Signal Peak Capital Management, the credit focused asset management team of ORIX Advisers, LLC, a wholly owned subsidiary of ORIX Corporation USA, announced the partial refinancing of a $467 million collateralized loan obligation (CLO), Signal Peak CLO 1. A one-year non-call period was put into effect through December 23, 2025, and the existing reinvestment period is set to run through April 17, 2026. The refinancing does not include two existing mezzanine tranches.
Deutsche Bank served as Lead Arranger. Signal Peak Capital Management’s 20-member team is co-led by David Martin and Erik Gunnerson, who together bring over 45 years of investment expertise.
As of September 2024, SPCM has approximately $4.7 billion of assets under management (AUM) across CLOs and separately managed accounts consisting primarily of broadly syndicated loans and structured credit investments. The refinancing of Signal Peak CLO 1 marks the team’s 28th CLO transaction since inception and 8th CLO transaction this year.