Private credit and middle market CLOs – Market evolution

European Private Credit CLO Market: Supply, Demand, and Investor Dynamics

The panel explores why the European private credit CLO market remains nascent with only a handful of deals completed. Key factors include low portfolio diversity scores, limited demand for leverage among European managers, multi-currency complexity, and the dominance of US-centric managers. Investor demand exists but is selective, with spread pickup versus US CLOs being a key draw.

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