Post by Dechert LLP
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Congratulations to our client Clearlake Credit on the acquisition of CLO management contracts from LCM Asset Management, LLC. The transaction adds 31 CLOs and more than US$5 billion of AUM, increasing Clearlake Credit's total to approximately US$39 billion. The Dechert team that advised Clearlake Credit was led by John Timperio and included Ross MacConnell, Javier P., Remington Shepard, David Griffin, Charlie La Vine, Gerald Brown, Nichollas Dawson, Robert Shapiro, Jeff Kang, Kevin Zaragoza and Cindy Moon. Read more via the link in the comments.