Maranon Capital closed Maranon Loan Funding 2023-2, a $400 million collateralized loan obligation, representing the 11^th CLO issued by Maranon.

Maranon Loan Funding 2023-2 will primarily invest in leveraged loans to middle market, private equity-backed companies. The transaction was structured to comply with U.S. risk-retention requirements and has a two-year non-call period and a four-year reinvestment period.