Signal Peak Capital Management, the credit focused asset management team of ORIX Advisers, LLC, a wholly owned subsidiary of ORIX Corporation USA, announced the closing of a reset of a $517 million collateralized loan obligation (CLO), Signal Peak CLO 9. The non-call period end date will extend through January 21, 2027, and the reinvestment period is set through January 21, 2030. The stated maturity is January 21, 2038. 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 closing of Signal Peak CLO 9 marks the team’s 27th CLO transaction since inception and 7th CLO transaction this year.