Deerpath collects $325 million in second CLO

Deerpath Capital Management in New York announced the closing of Deerpath CLO 2020-1, a $325 million collateralized loan obligation (CLO) that will primarily invest in leveraged loans to middle market private equity-backed companies.

This is the CLO is the second to be issued by Deerpath in the last 16 months, bringing the company’s total CLO assets under management to approximately $635 million.

“Our second middle market CLO demonstrates our continued success in the capital markets,” said Derek Dubois, managing director and treasurer at the firm, in a statement. “This transaction gives our . . .

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