Bridgepoint has successfully completed the pricing and upsize of Bridgepoint CLO IV, extending its reinvestment period to 2029. Initially priced in December 2022, the size of CLO IV has increased by 40%, from €320 million to €450 million. This move not only extends the maturity profile but also lowers the cost of capital.

The transaction attracted strong demand from both new and existing investors, highlighting confidence in Bridgepoint’s investment strategy and credit selection process. John Murphy, Partner and Head of Syndicated Debt at Bridgepoint, expressed gratitude for the support from their investor base, emphasizing the trust placed in their CLO portfolio management approach.

Bridgepoint Credit manages over €12 billion in corporate credit assets, making it one of Europe’s most experienced credit managers. The firm employs three complementary investment strategies: Direct Lending, Credit Opportunities, and Syndicated Debt. This diverse approach has positioned Bridgepoint as a leading player in the European CLO market.