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TCW Enters CLO Equity Strategic Investment Agreement With Jefferies and Kennedy Lewis

Nov 09, 2020 - Business Wire
Partnership Announcement

The TCW Group, a global asset management firm, today announced that it has entered into a strategic investment agreement with Jefferies and Kennedy Lewis Investment Management to support new issuance of collateralized loan obligations (CLOs) on the TCW platform.

Under the strategic investment agreement, Jefferies and Kennedy Lewis will provide up to $160 million in equity to the TCW CLO platform. This agreement will provide equity for the issuance of multiple CLOs over approximately the ne...