Clifford Chance's (CC's) London and New York offices have jointly advised new asset management firm Channel Capital Advisors on setting up the first credit derivative product company (CDPC) in Europe.
August 29, 2007 at 09:57 PM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance’s (CC’s) London and New York offices have jointly advised new asset management firm Channel Capital Advisors on setting up the first credit derivative product company (CDPC) in Europe.
CDPCs, which already exist in the US, are synthetic companies set up to take on or swap the economic risk of portfolios of derivative trades.
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