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Cloud 9fin

Tranche Talk — CLO investing in a new regime with BlackRock’s Saffet Ozbalci

14 Oct 2025

Description

In this episode of Tranche Talk, Cloud 9fin’s CLO series, our global head of CLOs, Tanvi Gupta, talks with Saffet Ozbalci, global head of structured credit at BlackRock.They talk about the nuances of investing in CLOs with a backdrop of dramatic bankruptcies, relative value in CLO tranches in a new rate regime, what’s next in structural innovation in the capital stack, the need for standardization of docs and, most importantly, the (unlikely) outcome of the UEFA Champions League.Have any feedback for us on the podcast? Send a note to [email protected]. Thanks for listening!

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