Bridgepoint is pleased to announce that it has priced Bridgepoint CLO V, a new issue Collateralised Loan Obligation (CLO) vehicle totalling €400m. Morgan Stanley served as lead arranger. Bridgepoint CLO V is the first CLO priced by Bridgepoint Credit in 2023, following the pricing of Bridgepoint CLO IV in December 2022. With a four-and-a-half-year reinvestment period, the latest CLO was supported by over 20 of Bridgepoint’s global investor base.
John Murphy, Partner and Bridgepoint’s Head of Syndicated Debt said:
“We are excited to have priced our first CLO of the year and the fifth under our CLO programme, as we seek to take advantage of attractive market conditions for credit investing. We are grateful for the support shown by our existing investor base, as well as new investors to the platform, as we continue our disciplined approach of constructing high quality portfolios coupled with seeking attractive opportunistic investments as those situations arise.”
With more than €12bn of assets under management in corporate credit across the risk/reward spectrum, Bridgepoint credit is one of Europe’s most experienced credit managers, and focuses on three complementary investment strategies: Direct Lending, Credit Opportunities and Syndicated Debt.
Bridgepoint is one of the world’s leading quoted private asset growth investors, specialising in private equity and private debt.
With over €38bn of assets under management and a strong local presence in Europe, the US and China, we combine global scale with local market insight and sector expertise, consistently delivering strong returns through cycles.
We have a diversified approach to investing across four verticals: Advanced Industrials, Business & Financial Services, Consumer and Healthcare – with Technology as a horizontal connected to everything everywhere.
Bridgepoint Advisers Limited, a subsidiary of Bridgepoint Group plc, is authorised and regulated by the Financial Conduct Authority.
