Obra Capital Closes $403.6 Million Fifth CLO, Bringing Total Issuance Above $2 Billion

Obra Capital Closes $403.6 Million Fifth CLO, Bringing Total Issuance Above $2 Billion

Obra Capital has closed its fifth collateralized loan obligation offering, Obra CLO 5, with a total size of $403.6 million, bringing the alternative asset manager’s cumulative CLO issuance to more than $2 billion across five transactions in less than two years. The post Obra Capital Closes $403.6 Million Fifth CLO, Bringing Total Issuance Above $2 Billion appeared first on Pulse 2.0 . By Amit Chowdhry Today at 10:11 PM Obra Capital has closed its fifth collateralized loan obligation offering, Obra CLO 5, with a total size of $403.6 million, bringing the alternative asset manager’s cumulative CLO issuance to more than $2 billion across five transactions in less than two years. The transaction represents the latest expansion of Obra’s leveraged finance platform and continues the firm’s push into CLO management as part of its broader credit and alternative investment strategy. Obra CLO 5 will be managed by Obra CLO Management LLC. The platform operates within Obra’s leveraged finance business, which is led by Scott Macklin, Head of U.S. Leveraged Finance, and Peter Polanskyj, Chief Investment Officer. Obra launched its CLO platform less than two years ago and has now completed five offerings during that period. The firm said its approach emphasizes credit selection, portfolio construction, and long-term risk management across different market conditions. The latest transaction fur.