Arini issues €506M European CLO, its 11th since 2023
What's the deal? Arini Capital ManagementDealroom has a profile for this one. Try Dealroom → has issued its eleventh European collateralised loan obligation (CLO), AriniDealroom has a profile for this one. Try Dealroom → European CLO XI, at €505.6 million. The deal takes the $20 billion alternative asset manager's total global CLO assets under management to $9.7 billion.
Why now? Arini launched its European CLO platform in November 2023, and the latest issue comes less than three years later. "Arini European CLO XI marks the continued growth of our platform," said Mehdi Kashani, head of structured credit at the firm.
What's the endgame? Founded in 2021, Arini manages strategies spanning long/short credit, structured credit, opportunistic credit, direct lending, and asset-backed finance. The CLO business has become a core pillar of that expansion.
The signal: Kashani has pointed to AAA tranches as where the market sees the most value, "largely because they have lagged the broad credit market rally." He also flagged regulatory tailwinds — notably Solvency II in January 2027, which "will bring insurers into play," expanding the buyer base for European CLOs.
Read more: alternativecreditinvestor.com
Image credit: stevecadman
