CBAM Closes Its 14th US CLO at $407 Million : vimarsana.com

CBAM Closes Its 14th US CLO at $407 Million


CBAM Closes Its 14th US CLO at $407 Million
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NEW YORK, April 8, 2021 /PRNewswire/ -- CBAM, an alternative investment management firm, today announced the closing of its 14
th US collateralized loan obligation (CLO), CBAM 2021-14, totaling $407 million, with J.P. Morgan acting as lead arranger. This brings CBAM's total CLO issuance to nearly $12.4 billion since the closing of its first CLO in June 2017.
As of February 28, 2021, CBAM's AUM stood at $14.3 billion across multiple credit vehicles and separate accounts.
About CBAM
CBAM Partners, LLC, an Eldridge 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 $14.3 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

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