Brian McNamara and Conor Power will join WhiteStar Asset Management from MacKay Shields Europe Investment Management to launch the firm’s European CLO business, WhiteStar Asset Management Europe.
The firm announced that WhiteStar Europe and MacKay Shields Europe will work together to ensure a smooth transition for the assignment of the collateral management agreements for MacKay Shields Europe CLO 1 and 2, which total €560 million ($623 million), to WhiteStar Europe. The MacKay Shields European Loan investment and operations team are expected to join WhiteStar Europe in the future to build out an eight-person team based . . .
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Annual subscriptions get you the most bang for your buck, including access to Alternatives Watch Research articles and out Annual Investor Compendium.
Monthly subscriptions and discounted corporate plans for up to 100 members also available.