LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset manager, today announced the close of a $400 million collateralized loan obligation (CLO) fund, adding to the firm’s continued strong growth in alternative credit assets. The CLO, TCW CLO 2024-3, is secured primarily by broadly syndicated first-lien loans and is TCW’s third new issue CLO close in 2024. Since 2020, TCW has more than doubled its alternative credit assets under management (AUM). TCW manages alternative credit acro
Related news
