Jefferies, Kennedy Lewis commit $160m to TCW CLO business

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By Paola Aurisicchio
12 Nov 2020

Jefferies and Kennedy Lewis Investment Management will invest $160m with asset manager TCW to boost the firm's CLO issuance program over the next two years.

According to an announcement from Los Angeles-based TCW, Jefferies and Kennedy Lewis are committing to purchase $160m of CLO equity that will support the TCW issuance of multiple CLOs over the next two years. 

TCW is also opening a warehouse facility imminently, according to people familiar with the matter. 

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