Our CIO wrote the book on CLO investing

CLO Investing – With an Emphasis on CLO Equity & BB Notes

CLO Investing Book Front and Back

Flat Rock Chief Investment Officer Shiloh Bates wrote the first book of its kind, CLO Investing – With an Emphasis on CLO Equity & BB Notes (“CLO Investing”).

Drawing on Shiloh’s more than 20-year career in the CLO (Collateralized Loan Obligations) space, CLO Investing explores the unexpected comeback of CLOs following the 2008-2009 Global Financial Crisis and the reasons for their resurgence.

Looking to incorporate alternative asset classes into your portfolio? Or want to learn more about the $1trillion and growing CLO market? This is the book for you.

Want to know even more about CLOs and CLO investing? Listen to this podcast featuring a Q&A interview with Shiloh.

BOOK REVIEWS

Check out the acclaim from industry peers

Randy Schwimmer
Randy SchwimmerCo-Head of Senior Lending, Churchill Asset Management
“The industry has long needed a clear, thorough explanation of CLOs and their importance to markets. There's no one better qualified than Shiloh Bates to write it. He masterfully unpacks the details on vehicle structures as well as their role in the leverage finance ecosystem. This book is a must-read for anyone in the world of finance.”
Steve Nesbitt
Steve NesbittChief Executive Officer of Cliffwater
“Often described as the largest niche market nobody has ever heard of, Shiloh skillfully demystifies CLOs. This is your authoritative guide to the $1 trillion CLO asset class and CLO Equity and BB Notes in particular.”
Patrick Wolfe
Patrick WolfeManaging Director at BlackRock
“It’s a must-read for a variety of investors, whether they’re new to the asset class or currently working in the growing CLO market.”

About Shiloh Bates

Shiloh Bates joined Flat Rock Global in 2018 and is a Partner and Chief Investment Officer. Prior to joining Flat Rock Global, Mr. Bates was a Managing Director at Benefit Street Partners where he worked on corporate acquisitions. Prior to that, Mr. Bates was the Head of Structured Products at BDCA Advisor, where he was responsible for investments in CLOs, leveraged loans, and publicly traded BDCs. During his 20-year career, Mr. Bates worked for several CLO managers and invested over $1.5 billion in CLO securities. He is a frequent panelist at CLO conferences.

Shiloh Bates