New Mountain Capital prepares maiden CLO deal
New Mountain Capital is the latest manager to make a first foray into the US CLO market, readying its inaugural broadly syndicated loan deal, according to sources.
The New York-based investment firm manages over $20bn in assets across public and private equity and private credit strategies. Sources say that the company is now working on ramping its first CLO.New Mountain's entrance into the CLO market follows the hiring of Ivo Turkedjiev, who joined the firm ...
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