Adrienne Dale Joins MidOcean Credit Partners as Portfolio Manager to Support Growth of CLO Business
NEW YORK--(BUSINESS WIRE)--Sep 9, 2019--
MidOcean Partners, a premier New York-based alternative asset manager that specializes in private equity and alternative credit investments, today announced that Adrienne Dale has joined MidOcean Credit Partners as a portfolio manager for MidOcean’s collateralized loan obligation (“CLO”) strategies. Ms. Dale will report to Jim Wiant, who oversees MidOcean’s existing CLO business, as MidOcean looks to expand and scale the business further. With over $4 billion in assets and nine existing CLO transactions, MidOcean’s CLO strategies are an integral aspect of the firm’s $8+ billion credit platform.
“Adrienne’s deep expertise and long tenure in the CLO business will be a valuable asset to the MidOcean Credit team,” said Mr. Wiant. “We’re thrilled to have her join us as we focus on adding scale, strengthening our resources and continuing to drive value for our investors.”
Ms. Dale joins MidOcean with nearly two decades of experience in corporate credit. Most recently, she held senior positions in Credit Suisse Asset Management’s Credit Investments Group, a premier issuer and manager of CLOs, where she spent the past 14 years.
About MidOcean Partners
Established in 2003, MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since inception, the focus of MidOcean Private Equity has been on high-quality middle market companies with attractive strategic, operational and financial growth opportunities in the consumer and business services sectors. Established in 2009, MidOcean Credit manages more than $8 billion across a series of alternative credit strategies, collateralized loan obligations (“CLOs”), and customized separately managed accounts as of March 31, 2019. For more information, please visit MidOcean’s website ( www.midoceanpartners.com ).
View source version on businesswire.com:https://www.businesswire.com/news/home/20190909005674/en/
CONTACT: MidOcean Investor Relations
IR@midoceanpartners.comMidOcean Media Relations
Nathaniel Garnick/Amanda Klein
Gasthalter & Co.
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: PROFESSIONAL SERVICES FINANCE
SOURCE: MidOcean Partners
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PUB: 09/09/2019 10:44 AM/DISC: 09/09/2019 10:44 AM