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Medalist Partners Continues to Expand its CLO Platform with Latest Issuance

Medalist Partners is pleased to announce that it has priced Medalist Partners Corporate Finance (MPCF) CLO VII, a Collateralized Loan Obligation ("CLO") totaling $309 million. This is the seventh deal issued by MPCF and brings current CLO AUM for the manager to approximately $1.4 billion.

The transaction has been structured with a five-year reinvestment period and was arranged by BNP Paribas. Medalist’s CLO team is led by Jeremy Phipps and Shawn O’Leary, both of whom serve as co-portfolio managers and oversee the day-to-day management of MPCF’s portfolios.

Jeremy Phipps said: "We are pleased to have successfully priced our seventh CLO with the strong support of both new and existing institutional investors.”

Greg Richter, Medalist Partners CEO, added: "We are excited to accelerate the growth of our CLO platform. Following the buyout of our minority partner in the platform earlier this year and increasing recognition of our team’s strong performance track record, we believe we are ideally positioned to capitalize on market opportunities going forward as a more active issuer in the market.”

About Medalist Partners

Medalist Partners and its affiliates manage approximately $2 billion in AUM across strategies in asset-based private credit, structured credit and CLOs. Headquartered in New York, the 23-person team is led by partners Greg Richter, Michael Ardisson, and John Slonieski. Medalist’s clients include pensions, endowments, foundations, banks, fund of funds, family offices and HNW individuals. The business and track record were started within Credit Suisse and Candlewood Investment Group prior to being spun-out as an independent, partner-owned firm in 2018. The Medalist team has extensive experience in asset finance, structured products, investment banking, securitization, and credit underwriting. For more information, visit www.medalistpartners.com.

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