Today’s show is both a sponsor insight and another empty room, an exciting investment opportunity where few are paying attention. This time, it’s CLO equity, an asset that has consistently generated strong returns with modest risk for decades. That fact may come as a surprise to many. Thomas Majewski is the Managing Partner and Founder of Eagle Point Credit Management, a $14 billion specialist credit manager that’s believed to be one of the largest investors in CLO equity in the world. Tom has spent his entire career in the structured finance and credit markets, including the early days when he likely was the first person to refinance a CLO. Our conversation offers a master class on CLOs across Tom’s career history, the mechanics of CLOs, and nuances of the business. We discuss his early years in the business, characteristics and performance history of the asset, and the launch of Eagle Point in the aftermath of the financial crisis. We discuss Eagle Point’s strategy, investment process, team, desired traits of successful CLO collateral managers, opportunities in CLO debt, and Tom’s vision for the business going forward.   For full show notes, visit the episode webpage here.  Learn More​ Follow Ted on Twitter at @tseides or LinkedIn​ Subscribe to the mailing list​ Access Transcript with Premium Membership​

The sixth episode of Season One of Private Equity Deals released this morning. I’m joined by David Humphrey and Devin O’Reilly from Bain Capital, who worked together on the purchase of Zelis, a healthcare and fin tech company that serves the most abrasive aspect of the healthcare system – dealing with all aspects of medical claims. The deal shines a light on how Bain Capital operates in addressing an important business need. Tune in to Private Equity Deals to hear all about it. Listen to Bain Capital on Private Equity Deals Subscribe to Private Equity Deals Subscribe on Apple Podcast Subscribe on Spotify Subscribe on YouTube Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership