The merger leaves unknown the fate of the 650-seat O'Reilly Theater, built for the Public in 1999. In the biggest shakeup on the local theater scene in decades, Pittsburgh’s two largest theater ...

JUST IN THIS NOON, A BIG MERGER IN PITTSBURGH’S ARTS COMMUNITY. THE BOARDS OF PITTSBURGH PUBLIC THEATER AND PITTSBURGH CLO VOTING IN FAVOR OF CREATING A NEW UNIFIED ORGANIZATION. BOTH SAY THE DECISION ...

Pittsburgh CLO and Pittsburgh Public Theater are forming a new organization. In a joint press release on Wednesday, the organizations announced a merger, saying the decision follows more than a year ...

The leadership of Pittsburgh Public Theater and Pittsburgh CLO announced Wednesday that the boards of both companies have voted to merge into a new cultural institution. “This theater will be a ...

It's no secret that CLO equity funds have had a horrendous time lately. Distributions have been cut, NAVs have deteriorated, and share prices have fallen sharply across much of the sector. And the ...

Troy Segal is an editor and writer. She has 20+ years of experience covering personal finance, wealth management, and business news. Collateralized loan obligations (CLOs) are structured securities ...

Concerns about rising defaults in the leveraged loan market are spilling into retail funds that own the riskiest slices of collateralized loan obligations, or CLOs. These equity tranches, often ...

Fear of rising defaults is spreading from the leveraged loan market to some of the retail funds that ultimately buy the debt as investors get choosier about taking on credit risk. The biggest buyers ...

Fidelity launches two actively managed CLO ETFs Existing CLO ETFs have attracted tens of billions in assets Investor appetite for CLO ETFs continues to grow PROVIDENCE, Rhode Island, Feb 12 (Reuters) ...

Fidelity Investments is expanding its presence in collateralized loan obligations with two new actively managed ETFs that split exposure between AAA-rated tranches and lower-rated slices of the market ...

A multiyear legal skirmish between two 3D fashion technology providers has come to an end, with a Chinese court ruling that large-scale commercial piracy took place. The Zhejiang Provincial High ...