First Eagle to acquire CLO manager THL Credit Advisors
First Eagle Investment Management will acquire THL Credit Advisors, a credit investment and CLO management firm headquartered in Boston which has approximately $17bn in assets.
The acquisition is expected to close in the first quarter of 2020, and will strengthen First Eagle’s platform in the tradable credit and middle-market direct lending market. THL manages both middle market and broadly syndicated CLOs.THL Credit chief executive Chris Flynn will become president of the ...
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