Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
Andrew Rabinowitz, chief operating officer and partner at Marathon Asset Management

10500

BNY Mellon appointed trustee and agent for Marathon’s USD356m CLO

RELATED TOPICS​

BNY Mellon has been appointed trustee, collateral administrator, paying agent and calculation agent by Marathon Asset Management for its USD356m collateralised loan obligation.



In its role, BNY Mellon Corporate Trust will provide a variety of services for Marathon Asset Management, including processing principal and interest payments and maintaining bondholder records.

"We remain committed to servicing the CLO marketplace, which has shown strong signs of life following the financial crisis," says Jocelyn Lynch, managing director at BNY Mellon Corporate Trust. "We are well equipped to support Marathon as they execute and manage this offering."

"Marathon is pleased to issue its latest CLO and partner with the best service providers in the market. BNY Mellon is one of the best and provides us with excellent quality service," says Andrew Rabinowitz (pictured), chief operating officer and partner at Marathon Asset Management.

Latest News

New research from Carne Group reveals fund managers expect alternative asset classes to see the..
Brown Brothers Harriman & Co has expanded its relationship with AllianceBernstein (AB), by adding to..
The trading and investment platform eToro has extended its proxy voting feature to all stocks..

Related Articles

The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Pension funds
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next decade, industry research reveals...
UK defined benefit (DB) pension plan sponsors could have access to GBP 1.2 trillion in surplus assets over the next..
Tim Crawmer, Payden & Rygel
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also, given that equities had a strong year last year, big funds have taken some chips off the table in equities and put them into fixed income...
Tim Crawmer and Frasat Shah of Payden & Rygel write that higher yields are attracting more demand from investors. Also,..
Lady justice
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI) strategies received glowing commendations from the Bank of England in its March report...
Top marks for the Pensions Regulator (TPR) whose efforts to improve resilience in the UK pension funds’ liability-driven investment (LDI)..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by