UMB Expands Collateralized Loan Obligation (CLO) Division
Three industry veterans bring more than five decades of CLO experience to UMB
They join a seasoned team led by Senior Vice Presidents
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Brigham, team manager, leads senior relationship management for the CLO group. Most recently he was with
Wilmington Trust as vice president, CLO, Borrowing Base and Loan Administration Services. -
Hwang, relationship manager, supports senior relationship management. His most recent role was vice president – senior relationship manager, CLO Trustee at
Wilmington Trust . -
Knecht, team manager, leads CLO business solutions and intelligence. Prior to taking on this role, he was with
Wilmington Trust as senior vice president in the CLO Transaction Servicing Team.
“We are thrilled to welcome Henry, Willis and Dave to our team,” said Pham. “With the expansion of our
The new hires are part of UMB’s strategic initiative to further strengthen its position and customer offerings in the CLO market. The CLO business, which is part of UMB’s Corporate Trust and Agency Services group, provides trustee and collateral administration services for investment managers holding portfolios of loans in CLOs and other structures, including business development companies, borrowing base facilities, private funds and registered funds.
“We are continuing to see a clear and growing desire from investment managers for additional support in this area from their trustees,” said
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Kaele Palmer: 202.276.2471
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