Shiloh Bates

Shiloh Bates, Chief Investment Officer at Flat Rock Global and CLO expert with over 20 years in the industry, shares invaluable insights on Collateralized Loan Obligations. He breaks down CLO structures, likening them to mini-banks with diverse loan portfolios. Shiloh discusses the attractive yields of CLO equity compared to traditional high-yield bonds, emphasizing lower default rates and recovery prospects. Additionally, he explores the importance of sector diversification and effective portfolio management in enhancing performance during economic downturns.

Shiloh Bates, Partner and CIO at Flat Rock Global, brings two decades of experience in CLO and private credit investing. He shares insights on the rapid growth of private credit, noting its appealing yields and lower volatility. Bates also delves into the trends of covenant-lite lending and how it impacts credit agreements. He discusses the industry concentration in CLOs, primarily in tech and healthcare, alongside how refinancing and defaults shape CLO returns. Additionally, he explains the implications of Fed easing on the market and what investors should keep an eye on.

Shiloh Bates, Chief Investment Officer at Flat Rock Global and author of "CLO Investing," shares insights from his 25-year career in collateralized loan obligations (CLOs). He discusses the significant evolution of CLOs into a trillion-dollar industry and highlights the importance of loan selection and risk management. Shiloh also examines investment strategies for CLO equity, the advantages of interval funds over traditional credit vehicles, and the importance of education in the sector, rounding out the conversation with personal reflections on life beyond finance.

Shiloh Bates, Partner and CIO of Flat Rock Global and author of "CLO Investing," joins the conversation to discuss the intricacies of collateralized loan obligations (CLOs). He explains how CLOs perform during recessions and the factors to consider in CLO equity investing. The talk covers the dynamics of private credit, highlighting investment strategies amidst economic uncertainty and the importance of selecting top-performing CLO managers. Bates also shares insights on the education needed for navigating risks while maximizing income opportunities.

Shiloh Bates, CIO of Flat Rock Global, discusses everything about CLOs, from definitions to their performance. He shares his career journey, explains cash flow in bankruptcy, and differentiates CLOs from HY bonds. Bates also talks about writing a book on CLO investing and the benefits of reading practitioner-authored books.