Adams street partners raises $1 billion for first middle market clo

Chicago--(business wire)--the private credit team of adams street partners, llc (“adams street”), a private markets investment firm with more than $58 billion in assets under management, today announced the final closing of a $1 billion middle market collateralized loan obligation (“clo”), asp summa. the clo is a first for adams street and was structured in partnership with american equity investment life insurance company (“american equity life”) (nyse: ael), a leading issuer of fixed index an.
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