Garrison sells three CLO management contracts to Anchorage

By Paola Aurisicchio
31 Mar 2020

Garrison Investment Group has sold three broadly syndicated loan CLO management contracts to Anchorage Capital Group, according to sources familiar with the matter.

The New York-based middle market credit manager will remain active in the CLO middle-market sector but it will pull back from the BSL space after completing the sale of Garrison BSL CLO 2015-1, 2016-1 and 2018-1. The transaction is subject to investor approval.

According to people familiar ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial