Host Tom Schopflocher is joined by credit analysts Jie Liang and James Yu in a discussion about private equity collateralized fund obligations (CFOs). First, we provide a general background of what private equity CFOs are. Then, through the lens of the recent Astrea VI transaction, we discuss how we treat these types of deals in our analysis, especially with the COVID-19 pandemic as a backdrop.
Related Article: Presale: Astrea VI Pte. Ltd.