- Transaction marks Permira Credit’s 19th new-issue transaction globally and its fifth transaction of 2026 to date
- Global Liquid Credit AUM for Permira Credit to reach €7.7bn upon closing
London – 21 April 2026 – Permira Credit, a leading specialist credit investor, today announces the pricing of PROVIDUS CLO XV (“Providus XV”), a €403.3 million European collateralised loan obligation transaction (“CLO”).
Providus XV marks Permira Credit’s 19th new-issue transaction globally and its fifth transaction of 2026 to date, including the 14th European CLO (Providus CLO XIV) in January and the fourth US CLO (Menlo CLO IV) in February.
The total AUM for Permira Credit’s global Liquid Credit platform will reach €7.7bn billion upon closing of this transaction.
Charlotte Claraco, Managing Director at Permira Credit, said: “The successful pricing of Providus XV against a challenging market backdrop demonstrates the resilience of our platform and continued support from our investors. We remain focused on our defensive investment strategy and will continue to invest with discipline in this volatile environment.”
Ariadna Stefanescu, Co-Head of Permira Credit and Head of Liquid Credit, said: “We’re pleased with the successful pricing of Providus CLO XV, which highlights the strength and consistency of our franchise and our long-term performance across market cycles. As part of the broader Permira platform, we benefit from differentiated sector insights which, combined with our deep credit expertise, support disciplined underwriting and portfolio construction. We are grateful for the strong support received from both existing and new investors in this transaction.”
Permira Credit is a leading global CLO manager, with an established European platform, Providus, operating and having priced 15 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 XV is Permira Credit European CLO Manager 2 LLP.
