Winnie Cisar is joined by Dave Preston, Head of Structured Credit Research at AGL Credit Management. Together, they delve into the intricacies of the CLO market, discussing the appealing cash-on-cash returns of CLO equity, the significance of CLO manager performance, and the impact of banks and Japanese investors on AAA CLO tranches. Dave also sheds light on the increasing prominence of private credit CLOs and offers insights for investors navigating this complex landscape.