AP NEWS
ADVERTISEMENT
Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

CBAM Closes Its 13th US CLO at $450 Million

December 17, 2020 GMT

NEW YORK, Dec. 17, 2020 /PRNewswire/ -- CBAM, an alternative investment management firm, today announced the closing of its 13th US collateralized loan obligation (CLO), CBAM 2020-13, totaling $450 million, with BNP Paribas acting as lead arranger. This brings CBAM’s total CLO issuance to nearly $12.0 billion since the closing of its first CLO in June 2017.

As of October 31, 2020, CBAM’s AUM stood at $13.6 billion across multiple credit vehicles and separate accounts.

About CBAM
CBAM Partners, LLC an Eldridge Industries business, is an investment management firm and SEC-registered investment adviser founded in 2016 by Don Young, Mike Damaso, and Jay Garrett, headquartered in New York. With $13.6 billion of AUM, CBAM specializes in opportunities across the credit spectrum for institutional clients through separately managed accounts, CLOs, and private funds. To learn more about CBAM please visit www.cbam.com

ADVERTISEMENT

Media Contact

Prosek Partners
Josh Clarkson / Ben Howard
jclarkson@prosek.com / bhoward@prosek.com

Investor Contact

CBAM
John Bedford
212-603-3106
john@cbam.com

View original content: http://www.prnewswire.com/news-releases/cbam-closes-its-13th-us-clo-at-450-million-301194923.html

SOURCE CBAM