American Capital raises $450 mln CLO fund

American Capital Ltd. said Wednesday that it has agreed to establish American Capital CLO Fund I LP, a $450 million fund that invests in equity tranches of CLOs. The fund is buying $300 million of American Capital’s existing CLO equity portfolio and will have $150 million of investment capacity. The fund is expected to close in 90 days.

6 August 2015•3 mins read
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