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Opalesque Industry Update - Madison Capital Funding LLC, today announced the closing of MCF CLO VI LLC, a $325 million collateralized loan obligation. The CLO will have a 5.5 year reinvestment period. Proceeds will be available to partially fund eligible loans. Madison Capital will serve as originator and collateral manager. Madison Capital is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance solutions across a broad spectrum of industries. Since its founding in 2001, the company has invested over $26.2 billion in net funded commitments in over 997 financing transactions. Madison Capital manages over $8 billion in assets for New York Life and other third party clients. Madison Capital has closed transactions with over 271 different private equity firms and provides enterprise-value leveraged financing for acquisitions, recapitalizations, and LBOs. Madison Capital is based in Chicago, Illinois and is a subsidiary of New York Life Insurance Company. |
