Fund Managers

New CLOs help 3iDM maintain AUM

The resurgent CLO market meant 3iDM was able to increase its AUM slightly to £6.5bn through raising four new vehicles to replace those reaching the end of their reinvestment periods.

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UK-listed 3i Group’s debt arm, 3i Debt Management, has warehousing facilities in place in preparation for the launch of two more CLOs after a busy 2013, the group announced in its annual results on Wednesday.

3iDM broadly maintained its assets under management last year, following the launch of its first new European CLO since the group’s inception in 2011.