Fortress Announces Second European CLO Pricing of 408 Million
Deal News | Jul 09, 2025 | Fortress Investment Group LLC (NYSE:FIG)
Fortress Investment Group announced the pricing of its second European Collateralized Loan Obligation (CLO) vehicle, Fortress Credit Europe BSL 2025-2 DAC, which raised 408 million. This move represents a significant step in Fortress's expansion of its European performing credit franchise, following considerable investor interest since the launch of its first European CLO, Fortress Credit Europe BSL 2024-1, which raised 450 million. The BSL 2025-2 CLO primarily consists of senior secured, first lien, broadly syndicated loans, with issuer geography and industry sector diversity, and features a 4.6-year reinvestment period. The announcement also comes on the heels of pricing a $650 million static middle market CLO—Fortress Credit Opportunities XXXV CLO Limited. Fortress Investment Group, which manages assets worth $51 billion, continues to strengthen its presence in the global market, underscoring its reputation and brand strength.
Sectors
- Investment Management
- Finance
- Banking and Loans
Geography
- United Kingdom – The announcement was made in London, indicating a significant geographical focus in the UK for Fortress's operations.
- Europe – The creation of European CLOs signifies Fortress's active expansion and strategic interest in European markets.
- United States – Fortress is headquartered in the US, which is critical to understanding its global investment reach.
Industry
- Investment Management – The article centers around Fortress Investment Group's management of CLOs, an important component of investment management.
- Finance – The creation and pricing of CLOs involves complex financial structures and strategies, making finance a relevant industry.
- Banking and Loans – CLOs primarily involve investments in loan securities, tying the article to the banking and loans industry.
Financials
- 408 million – Raised through the pricing of Fortress Credit Europe BSL 2025-2 DAC, the second European CLO.
- 450 million – Raised by Fortress's first European CLO, demonstrating the firm's entry into the European market.
- $650 million – Value of the static middle market CLO, Fortress Credit Opportunities XXXV CLO Limited, recently priced by Fortress.
- $43 billion – Total amount of CLOs issued by Fortress since 2004 across its US-dollar and Euro-denominated CLOs.
- $51 billion – Total assets under management (AUM) by Fortress as of March 31, 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fortress Investment Group LLC | Private Equity Management | Company | A diversified global investment manager, Fortress oversees $51 billion in assets and specializes in a range of strategies including credit and real estate. |
| Fortress Credit Europe BSL 2025-2 DAC | CLO Vehicle | Company | The second European CLO issued by Fortress, raising 408 million, focused on senior secured, first lien loans. |
| Niccolò Biancheri | Head of European Corporate Credit | Person | Spearheads Fortress's European corporate credit initiatives, highlighting the importance of this transaction. |
| Regang Ou | Managing Director | Person | Key executive involved in the European CLO issuance, emphasizing the strategic goal of differentiated investment opportunities. |