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ABS East — Going out on a high, CLO lows, the kids aren’t alright

Sasha Padbidri's avatar
  1. Sasha Padbidri
4 min read

If you were at the ABS East conference in Miami this week, there’s a good chance you dropped in on packed parties at venues like LIV nightclub and Soho House — a clear sign that the industry has moved on from the Covid-cautious vibes of last year’s much smaller event.

As usual, Monday night’s event at LIV was hosted by Credit Suisse’s securitized products group, so it may have been a kind of last hurrah.

The group still does very good business, so despite the troubles of its parent it is a hot commodity. It will live on in some shape or form, but there’s a strong chance that next year’s celebrations will have different branding.

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