CVC Credit priced Cordatus XXI, a collateralized loan obligation fund totaling €406 million ($481.1 million) and arranged by Barclays. This is the fourth CLO fund CVC Credit has priced globally this year and will take its assets under management to more than $29.5 billion.
CVC Credit priced Apidos XXXVI, a collateralized loan obligation fund totalling $508 million. This is the third new CLO fund CVC Credit has priced globally this year and will increase its assets under management to approximately $29 billion.
Eagle Point Credit Management appointed Nate Morse head corporate trader. Morse has more than 20 years of industry experience. Prior to joining Eagle Point Credit Management, he spent five years as a credit trader at Aristeia Capital.
CIFC Asset Management launched the CLO Initiative for Change, a philanthropic program connected to collateralized loan obligations issued by the firm and dedicated to supporting organizations driving social, economic and/or environmental change.
Monroe Capital closed a $455 million term debt securitization known as Monroe Capital MML CLO XI. The term financing is Monroe Capital’s sixth CLO completed since March 2018 and is secured by a portfolio of middle market senior secured loans.