Structured investment vehicle


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Structured investment vehicle

A fund that borrows for the short-term by issuing commercial paper to invest in long-term assets like MBS and asset-backed securities. The profit is made on the credit spread between short-term debt and long-term investments. Structured Investment Vehicles are often used as off-balance sheet investments by financial firms. SIVs played an important role in the credit crunch of 2007-2008.
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Riachi remarked that FFA realized Lebanon's needs for infrastructure and for this purpose the structured investment vehicle was launched.
BEIRUT: The first ever $1 billion structured investment vehicle to channel investments in Lebanon's energy and infrastructure projects is expected to be unveiled by FFA Private Bank.
However, other income included an exceptional, one off $15m recovery arising on the liquidation of a structured investment vehicle that was written off during the financial crisis in 2007.
S & P said it has also completed its global review of all S & P-rated structured investment vehicle (SIV) and SIV-lite (CDOs that pool together bonds backed by mortgages and other asset-backed debt) structures with regard to exposure to these U.
Barclays Capital has been one of the most innovative players in the debt market, embracing the vehicles, which combine traditional structured investment vehicle (SIV) and collateralised debt obligation (CDO) technologies.
For over twenty years he has advised clients on mergers and acquisitions, reinsurance, securities, insurance securitization, private equity, lending, derivative, structured product, structured investment vehicle and stable value transactions, as well as on insurance regulatory matters.
Morton and Parry were portfolio managers with Dresdner Kleinwort's Structured Investment Vehicle, K2, which had USD65m of Barclays Plc's floating rate note issue (FRNs) in its portfolio.
Additionally, the company has chosen to cover all losses recognized by Schwab money market mutual funds as a result of their investments in a single structured investment vehicle that defaulted in 2008.
Morton and Parry were portfolio managers with Dresdner's Structured Investment Vehicle, K2 which had $65 million of a Barclays' floating rate note issue (FRNs) - bonds with a variable coupon - in its portfolio.
CHICAGO -- Fitch Ratings has placed Legg Mason's (LM) Issuer Default Rating (IDR) and senior debt rating of `A-' on Rating Watch Negative following the company's announcement of the sale of Structured Investment Vehicle (SIV) obligations held on its balance sheet or by its sponsored money market funds.
Cayman Islands-based Golden Key, a structured investment vehicle set up by Barclays Capital (LSE: BARC) (NYSE: BCS), has fallen into receivership after the investment bank failed to work out a restructuring with creditors, The Telegraph has reported.
Victoria Finance is a structured investment vehicle (SIV) sponsored by Ceres Capital Partners.

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