25 February 2025
Alcentra secures over US $1billion in new equity commitments across its CLO strategies
Alcentra, a global alternative credit asset manager, part of Franklin Templeton, today announces significant inflows to its CLO focused strategies, having secured US $1 billion in equity capital commitments.
This will be mostly invested in CLO mezz and equity via the firm's 3rd party CLO tranche investing platform. A portion of the capital will form part of Alcentra’s second captive European CLO equity fund, contributing to approximately US $4.0 billion of AUM in European CLOs over the next 3 years.
These important milestones highlight the strong appetite from institutional investors for opportunities in the global CLO market, and underscore Alcentra’s track record of delivering superior risk-adjusted returns through its disciplined approach to credit investing.
Alcentra currently manages over US $18 billion across European loans, European CLO issuance and global third-party CLO tranches, via its European Liquid Credit and Structured Credit businesses. Alcentra’s Structured Credit business is led by Cathy Bevan and its European Liquid Credit business by Daire Wheeler.
“We have seen a resurgence in the popularity of CLOs among major institutional investors over the past six months,” said Cathy Bevan, Head of Structured Credit and PM at Alcentra. “The track record of our global structured credit business, the set-up of our team across US and Europe and our ability to be dynamic means we are very well positioned to capitalise on growing appeal of the asset class.”
Alcentra’s teams under Bevan and Wheeler have extensive experience investing in, managing and structuring CLOs, having invested in the asset class for over 15 years.
About Alcentra
Founded in 2002, Alcentra is one of the largest European-headquartered alternative credit managers, with US $30 billion of assets under management and global expertise in Senior Secured Loans, High Yield Bonds, Private Credit, Structured Credit, Special Situations and Multi-Strategy credit. Alcentra has a highly experienced team of professionals based across the globe who work across asset classes, business sectors and geographies. Its investment team has significant expertise and a deep understanding of corporate debt across its range of strategies. Alcentra is a wholly owned subsidiary of Franklin Resources, Inc. (Franklin Templeton) which is one of the world’s largest independent investment managers with US$1.58 trillion in total assets under management (as of 31 January 2025).
About Franklin Templeton
Franklin Resources, Inc. [NYSE:BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and US$1.58 trillion in assets under management as of 31 January 2025.