Attractive market conditions and robust interest for tier-1 collateral manager profile underpinned strong institutional demand.
Morgan Stanley Investment Management (MSIM), a global asset manager, today announced the closing of Morgan Stanley Eaton Vance CLO 2025-21, Ltd., 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.
“We’re excited to be back in the new issue market and are encouraged by the interest from both new and existing investors,” said Steve Sebo, Head of CLO Structuring & Capital Markets. “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 pioneer 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.
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