CVC Credit Partners has raised $402.5 million for Apidos XXXIV -- the second collateralized loan obligation fund CVC has priced over the past month, with Cordatus XVIII issued in late September.
Together these two funds total $850 million of new issuance and will increase CVC Credit’s global CLO funds raised this year to $1.6 billion boosting the firm’s CLO assets under management now stand at approximately $17 billion. Overall CVC has grown its assets under management to $26 billion.
Arranged by Deutsche Bank, Apidos XXXIV is CVC’s second new CLO . . .
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