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Services for....... Asset Managers CDO Managers Issuers CMBS Programs Trustees Institutional
Investors Complex ABS Programs Hedge Funds Servicers Technology Providers
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Securitization
and Structured Finance Orchard
Street Partners supports a wide variety of strategic issues including, revenue enhancement and cost containment strategies,
market and product analysis, vendor assessments, the selection of appropriate technologies, competitor analysis and the impact
of regulatory changes on your business model.
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Restructuring your Securitization
Program Service Model . It is only within the past several months that the markets for structured debt programs
have even started to recover. Many issuers are still on the sidelines waiting for investor demand and clearer guidance
from regulators as to the future of their structures. . While we firmly believe that the markets will continue to recover, we also think
that these slow market conditions present a wonderful opportunity for issuers and program managers to revisit their program
service infrastructure including, trustee services, cash management and treasury services, applied technologies; even accounting
and legal services that support their programs. Whatever the new model for securitization becomes over time, there
is no doubt that service requirements will change and program costs will likely increase. Now is the time to reevaluate
your service arrangements to identify unnecessary costs and service deficiencies. Allow Orchard Street Partners to utilize
its more than 25 years of experience in structured finance to help your organization make good use of this opportunity to
reevaluate your service providers and to find the right solutions for you.
Some examples of
our current offerings include: . Transaction Management Services . In connection with both existing programs and new financings, Orchard Street Partners offers clients
and their advisors the ability to draw on our experience and resources to assist in several of the logistical areas associated
with a new program; ones that are increasingly both complex and costly and which too often are given secondary levels
of attention. . Assisting in areas including deal documentation coordination,
collateral delivery and certifications, regulatory filings, identifying specialized technologies, selecting technology,
reporting and service providers, Orchard Street Partners serves as an invaluable compliment to your bankers, legal counsel
and your own staff as you move through deal documentation and program setup. . We can particularly helpful to firms managing
established securitization programs, as they take advantage of current market conditons to reevaluate their service
providers including asset servicing, modeling software, statistical reporting, securities custody and bond trustee
services. Orchard Street Partners can help you "Re-Strike the Balance" between benefits
and costs associated with your program. . We are
also capable of creating ongoing support schemes which allow us to become a regular part of your “deal team” for
future financings, saving you the trouble of carrying dedicated staff for these non-routine activities. . Asset Servicer Advisory Services . A critical component of every securitization is the quality
and efficiency of the organization servicing those assets. In today’s turbulent markets, having a high degree of
confidence in your servicing arrangements both at the time of placement and then ongoing is extremely important. Orchard Street Partners is an independent expert with more
than 25 years of experience in asset servicing in a wide variety of asset classes and for a full array of different servicer roles
including primary, master, back-up and stand-by servicer. Our clients can utilize our services to evaluate either an
existing servicer or a potentially new servicing situation and have the confidence that our conclusions provide both constructive
findings and, where necessary, pragmatic recommendations for improvements. . We can
also help our clients develop suitable programs for servicer surveillance that may or may not include applied technologies
and which consider the location, scale and complexity of the asset pool. You will not get a “canned” solution
from us…… we customize every solution to meet each client's specific needs. . CDO and CLO Manager Replacements.
For a variety of reasons, many institutional investors have considered their
options for replacing the current asset manager for their CDO or CLO programs. The severe Market conditions of the past
several years conditions have raised a flag with many investors who are concerned about the viability of their program manager.
On the other hand, many CDO managers have reciosndiered their abilities and commitment to servicing this specialized marketplace.
As a result, there have been several dozen changes in CDO managers over
the past few years. . Orchard Street Partners has been actively involved
in this ongoing market evolution. We can tell you which managers seem committed, which seem less so and which firms
are taking the necessary steps to ensure that these complex instruments are getting the level of expert management that they
require. . * If you are a CDO or CLO Investor concerned about your current management arrangements,
allow us to help you sort through these issues and perhaps offer some alternative suggestions. . * If you are a CDO or CLO Manager considering options for your business, we can offer more than three
years of experience in helping firms both sell and acquire CDO portfolios.
. Trustee Evaluation Program . Working
with issuers of both new programs and for better management of their existing deal portfolio, Orchard Street Partners leverages
its extensive experience to improve both the service quality and the economics associated with trust, custody, cash management,
investment and investor reporting for CDO’s, CMBS, RMBS, ABS and emerging asset classes. . We will evaluate both new and revised strategies for related
services including deal modeling and surveillance technologies, investor reporting, conduit administration and tax reporting. You
can rely on our experience and insight to develop the right strategies for keeping your service levels on track and the economics
for these services in line with future market conditions. .
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