This week we conclude our conversation with  Mark Gold, chief executive officer/chief investment officer, Hillmark Capital Management LLC and its affiliate NewMark Capital LC. Hillmark is a NY-based investment management firm focusing on broadly syndicated loans through CLO vehicles.  Second of two parts – View part one

The Lead Left: Mark, we’re seeing a rush by managers to issue ahead of risk retention rules. Is this temporary?

Mark Gold: Yes, we believe this burst of activity is in response to risk retention.   We also believe this demand has driven up liability prices.

TLL: And banks are certainly not encouraged to be holders of leveraged loans.