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JUST IN THIS NOON, A BIG MERGER IN PITTSBURGH’S ARTS COMMUNITY. THE BOARDS OF PITTSBURGH PUBLIC THEATER AND PITTSBURGH CLO VOTING IN FAVOR OF CREATING A NEW UNIFIED ORGANIZATION. BOTH SAY THE DECISION ...

Pittsburgh CLO and Pittsburgh Public Theater are forming a new organization. In a joint press release on Wednesday, the organizations announced a merger, saying the decision follows more than a year ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new organization will launch ...

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Pittsburgh CLO and Pittsburgh Public Theater announced they will vote on consolidating their organizations. A letter emailed to supporters on Monday stated the consolidation is “not a merger” but ...

It's no secret that CLO equity funds have had a horrendous time lately. Distributions have been cut, NAVs have deteriorated, and share prices have fallen sharply across much of the sector. And the ...

Investors and CLO managers in the European CLO market are reviewing the impact of the conflict in the Middle East that began this weekend on their portfolios. Following Saturday’s US and Israeli ...

There is a curious paradox at the heart of the European CLO market. The average arbitrage for equity investors is woefully unattractive — yet CLO managers are still able to price deals, apparently ...