The CLO management unit of TFG Asset Management has tapped an old CLO hand to lead the firm's global development efforts. TFG's LCM Asset Management announced Monday (1 August) that it has hired former Deutsche Bank managing director Chris D'Auria, who helped run his former employer's CLO department..
“In today's world of constant market uncertainty, the lending space, in my view, continues to offer investors attractive opportunities that provide stable cash flows and shelter from economic volatility,” LCM senior portfolio manager Farboud Tavangar said in the statement.
