Maranon wraps up third CLO at $625 mln

Maranon Capital LP has closed its third collateralized loan obligation at $625 million. Wells Fargo Securities LLC arranged the middle-market CLO, which has a four-year reinvestment period.


CHICAGO–(BUSINESS WIRE)–Maranon Capital, L.P. (“Maranon”) announced the closing of its third collateralized loan obligation (CLO). Maranon Loan Funding 2018-1 is a $625 million middle-market CLO arranged by Wells Fargo Securities, LLC. The transaction is structured to be dually compliant with both European and U.S. risk-retention regulations, has a two-year non-call period and four-year reinvestment period.

“The successful issuance of our third middle market CLO continues to broaden Maranon’s senior funding sources and represents another important building block for our growing private credit platform,” commented Darin Schmalz, Principal at Maranon.
About Maranon Capital

Maranon Capital, L.P. is an alternative investment management firm focused on private credit investments in middle market companies. Maranon’s competitive edge is its multi-product strategies that span the balance sheet with value-added financing and equity co-investments. Since 2008, Maranon has committed over $3.5 billion of capital. For more information about Maranon Capital please visit