Symetra Investment Management Announces Closing of $459 Million Symetra CLO 2026-1

FARMINGTON, Conn.--(BUSINESS WIRE)--Symetra Investment Management Company (“SIM” or the “Firm”) today announced the closing of Symetra CLO 2026-1, Ltd., a $459 million collateralized loan obligation (CLO) transaction and the second CLO issued by SIM. As of June 30, 2026, SIM manages approximately $94 billion in total assets.

The transaction builds on the successful launch of SIM’s CLO platform in 2025 and represents another important step in the Firm’s continued growth in leveraged credit. Symetra CLO 2026-1 was upsized from an initial $400 million transaction, reflecting strong investor interest and continued support for the platform.

Nicholas Mocciolo, Chief Investment Officer and Interim Co-President, said: “The successful closing of our second CLO demonstrates the continued evolution of, and ongoing commitment to, SIM’s leveraged credit capabilities. We are very pleased with the momentum the team has established and remain very optimistic with respect to the growth prospects for our CLO business.”

“We greatly appreciate the strong support of our investors, which was instrumental in the successful pricing and upsizing of our second CLO, and the confidence they have placed in our platform,” said Mark Pelletier, Head of Leveraged Finance.

“Symetra CLO 2026-1 represents an important milestone in the continued growth of the Symetra CLO platform and reflects the strength of the SIM team and its approach to portfolio construction, as well as the depth of our partnerships across the investor base,” Pelletier added.

Symetra CLO 2026-1 is backed by a portfolio of primarily senior secured loans and features a two-year non-call period and five-year reinvestment period. The transaction was arranged by Morgan Stanley.

SIM has significant experience across corporate and structured credit, supported by an experienced team of investment professionals. The Firm’s leveraged credit platform brings together expertise across high yield bonds, bank loans and CLOs, with an investment approach centered on fundamental credit analysis, disciplined portfolio construction and active risk management.

The closing follows SIM’s inaugural $408 million CLO issuance in 2025 and further advances the Firm’s strategy of building a scalable CLO management platform.

About Symetra Investment Management

Founded in 2019, SIM is a registered investment adviser headquartered in Farmington, Conn., and is solely owned by Symetra Financial Corporation. As of June 30, 2026, SIM manages approximately $94 billion in assets across a broad range of fixed income and alternative investment strategies, including Investment Grade Corporate Credit, High Yield, Bank Loans, Commercial Mortgage Loans, Private Placements, Structured Credit and Alternatives.

For more information, visit https://www.symetra.com/symetra-investment-management/.