Sector developments and company hires

CLO portfolio management tie-up inked
S&P has partnered with LevPro to offer enhanced transparency and efficiency for CLO credit portfolio management in the US and Canada. Under the agreement, S&P Global Market Intelligence will combine LevPro’s SaaS-based trade order management systems (OMSs) with existing WSO loan administration capabilities to support customers in the CLO market.

The LevPro platform provides an integrated front- to back-office CLO solution, which could have clients up and running in weeks instead of months typical for traditional OMSs. Key features of the CLO solution include: forward deal calendar with integrated data, trade order management and settlement, pipeline workflow and credit research, loan administration services, CLO compliance reporting, and portfolio dashboards and reporting.

Its technological architecture is also projected to reduce fees and shorten software release cycles for customers, as well as offer real-time access to data through integrated workflows and collaboration tools, as it strives to break away from end-of-day flush and fill systems.

In other news…

North America
Orix Corporation US has strengthened the distribution capabilities of its private markets business with two senior investor solutions hires. Damon Krytzer joins the firm’s asset management business as md and co-head of investor solutions, alongside existing co-head, Jordan Robinson.

Orix welcomes Krytzer to its Park City, Utah office to aid the development of its network of strategic investment partnerships and institutional investors across the middle-market private credit, real estate and private equity sectors. He joins the team from Probitas Partners, where he served as md and head of credit.

Additionally, David DeMilt will join as md of investor solutions to help boost the firm’s business development efforts and improve client and prospect engagement with the asset management platform. DeMilt will be based in the New York office and previously served as md for market and client relations at Oaktree Capital Management. He will report jointly to Krytzer and Robinson.