Mountain Point Credit Announces Closing of Second CLO
Transaction builds on the firm’s inaugural CLO issuance and extends its systematic, data-driven approach to the U.S.
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Mountain Point Credit Management LLC (“Mountain Point”), a systematic investment manager focused on the broadly syndicated loan (“BSL”) market, today announced that Mountain Point CLO 2 Ltd. (“Mountain Point CLO 2”), a $500 million new issue U.S. collateralized loan obligation (“CLO”), has closed and gone effective. Bank of America served as arranger.
Mountain Point CLO 2 invests in a diversified portfolio of broadly syndicated senior secured loans, applying Mountain Point’s systematic approach to portfolio construction. The transaction represents the latest milestone in the firm’s efforts to build a CLO platform and expand its presence in the structured credit market.
“Closing our second CLO is a major step in establishing Mountain Point as a long-term participant in the structured credit market,” said Kelly Byrne, Founder and CEO of Mountain Point Credit. “We built our platform around the belief that a more comprehensive, systematic view of the loan market can create meaningful advantages in portfolio construction. This transaction allows us to continue putting that philosophy into practice while expanding our relationships with investors across the CLO market.”
Mountain Point’s proprietary loan investment platform is designed to provide broad exposure across the BSL market through a consistent, data-driven investment process. While traditional approaches have often focused on a subset of the loan market, Mountain Point’s methodology is designed to evaluate the entire market through a repeatable and objective approach. This broader opportunity set supports a highly diversified, rules-based portfolio construction process.
Mountain Point closed its inaugural $500 million CLO, Mountain Point CLO 1, in April 2026, marking an important step in extending its systematic investment approach into structured credit. The firm continues to develop its CLO platform alongside its broader investment and trading capabilities.
About Mountain Point Credit
Mountain Point is a systematic credit manager that currently manages nearly $3 billion in assets under management. Its proprietary loan investment platform prioritizes data-driven analytics and rules-based decision making to deliver highly diversified and efficient access to the U.S. broadly syndicated loan market. Mountain Point was founded by Kelly Byrne in partnership with Eagle Point Credit Management.
For additional information, please visit mountainpointcredit.com.
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