Valuation, Transparency, and Disclosure in Private Credit CLOs

The panel addresses valuation challenges in private credit CLOs, including reliance on third-party valuers, the absence of real-time trading prices, and the growing investor demand for financial transparency on underlying assets. European CLO docs rely on manager-determined valuations, and insider trading rules limit disclosure. The fund's ability to repurchase assets at fair value is noted as a liquidity backstop.