Pemberton Asset Management (“Pemberton”), one of the leading European private credit managers, announces the successful pricing of Indigo Credit Management IV DAC (“Indigo IV”), a €407.0m European collateralised loan obligation (“CLO”) transaction.
Building on the strong foundation of its established CLO strategy, this transaction underscores Pemberton’s continued growth and commitment to expanding the CLO platform while delivering long-term value for investors. Indigo IV is the firm’s second CLO priced in 2025, following the successful €432.1m Indigo III transaction in May, which was upsized in response to strong investor demand.
The successful pricing of Indigo IV highlights the strong market demand, marked by substantial participation from both returning and new investors. This achievement represents a significant milestone in the continued expansion of Pemberton’s CLO franchise.
Pemberton’s CLO strategy targets investments in publicly rated, liquid, broadly syndicated leveraged loans that are often used for sponsor-driven or corporate M&A financing. The strategy is actively managed, taking a relative value approach to ensure flexibility in changing market conditions. Through a combination of fundamental bottom-up analysis and top-down portfolio construction, Pemberton creates diversified credit portfolios that aim to deliver attractive risk-adjusted returns. This strategy complements Pemberton’s multi-strategy private credit platform, aligning with the firm’s objective of offering clients a broad spectrum of credit investment opportunities.
The successful pricing of Indigo IV is testament to the continuing appeal of CLOs in the market and reflects Pemberton’s distinctive approach. I extend my sincere gratitude to all the individuals and firms whose expertise made this achievement possible. A special thank you goes to our repeat investors for their continued trust and support, and a warm welcome to our new investors as we continue to grow together.
– Rob Reynolds, Head of CLO
