Alternative Investment News

Private Equity

Adams Street Raises $350 Million Middle Market CLO

peprofessional

5 months ago

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Adams Street has raised $350 million with the closing of its first publicly issued middle market collateralized loan obligation, ASP PIF CLO I. The transaction expands Adams Street’s private credit platform and introduces third-party financing to support portfolio growth. The CLO supports a private credit business managing $13.5 billion since launching in 2016.
“This debut CLO represents another important advancement for Adams Street’s private credit platform and reflects strong investor demand...

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