- Announcement follows pricing of Permira Credit’s thirteenth European CLO and third US CLO in September 2025
- Global Liquid Credit AUM for Permira Credit to reach €6.9bn upon closing
London – 27 January 2026- Permira Credit, a leading specialist credit investor, today announces the pricing of PROVIDUS CLO XIV (“Providus XIV”), a €405.3 million European collateralised loan obligation transaction (“CLO”).
The pricing of Providus XIV represents Permira Credit’s 17th new-issue transaction globally and positions the firm amongst the first managers to re-open the European CLO market this year. This builds on strong momentum across the Providus platform, following the successful pricing of five Providus transactions in 2025, comprising two new issues and three resets.
The total AUM for Permira Credit’s global Liquid Credit platform will reach €6.9bn upon closing of this transaction.
Charlotte Claraco, Managing Director at Permira Credit, said: “We are pleased to announce the pricing of our first new-issue CLO of 2026, supported by strong investor demand and continued confidence in our defensive investment strategy and proven track record.”
Ariadna Stefanescu, Co-Head of Permira Credit and Head of Liquid Credit, said: “The successful pricing of Providus CLO XIV, following a strong year of issuance in 2025 across both our European and US platforms, highlights the resilience of our strategy and the depth of our global investor relationships. We are grateful for the continued support of our investors and remain focused on delivering attractive, risk-adjusted returns through 2026.”
Permira Credit is a leading global CLO manager, with an established European platform, Providus, operating and having priced 14 transactions since 2018, alongside a growing US CLO platform, Menlo, launched in 2024. The strong performance of this Liquid Credit platform is underpinned by a disciplined, credit-led investment approach, resilient portfolio construction, active portfolio management, and a strong commitment to responsible investing.
The pricing is subject to customary closing conditions. The collateral manager of Providus XIV is Permira Credit European CLO Manager 2 LLP.
