Morgan Stanley Investment Management (MSIM), a global asset manager, announced the closing of Morgan Stanley Eaton Vance CLO 2025-21, Ltd., reportedly marking the investment team’s “first” Collateralized Loan Obligation (CLO) in 2025.
The $400 million transaction was priced “on March 7 and increases CLO platform assets to approximately $7.5 billion across twenty vehicles.”
Wells Fargo Securities served as sole arranger for the deal.
Steve Sebo, Head of CLO Structuring & Capital Markets said:
“We’re excited to be back in the new issue market and are encouraged by the interest from both new and existing investors. Closing this deal is a great step forward as we continue to build our CLO business.”
Ed Greenaway, Head of CLO Portfolio Management, added:
“Navigating the difficult dance of risk and return across the capital structure and within the asset pool has always been the core of our approach. The recent volatility within the market presents challenges but also opportunity for equity and debt investors alike.”
MSIM’s Floating-Rate Loan team traces its roots to 1989 and is a key player in broadly “syndicated loan investment management.”
The 40+ member team manages “an array of U.S. and European loan strategies, CLO debt tranches and a growing CLO platform.”
The team’s total assets under management were “$30.0 billion at the start of 2025.”
Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than “1,400 investment professionals around the world and $1.6 trillion in assets under management or supervision as of March 31, 2025.”
Morgan Stanley Investment Management strives to “provide long-term investment performance, service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.”
As covered, Morgan Stanley is a global financial services firm providing “a wide range of investment banking, securities, wealth management and investment management services.”
With offices in 42 countries, the firm’s employees reportedly serve “clients worldwide including corporations, governments, institutions and individuals.”
