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Jefferies Group and Hildene Capital to Invest in Equity of CLOs Managed by Carlson Capital

Dec 11, 2020 - Business Wire

Carlson Capital, L.P. ("Carlson"), an alternative asset management firm, today announced that it reached a strategic agreement with Jefferies Group LLC ("Jefferies") and structured credit investor Hildene Capital Management, LLC ("Hildene") to support the new issuance of CLOs on Carlson's Cathedral Lake platform.

Under the terms of the agreement, Jefferies and Hildene will provide CLO equity capital to support the new issuance of four Carlson CLOs within the next three years. As strategic ...