Willow Tree Credit Partners, a private credit alternatives firm, closed Willow Tree CLO II, a $502.3 million collateralized loan obligation (CLO). This is Willow Tree’s second CLO, closing within two months of its first CLO.
The CLO will be managed by Willow Tree and all of the equity interests will be retained by its second managed fund complex.
GreensLedge Capital Markets served as the sole placement and structuring agent. Dechert provided legal representation for Willow Tree.
“The issuance of two middle market CLOs late in 2024 represents a key milestone in the expansion of our platform. We are grateful for the support of all the existing and new investors that have made this possible,” Jim Roche, chief credit officer of Willow Tree, said. “We extend thanks as well to GreensLedge and Dechert for all their endeavors toward this accomplishment. We expect the successful placement of rated debt securities through a BBB- layer for both CLOs to materially benefit our investor base. It is a testament to the efforts of our team toward building a quality middle market direct lending portfolio and represents an exciting product line extension opportunity for our firm.”
