Detailed view for this entity.
“These companies are called Eagle Point Credit, Soundpoint Meridian, Pearl Diver Credit, Oxford Lane Capital, Carile Credit... All of them have lost 15 to 35% in less than 90 days. Those are massive plummets for collateralized loan obligation equity funds.”
“These companies are called Eagle Point Credit, Soundpoint Meridian, Pearl Diver Credit, Oxford Lane Capital, Carile Credit. Notice they all sound like they have really fancy institutional names. Great. All of them have lost 15 to 35% in less than 90 days. Those are massive plummets for collateralized loan obligation equity funds.”