in CLO debt, and Tom\\u2019s vision for the business going forward.
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For full show notes, visit the episode webpage here.\\xa0

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