First-time issuers of CLOs face a unique set of challenges stemming from the inherent complex nature of these
structures. CLOs involve intricate legal and operational components – such as cash flow waterfalls, trustee
coordination, compliance testing, and covenant frameworks – that can be difficult to navigate without prior exposure.
This complexity often leads new issuers to adopt fragmented or ad hoc solutions, which can limit scalability,
hinder effective compliance, and disrupt portfolio management workflows. Additionally, first-time issuers may
struggle with regulatory requirements, and internal readiness, all of which can impact the success and
efficiency of their inaugural issuance.
Siepe’s First-Time CLO Issuer solution helps to streamline and modernize CLO and portfolio management processes by automating traditionally manual workflows – providing real-time oversight into exposures and
concentrations across portfolios.