CBAM Closes Its 13th US CLO at $450 Million
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
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
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SOURCE CBAM