Bridgepoint becomes control equity investor in 2021 CLO after secondary trade

By Michelle D'souza & Sayed Kadiri

Bridgepoint says it bought an additional 30% equity stake in its third European CLO, Bridgepoint CLO 3, meaning the firm has a majority equity interest in the deal at 61%. The price suggests the CLO is performing well 

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TAGS: Europe CLO Secondary market Performance Bridgepoint