Insurers, banks and asset managers indicated interest in notes rated AAA through BB, Brightwood Capital Advisors said.
Brightwood Capital Advisors priced its tenth CLO at $253.55m, with GreensLedge as placement agent, the middle-market manager said.
The manager said it received indications of interest for notes rated AAA through BB from insurers, banks and asset managers.
Reported by The Wrap desk from Private Credit Daily tracking. Published . Corrections
Deloitte counts 48% of private credit fund groups refreshing valuations daily on observable market inputs, while BlackRock puts first-lien software loans at about 97% of cost in the second quarter.
The evergreen vehicle targets pension funds, insurers and sovereign wealth funds.
The middle-market manager says it received indications of interest for notes rated AAA through BB from insurers, banks and asset managers.
Apollo and other new minority shareholders expect to commit an aggregate $5 billion to the manager's strategies at an initial close.
Initial reports did not include wrapper, fee, minimum or redemption terms for either channel.
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