Arcano Partners, a leading independent financial advisory and alternative asset management firm, has announced the launch of a Collateralized Loan Obligation (CLO) platform following the completion of a €150 million capital raise dedicated to CLO equity investments.
The firm has received backing from strategic investors, including Jefferies, as well as committing its own capital and seeing significant investment from Arcano Partners’ employees.
The platform has been structured to issue multiple CLOs over the next few years. The first securitization vehicle (warehouse) for the platform is already open, with pricing expected in the next few months. Jefferies will act as the arranger for Arcano’s inaugural CLO.
Leadership and Team Expansion
Emilio Hunolt, Partner and Head of Private Credit and seasoned leveraged loan professional, will lead the CLO platform. Berchmans Rivera, CLO Portfolio Manager, will manage portfolio construction and investment strategy. With 19 years of expertise—17 of which were at Credit Suisse Asset Management, one of the largest CLO managers globally—Rivera was brought on to contribute to the establishment of Arcano’s CLO platform, leveraging his deep knowledge of CLO portfolio management and structuring. CLO Co-Portfolio Manager, Beatriz Forero, will play a key role in overseeing the CLO portfolios alongside Rivera. Javier Cervino will continue to manage third party CLO investing funds and support the platform with both structuring and optimization.
As part of its strategic expansion, Arcano Partners has dedicated considerable resources to ensure the success of the CLO platform. This includes significant investments in technological infrastructure and the expansion of its team with additional investment professionals to support growth. Combined with the firm’s established expertise in credit, these efforts position Arcano to become a key player in the European CLO market.
Executive Statements
"The launch of the CLO platform is a key step in Arcano's evolution as a European credit manager. This achievement has been made possible thanks to our extensive experience in credit and structured credit markets, supported by a strong and consolidated team. The commitment of our strategic investors, along with the support of Jefferies, has been instrumental in laying the foundation for this platform, which will play a vital role in driving our future growth," said Emilio Hunolt, Partner and Head of Private Credit at Arcano Partners.
Manuel Mendívil, Chief Investment Officer and Co-CEO of Arcano Capital, added: "We are proud to launch a CLO platform, which marks a significant milestone for Arcano and a natural progression from our high-yield, leveraged loan, and private credit platform launched 15 years ago, which currently has €3.0 billion in assets under management. This initiative is the culmination of a focused effort to build a world-class credit platform, supported by key partnerships and a commitment to excellence in execution. We would like to thank our European investors for their strong backing and trust in our vision. Their support, along with the expertise of our team, gives us confidence that we can consistently deliver attractive, risk-adjusted returns and establish Arcano as a prominent CLO issuer."
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:
· Alternative Asset Management, with €11bn 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 offering a transversal technology/digital approach.
· Arcano Research 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.
· Arcano Asset & Capital 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 more than 20 nationalities across 7 offices in Europe and the United States and has become one of the independent firms of reference in the European private markets industry.