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.

Our team of experts at table
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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.

Efficiency illustration
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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

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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