The TCW Group, a global asset management firm, has entered into a strategic partnership with Lakemore Partners Ltd. and its group entities, a private credit investment firm primarily investing in super-majority control collateralised loan obligation equity.
The TCW Group, a global asset management firm, has entered into a strategic partnership with Lakemore Partners Ltd, and its group entities (Lakemore), a private credit investment firm primarily investing in super-majority control collateralised loan obligation (CLO) equity.
Under the Partnership Agreement, Lakemore will make a material equity investment in the TCW CLO platform, providing equity for the issuance of multiple CLOs over the next several years.
Through this investment, Lakemore will gain preferred access to the TCW CLO platform and its pipeline of new issue CLO transactions providing enhanced certainty of execution and a path toward significant CLO platform growth.
The TCW credit business, with investments and clients across the globe, offers a full range of credit solutions to clients. TCW’s dedicated credit team, with professionals based in Los Angeles, New York, Chicago, Boston and London, has deep experience in investing across the entire capital structure.
Established in 2016, Lakemore is a leading global private credit investment firm with institutional clients in the US, Europe and the Middle East that primarily invests in super-majority control equity positions of new issue US CLOs. Lakemore has offices in Phoenix, London, Dubai and Zurich.