Issued CLO for $475 million by CVC Credit
CVC Credit's Active CLO Portfolio Shines Amidst Market Volatility
In the dynamic world of finance, CVC Credit has been making waves with its active Collateralised Loan Obligation (CLO) portfolio. The private equity firm priced three new CLOs this year, totalling an aggregate value of $1.4bn, according to reports.
The first CLO deal of 2025, named Apidos LIII, was recently priced by CVC Credit. This new $475m (£356m) CLO was well received by global investors, even in challenging market conditions. The success of Apidos LIII has contributed to CVC's proven track record and strong relationships with global investors.
The portfolio backing Apidos LIII consists of senior secured assets, a strategy that has been favoured by CVC since post-crisis CLOs. This focus on senior secured loans, combined with investor-friendly deal structures and active management, has helped CVC optimize returns and return capital to investors.
CVC Credit's CLO market portfolio has been very active and performing well in 2025. In the first half of the year, CVC Liquid Credit, the credit management arm of CVC Credit, priced 17 CLO transactions with an aggregate volume of approximately $7.9 billion across new issuances, resets, and refinancings. This follows a busy 2024 where they closed 25 deals worth $11 billion.
The broader CLO market is also showing robust growth and resilience. CLOs have expanded significantly since the Global Financial Crisis, now representing around $1.4 trillion of assets as of April 2025, with strong historical credit performance and low default rates compared to corporate debt.
Despite market volatility early in 2025 due to tariff announcements, which affected leveraged loan prices and CLO spreads, active CLO managers like CVC Credit have been proactive. They have leveraged such market conditions to enhance portfolio value through refinancing and resets.
Kevin O'Meara, partner and global co-head of performing credit at CVC Credit, expressed confidence in the creation of attractive investment options for their investors. Cary Ho, CVC credit partner and global head of CLO origination, commented on the success of Apidos LIII.
Apidos LII, a recent CLO issuance, has already been noted. However, details about Apidos LIII are not publicly specified yet, but given CVC’s ongoing issuance activity, it is likely that Apidos LIII is an upcoming or recent deal in line with the firm’s established cadence of CLO releases.
CVC Credit's Assets Under Management (AUM) have reached €200bn, as reported. The firm is actively seeking investment opportunities during the current market volatility, believing these opportunities will help them capitalize on the current market conditions.
In summary, CVC Credit's active CLO portfolio, spearheaded by deals like Apidos LIII, is thriving amidst market volatility. The firm's strategic focus on senior secured assets, investor-friendly deal structures, and active management have been key to its success. The broader CLO market is also robust, offering promising opportunities for growth.
- The success of Apidos LIII, a new $475m CLO by CVC Credit, highlights the firm's strong performance in the finance sector, particularly within its actively managed Collateralised Loan Obligation (CLO) portfolio.
- As CVC Credit continues to focus on optimizing returns through senior secured loans and investor-friendly deal structures, its Assets Under Management (AUM) have reached €200bn, demonstrating the firm's commitment to capitalizing on market volatility and seeking new investment opportunities.
