Ontario Teachers backs M&G CLO platform with €200m joint venture
The €200m is earmarked for equity in future M&G Margay CLOs, under a joint venture the partners say will scale a multi-billion-euro European business.
M&G Investments and Ontario Teachers’ Pension Plan today announced a €200 million strategic investment tied to M&G’s collateralised loan obligation platform, with the partners agreeing a joint venture to scale what they describe as a multi-billion-euro European business. The capital is earmarked for equity investments in future M&G Margay collateralised loan obligation issuances, giving Ontario Teachers’ exposure to new deals…
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