US alternative asset manager Pinebridge Investments has raised its first European collateralised loan obligation fund since the crisis, as the market experiences a resurgence.
The firm has closed a €335 million CLO, it said in a statement yesterday.
Pinebridge joins European CLO revival
The firm has closed a €335 million vehicle, joining 3i, Carlyle and others in successfully pricing a collateralised loan obligation
US alternative asset manager Pinebridge Investments has raised its first European collateralised loan obligation fund since the crisis, as the market experiences a resurgence.
The firm has closed a €335 million CLO, it said in a statement yesterday.