Bridgepoint has priced its eleventh collateralised loan obligation (CLO) at €405m (£349.4m).
The London-headquartered asset manager priced Bridgepoint CLO XI, marking the firm’s second new issue of 2026 and further growth of its credit platform.
Read more: Invesco-backed REIT closes $1.2bn CRE CLO
“We’re grateful for the continued support from both existing and new investors which is a strong endorsement of our platform, our disciplined investment approach and the consistency of the outcomes we’ve delivered over a number of years,” said John Murphy, partner and head of syndicated debt.
“As we continue to grow the strategy, our focus remains unchanged: disciplined credit selection, active portfolio management and delivering consistently strong risk-adjusted returns for our investors.”
Read more: Harvest CLO 32 priced at €450m
Bridgepoint has $98bn (£74.1bn) in assets under management, while its credit business manages €20bn of capital across direct lending, credit opportunities and syndicated debt.
The news comes as investors are increasingly turning to the European CLO market amid forecasts that the continent’s wider securitisation market could grow to €1.2tn over the next five years.
