Maranon Capital Closes third middle-market CLO

CHICAGO--()--Maranon Capital, L.P. (“Maranon”) announced the closing of its third collateralized loan obligation (CLO). Maranon Loan Funding 2018-1 is a $625 million middle-market CLO arranged by Wells Fargo Securities, LLC. The transaction is structured to be dually compliant with both European and U.S. risk-retention regulations, has a two-year non-call period and four-year reinvestment period.

“The successful issuance of our third middle market CLO continues to broaden Maranon’s senior funding sources and represents another important building block for our growing private credit platform,” commented Darin Schmalz, Principal at Maranon.

About Maranon Capital

Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $3.5 billion of capital. For more information about Maranon Capital please visit www.MaranonCapital.com.

Contacts

Maranon Capital, L.P.
L. Thomas Gregory
Managing Director & Co-Founding Partner
(312) 646-1201
LTG@MaranonCapital.com
or
Ian M. Larkin
Managing Director & Co-Founding Partner
(312) 646-1202
IML@MaranonCapital.com
or
Darin Schmalz
Principal
(312) 646-1226
DBS@MaranonCapital.com

Contacts

Maranon Capital, L.P.
L. Thomas Gregory
Managing Director & Co-Founding Partner
(312) 646-1201
LTG@MaranonCapital.com
or
Ian M. Larkin
Managing Director & Co-Founding Partner
(312) 646-1202
IML@MaranonCapital.com
or
Darin Schmalz
Principal
(312) 646-1226
DBS@MaranonCapital.com