In an Investment Landscape Twist, BlackRock Unveils Two New CLO ETFs for the Agile European Investor
Widening the landscape for continental investors, BlackRock Investment Management has freshly demonstrated its lofty ambitions within the European market by launching two new Collateralised Loan Obligations (CLO) Exchange Traded Funds (ETFs). These novel offerings are primed to give potential investors exclusive exposure to the dollar- and euro-denominated CLO markets.
The first of the recent entrants, christened the iShares $ AAA CLO Active UCITS ETF, targets individuals and institutions that wish to invest in dollar-denominated CLOs. Its management team: Saffet Ozbalci, Nidhi Patel, and Tyler Debussey have already played pivotal roles within BlackRock’s pre-existing iShares AAA CLO Active ETF in the US.
The city of Nashville is abuzz with the news of a big financial close. The music city’s healthcare-oriented private equity firm, the Heritage Group, announced the successful completion of their fourth Healthcare Innovation Fund, pulling in a cool $370 million, attaining another major milestone in sustained company growth.
The fourth fund, known as the ‘Fund IV’, continues the Heritage Group’s winning strategy of investing in solution-driven, high-velocity healthcare services and tech businesses, specifically aiming to tackle some of the most urgent difficulties in the healthcare industry. The news comes as a symbol of the faith shown in their strategic model by its longtime investors and is set to welcome a number of fresh limited partners on board.