Pemberton announces pricing of Indigo II CLO

Pemberton Capital has announced the successful pricing of its second collateralized loan obligation (CLO), called Indigo Credit Management II DAC, raising €405.8 million. This marks Pemberton's continued expansion in the CLO market following the launch of its inaugural CLO in September 2023. The firm's strategic focus is on investing in publicly rated, liquid, broadly syndicated leveraged loans, which are typically utilized for sponsor-driven or corporate merger and acquisition (M&A) financing. Pemberton employs an actively managed approach that adapts to changing market conditions through relative value assessments, with a focus on constructing diversified credit portfolios that provide attractive risk-adjusted returns. This CLO strategy serves as a vital component of Pemberton's wide-ranging multi-strategy private credit platform, aligning with its clients' investment objectives and demonstrating its commitment to developing its CLO capabilities.