Skip to content
Wednesday, October 28, 2026 · Today’s edition, 6:30 a.m. ETWed, Oct 28 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Symetra closes second CLO at $459m, upsizing from $400m

The manager says the deal carries a two-year non-call period and a five-year reinvestment period.

At a glance

  1. Alternative Credit Investor first reported the closing of Symetra CLO 2026-1.
  2. Symetra is a registered investment adviser with $94bn in assets under management, the report says.
  3. Alternative Credit Investor noted Symetra's new-issue print in August, alongside Crescent's doubled equity fund.

Symetra Investment Management closed its second collateralised loan obligation at $459m, upsized from an initial $400m, the firm said. Alternative Credit Investor first reported the closing of Symetra CLO 2026-1.

Symetra CLO 2026-1 carries a two-year non-call period and a five-year reinvestment period and is backed by a portfolio of primarily senior secured loans, according to the manager. Symetra is a registered investment adviser with $94bn in assets under management, the report says.

The upsize equals $59m. Alternative Credit Investor noted Symetra's new-issue print in August, alongside Crescent's doubled equity fund.

Reported by the Direct Lending desk from Alternative Credit Investor. Published . Corrections

Related

Private Credit

Symetra's first 2026 CLO tests the new-issue line

The $459 million BSL print, arranged by Morgan Stanley, is new issuance in a tape crowded with resets — a small test of whether fresh collateral still clears.

Insurance

TIAA commits $750 million to Bermuda's Mariner Re

Mariner Re takes Symetra annuity flows under an arrangement effective Oct. 1, 2026, with SIM leading the portfolio and Nuveen as co-manager.

Private Credit

Tree Line closes $680m continuation vehicle with PGIM and LGT

The vehicle gives existing investors across several Tree Line direct lending funds a liquidity option while Tree Line keeps the loans.

Private Credit

CrowdProperty signs £100m ColCap Financial UK forward flow

ColCap Financial UK, parent of buy-to-let lender Molo, will fund loans of £200,000 to £5m for SME builders over two years.

Private Credit Dailyfrom Private Wealth Daily

Direct lending, asset-based finance, BDCs and evergreen credit funds. Daily at 7:15 a.m. ET.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections