Levine Leichtman Capital Partners, the Los Angeles based investment firm, gained national recognition for its role as Collateral Manager for Genesis CLO 2007-2 which was named CDO of the Year by Institutional Investors during the 4th Annual US Securitization Awards held in New York on April 17th. Genesis CLO 2007-2, which closed in December 2007, is a $1.6 billion CLO created using assets from several collapsed CLO warehouses supplemented with secondary market purchases following the leveraged loan market dislocation in late 2007. Deutsche Bank, which underwrote Genesis CLO 2007-2, selected Levine Leichtman Capital Partners as Collateral Manager based in part upon LLCP’s ability to provide needed investment capital and close the transaction on an expedited basis.
Levine Leichtman Capital Partners established a dedicated leveraged loan team in 2007 and has taken advantage of attractive loan prices during the recent financial market turmoil. Since December 2007, the firm has grown its loan assets under management by more than $1.8 billion and is committed to the leveraged loan business. LLCP continues to seek opportunities to deploy additional capital through direct investments in CLOs and other long term investment structures.