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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Ivy Hill Asset Management, L.P., a wholly owned portfolio company of Ares Capital Corporation (NASDAQ: ARCC), is an SEC-registered investment adviser, comprised of an experienced team of investment professionals focused on investing in and managing primarily middle market senior secured assets through structured investment vehicles and managed accounts.
A Shadow banking system is a network of financial institutions comprising non-depository banks like the structured investment vehicles, hedge funds, investment banks, and money market funds.
But real estate brokers familiar with these large government projects say it's not unusual for developers to use firms like Net Lease Capital to set up structured investment vehicles to help finance a project, or for developers to promptly sell the clinics when they're completed.
In addition, McGraw Hill reached a separate $125 million settlement with the California Public Employees' Retirement System to resolve its claims regarding ratings on three structured investment vehicles.
Such intermediaries, which include hedge funds, money market funds and structured investment vehicles, provide credit to the financial sector, but, unlike banks, have no access to central bank support or safeguards such as deposit insurance and debt guarantees.
lenders, structured investment vehicles, sponsored money market funds,
DFS Superintendent Ben Lawsky even invoked AIG and analogized the use of captives to the same risky practices that precipitated the 2008 financial crisis, issuing subprime mortgage-backed securities (MBS) through structured investment vehicles and writing credit default swaps on higher-risk MBS.
Shadow banking is a catch-all term for an industry that encompasses hedge funds, private equity firms and structured investment vehicles, which blossomed outside the conventional bank sector during the past decade.
Its importance was exposed only by analysis of the key roles played by structured investment vehicles (SIVs) and money-market funds (MMFs) in the 2008 meltdown.
(August 30, 2011) -- The California Public Employees' Retirement System (CalPERS), the largest public pension in the US, has settled a lawsuit with Fitch Ratings over claims that it, along with Moody's Investors Service and Standard & Poor's, assigned unreasonably high ratings on structured investment vehicles (SIVs).
When people turn up demanding the repayment of government bonds offer them some of the worthless structured investment vehicles that brought down much of the Western financial system.
Shadow banks such as structured investment vehicles, hedge funds and money market mutual funds, could be used, according to regulators, to evade attempts aimed at preventing excessive risk taking.

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