Symetra Investment Management (SIM) closed Symetra CLO 2026-1, a $459 million collateralized loan obligation (CLO) transaction and the second CLO issued by SIM. As of June 30, 2026, SIM manages approximately $94 billion in total assets.
The transaction builds on the successful launch of SIM’s CLO platform in 2025 and represents another important step in the firm’s continued growth in leveraged credit. Symetra CLO 2026-1 was upsized from an initial $400 million transaction.
“The successful closing of our second CLO demonstrates the continued evolution of, and ongoing commitment to, SIM’s leveraged credit capabilities,” Nicholas Mocciolo, chief investment officer and interim co-president of SIM, said. “We are very pleased with the momentum the team has established and remain very optimistic with respect to the growth prospects for our CLO business.”
Mark Pelletier, head of leveraged finance for SIM, added, “We greatly appreciate the strong support of our investors, which was instrumental in the successful pricing and upsizing of our second CLO, and the confidence they have placed in our platform. Symetra CLO 2026-1 represents an important milestone in the continued growth of the Symetra CLO platform and reflects the strength of the SIM team and its approach to portfolio construction, as well as the depth of our partnerships across the investor base.”
Symetra CLO 2026-1 is backed by a portfolio of primarily senior secured loans and features a two-year non-call period and five-year reinvestment period. The transaction was arranged by Morgan Stanley.
