Pramerica appointed by Dryden CLO fund
Pramerica Fixed Income has been appointed as collateral manager for the Dryden 34 senior loan fund, a recently closed $666.5m collateralised loan obligation (CLO).
Pramerica Fixed Income, is the principal public fixed income asset management business of Prudential Financial.
The Dryden 34 senior loan fund closed August 28 and is the 10th post-crisis CLO to be closed under the Dryden brand in the U.S.
Pramerica Fixed Income, with $533bn in assets under management as of June 30 2014, offers institutional investors solutions across all fixed-income markets, with a focus on credit strategies and liability-driven investing.
Pramerica Fixed Income, is the principal public fixed income asset management business of Prudential Financial.
The Dryden 34 senior loan fund closed August 28 and is the 10th post-crisis CLO to be closed under the Dryden brand in the U.S.
Pramerica Fixed Income, with $533bn in assets under management as of June 30 2014, offers institutional investors solutions across all fixed-income markets, with a focus on credit strategies and liability-driven investing.
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