Arcano Partners, a leading independent firm specializing in Private Markets and Fixed Income, has successfully completed the issuance of the first Collateralized Loan Obligation (CLO) from the platform. The €435 million transaction, Arcano EURO CLO I DAC, represents the first step in Arcano’s broader strategy to make the CLO platform a recurring issuer in the European CLO market. The platform aims to issue two CLOs per year and has already secured the necessary capital to structure at least five transactions of comparable size.
Strengthening Arcano Partners’ CLO Platform within the Asset Management Division
Arcano Partners’ Asset Management Division brings more than 15 years of experience in European credit and 8 years in CLO investing, solidifying its reputation as one of the leading credit investors in Europe. Following this transaction, Arcano’s credit platform manages €3.7 billion in assets, with continued expansion across European syndicated loans, high-yield bonds, structured credit and direct lending strategies.
The CLO platform is led by an experienced team, including Manuel Mendívil (Partner, Co-CEO and CIO), Emilio Hunolt (Partner, Head of Private Credit and Structured Products), and Portfolio Managers Berchmans Rivera and Beatriz Forero, as well as Javier Cervino, Structured Credit Portfolio Manager and Structurer.
Commenting on the transaction, Emilio Hunolt said: “This transaction represents a key milestone in our expansion within the European credit market. The strong demand from top-tier institutional investors validates the strength of our value proposition and reinforces our commitment to building a leading CLO platform in Europe.”
Manuel Mendívil added: “This CLO marks the natural evolution of our private credit and leveraged loan strategy, areas where we have been generating value for our investors for over 15 years. With this first Arcano EURO CLO I DAC, we consolidate our position in the structured credit space and continue building a best-in-class investment platform in Europe.”
Key Transaction Details
Issuer: Arcano EURO CLO I DAC
Issuance Size: €435 million
Arranger and Placement Agent: Jefferies
Co-Portfolio Managers: Arcano Loan Advisors S.L. / Arcano Capital SGIIC, S.A.
Non-Call Period: 2 years
Reinvestment Period: 5 years
Weighted Average Life (WAL): 5.6 years
Legal Maturity: 14 years
With this transaction, Arcano Partners’ Asset Management Division takes a decisive step in its strategy for expansion in the European CLO market, reaffirming its position as a key player in the structured credit sector in Europe.
About Arcano Partners
Arcano Partners, founded in 2003, is an independent global firm with more than 20 years of experience in international financial advisory and private markets asset management. Arcano currently has four business areas:
• Asset Management, with more than €11 billion managed and advised since the start of its activity in 2006, and with six asset classes: Private Equity, Credit Strategies, Real Estate, Sustainable Infrastructure, Venture Capital, and Aviation Finance. Arcano has a strong focus on sustainability and responsible investment, being one of the benchmark asset managers in ESG.
• Investment Banking provides advisory services in M&A, refinancing, restructuring, and capital markets transactions to companies in various sectors. Arcano has specialized teams by sector and additionally offers a transversal technology/digital approach.
• Analysis and Consultancy provides economic, real estate, and differential market analysis, as well as geopolitical and technological analysis of both local and global trends. This analysis is extremely useful for optimizing business decisions, especially in environments of extreme uncertainty where the impacts of making mistakes are profound and can be mitigated by investing in quality analysis.
• Asset Finance, an area that allows investors to participate in the creation of solutions for the financing of real or intangible assets in Spain.
Arcano Partners has a team of more than 260 professionals of over 20 nationalities across 7 offices in Europe and the United States and has become one of the most recognized and established independent financial firms in Europe
Photo: Manuel Mendívil (Partner, Co-CEO and CIO), Emilio Hunolt (Partner, Head of Private Credit and Structured Products), and Portfolio Managers Berchmans Rivera and Beatriz Forero, as well as Javier Cervino, Structured Credit Portfolio Manager and Structurer