Tetragon Credit Income Partners raises $430m for latest CLO fund

The vehicle raised more than $80m more than its predecessor and has begun deployment.

Tetragon Credit Income Partners has held a final close on its latest CLO fund.

The New York-based firm said on Wednesday that it closed on more than $430 million for Tetragon Credit Income III. This new fund will focus on the firm’s existing strategy of investing control equity positions into US-based CLOs, Mike Pang, a portfolio manager at Tetragon, told Private Debt Investor.