EU alternative funds hold €17bn of CLOs

Alternative investment funds' (AIFs) exposures to collateralised loan obligations (CLOs) hit €17 billion ($19 billion) as of 2017, according to a report by the European Securities and Markets Authority (Esma).

AIFs also have exposures of €71 billion to leveraged loans. In total, the combined exposures are spread across over 500 AIFs, with a total net asset value (NAV) of €475 billion. 

However, exposures are concentrated in a much smaller number of funds. The top 20 funds account for around

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here