Madison Capital raises $325 mln for sixth CLO

Chicago-based Madison Capital Funding LLC, a subsidiary of New York Life Insurance Company, has closed its sixth CLO at $325 million. The CLO will be reinvested over a 5.5 year-period. Madison Capital is a finance company focused on middle market private equity firms.


CHICAGO, July 12, 2017 – Madison Capital Funding LLC, today announced the closing of MCF CLO VI LLC, a $325 million collateralized loan obligation. The CLO will have a 5.5 year reinvestment period. Proceeds will be available to partially fund eligible loans. Madison Capital will serve as originator and collateral manager.

Madison Capital is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance solutions across a broad spectrum of industries. Since its founding in 2001, the company has invested over $26.2 billion in net funded commitments in over 997 financing transactions. Madison Capital manages over $8 billion in assets for New York Life and other third party clients.

About Madison Capital Funding
Madison Capital is a premier finance company focused exclusively on the corporate financing needs of middle market private equity firms. Madison Capital has closed transactions with over 271 different private equity firms and provides enterprise-value leveraged financing for acquisitions, recapitalizations, and LBOs. The company was founded in April 2001 by a group of experienced corporate finance professionals, with over 100 years of middle market experience, drawn from a number of leading investment banking and lending institutions. Madison Capital is based in Chicago, Illinois and is a subsidiary of New York Life Insurance Company.