Matches in SemOpenAlex for { <https://semopenalex.org/work/W1996668148> ?p ?o ?g. }
Showing items 1 to 72 of
72
with 100 items per page.
- W1996668148 endingPage "62" @default.
- W1996668148 startingPage "45" @default.
- W1996668148 abstract "Credit structuring technology has been very successfully employed to create the market for collateralized debt obligations (CDO). CDOs redistribute credit risk to meet investor demands for a wide spectrum of rated securities with scheduled interest and principal payments, securitized by diversified pools of debt instruments. The equity components of CDOs are leveraged investments that offer unique risk and return benefits and have created a market for alternative investments linked to the credit markets. Among the more recent innovations in structuring technology is the advent of collateralized fund obligations (CFO). In these structures, investors gain exposure to a diverse collection of funds through a fund of funds manager. The capital structure of a collateralized fund obligation is similar to traditional CDOs, meaning that investors are offered a spectrum of rated debt securities and equity interest. Although any managed fund can be the source of collateral, the target collateral in these structures tends to be hedge funds, along with funds that finance the needs of growing companies, such as private equity and mezzanine funds. Investors benefit from a risk-tranching approach to investing in a diversified pool of funds that are often difficult to access separately. Collateralized fund obligations tend to be structured as arbitrage market value CDOs, meaning that the fund of funds manager focuses efforts on actively managing the fund to maximize total return while restraining price volatility within the guidelines of the structure. In this report, we focus our research efforts on understanding the structure and rating methodology of hedge fund CFOs. We also discuss the motivation for investing in a diversified pool of hedge funds, the collateral type we view as being among the most popular for the burgeoning market of CFOs. Where applicable, we compare hedge fund and private equity CFO structures as well." @default.
- W1996668148 created "2016-06-24" @default.
- W1996668148 creator A5036406384 @default.
- W1996668148 creator A5078374713 @default.
- W1996668148 date "2002-09-30" @default.
- W1996668148 modified "2023-09-25" @default.
- W1996668148 title "Hedge Fund Collateralized Fund Obligations" @default.
- W1996668148 doi "https://doi.org/10.3905/jai.2002.319054" @default.
- W1996668148 hasPublicationYear "2002" @default.
- W1996668148 type Work @default.
- W1996668148 sameAs 1996668148 @default.
- W1996668148 citedByCount "8" @default.
- W1996668148 countsByYear W19966681482012 @default.
- W1996668148 countsByYear W19966681482013 @default.
- W1996668148 crossrefType "journal-article" @default.
- W1996668148 hasAuthorship W1996668148A5036406384 @default.
- W1996668148 hasAuthorship W1996668148A5078374713 @default.
- W1996668148 hasConcept C10138342 @default.
- W1996668148 hasConcept C124932975 @default.
- W1996668148 hasConcept C139719470 @default.
- W1996668148 hasConcept C144133560 @default.
- W1996668148 hasConcept C155301685 @default.
- W1996668148 hasConcept C162324750 @default.
- W1996668148 hasConcept C183582576 @default.
- W1996668148 hasConcept C204434749 @default.
- W1996668148 hasConcept C206757995 @default.
- W1996668148 hasConcept C2777910564 @default.
- W1996668148 hasConcept C33842695 @default.
- W1996668148 hasConcept C34375142 @default.
- W1996668148 hasConcept C39389867 @default.
- W1996668148 hasConcept C55286048 @default.
- W1996668148 hasConcept C68387835 @default.
- W1996668148 hasConcept C73283319 @default.
- W1996668148 hasConcept C86537402 @default.
- W1996668148 hasConceptScore W1996668148C10138342 @default.
- W1996668148 hasConceptScore W1996668148C124932975 @default.
- W1996668148 hasConceptScore W1996668148C139719470 @default.
- W1996668148 hasConceptScore W1996668148C144133560 @default.
- W1996668148 hasConceptScore W1996668148C155301685 @default.
- W1996668148 hasConceptScore W1996668148C162324750 @default.
- W1996668148 hasConceptScore W1996668148C183582576 @default.
- W1996668148 hasConceptScore W1996668148C204434749 @default.
- W1996668148 hasConceptScore W1996668148C206757995 @default.
- W1996668148 hasConceptScore W1996668148C2777910564 @default.
- W1996668148 hasConceptScore W1996668148C33842695 @default.
- W1996668148 hasConceptScore W1996668148C34375142 @default.
- W1996668148 hasConceptScore W1996668148C39389867 @default.
- W1996668148 hasConceptScore W1996668148C55286048 @default.
- W1996668148 hasConceptScore W1996668148C68387835 @default.
- W1996668148 hasConceptScore W1996668148C73283319 @default.
- W1996668148 hasConceptScore W1996668148C86537402 @default.
- W1996668148 hasIssue "2" @default.
- W1996668148 hasLocation W19966681481 @default.
- W1996668148 hasOpenAccess W1996668148 @default.
- W1996668148 hasPrimaryLocation W19966681481 @default.
- W1996668148 hasRelatedWork W2492361528 @default.
- W1996668148 hasRelatedWork W3020902973 @default.
- W1996668148 hasRelatedWork W3122934691 @default.
- W1996668148 hasRelatedWork W3124314580 @default.
- W1996668148 hasRelatedWork W3125731875 @default.
- W1996668148 hasRelatedWork W3196127872 @default.
- W1996668148 hasRelatedWork W3207564466 @default.
- W1996668148 hasRelatedWork W612787655 @default.
- W1996668148 hasRelatedWork W630482524 @default.
- W1996668148 hasRelatedWork W630649493 @default.
- W1996668148 hasVolume "5" @default.
- W1996668148 isParatext "false" @default.
- W1996668148 isRetracted "false" @default.
- W1996668148 magId "1996668148" @default.
- W1996668148 workType "article" @default.