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Rhode Island pension fund backs Sycamore Tree and Neuberger for CLOs

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By Paola Aurisicchio
21 Jun 2021

Rhode Island Employees' Retirement System has allocated $250m to Sycamore Tree and Neuberger Berman to invest in CLO equity and mezzanine tranches, following a new strategy that targets CLOs rather than real estate investment trusts (Reits) and master limited partnership (MLPs).

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By Paola Aurisicchio
21 Jun 2021