Delivering innovative solutions for structured products market
We believe refinancing CLOs should be fast, simple and fair…
like the Dutch auction system that inspired our name
Expertise
Our team of experts are passionate about bringing innovation to the financial services sector. We employ financial service professionals side by side with technology experts to create products we wished existed. Let us help you streamline the refinance process, because simple is always better.
Innovation
The traditional CLO refinancing process can feel a bit like a chore: talk to an underwriting bank, structure new securities, get rated by rating agencies and so on. Why go through such a cumbersome and expensive process, when you don’t have to? We believe that refinancing CLOs should be fast, simple and fair, like the Dutch auction system that inspired our name.
Efficiency
KopenTech LLC is a cutting-edge, financial technology company bringing cost reductions and efficiency to the asset backed securities market through our online auction technology platform. Applicable Margin Reset is designed to streamline the CLO refinancing process, eliminating many of the obstacles and complications of the traditional refinancing process.
September 2016
SEC issues no-action letter to Sancus Capital Management LP on proposed CLO AMR mechanism
July 2017
First CLO with embedded AMR feature: Crescent’s Atlas Senior Loan Fund VIII
December 2017
MUFG prices Mountain View CLO 2017-2 featuring AMR for Seix Investment Advisors
June 2017
BNY Mellon commits to AMR agent role in the first of-its-kind CLO transaction august 2017
October 2017
First time AMR feature is embedded into a reset Transaction: Trimaran Advisors LLC restructured and upsized a Catamaran CLO 2014-1
January 2018
Auction Technology Service Provider KopenTech LLC is launched
2016
September 2016
SEC issues no-action letter to Sancus Capital Management LP on proposed CLO AMR mechanism
2017
June 2017
BNY Mellon commits to AMR agent role in the first of-its-kind CLO transaction august 2017
July 2017
First CLO with embedded AMR feature: Cresecent’s Atlas Senior Loan Fund VIII
October 2017
First time AMR feature is embedded into a reset Transaction: Trimaran Advisors LLC restructured and upsized a Catamaran CLO 2014-1
December 2017
MUFG prices Mountain View CLO 2017-2 featuring AMR for Seix Investment Advisors
2018
January 2018
Auction Technology Service Provider KopenTech LLC is launched