Barings Set to Launch One of Europe’s First Private Credit CLOs
- US asset manager launches warehouse for euro middle-market CLO
- A number of other funds looking to launch similar structures
This article is for subscribers only.
Barings LLC is poised to start a middle-market collateralized loan obligation in Europe, kickstarting a nascent strategy that appeals to a number of leading private credit firms in the region.
The US asset manager launched a warehouse vehicle for a debut European middle-market CLO, according to public filings, an early sign of a fresh strategy to bundle private credit loans into a CLO.