Brightwood Capital Advisors priced a $253.55 million collateralized loan obligation, marking the private credit firm’s tenth CLO issuance since 2019. The transaction is structured as Brightwood Capital MM CLO 2026-1 Ltd.
Brightwood received indications for securities rated from AAA through BB from third-party investors including insurance companies, banks, and asset managers.
GreensLedge Capital Markets is serving as placement agent for the transaction.
Brightwood focuses primarily on providing senior debt and broader capital solutions to U.S. middle-market companies.
The firm primarily targets businesses with between $5 million and $75 million of EBITDA.
Its core investment sectors include technology and telecommunications, healthcare services, business services, transportation and logistics, and franchising.
Founded in 2010, Brightwood has nearly 70 employees.
The firm managed more than $6 billion of assets as of March 31, 2026.
Brightwood said reaching its tenth CLO represents another milestone in the expansion of its private credit platform and reflects institutional investor demand for the underlying asset class.
KEY QUOTES:
“Investor demand for this transaction reflects the continued interest in private credit and the value investors see in the underlying assets. We are pleased to continue providing investors with access to the asset class through a diversified and thoughtfully structured CLO.”
Arlene Shaw, Managing Director and Treasurer at Brightwood Capital
“Reaching our tenth CLO issuance since 2019 is an important milestone for Brightwood and reflects the strength and consistency of our private credit platform. We remain focused on leveraging our experience and disciplined investment approach to deliver opportunities for our investors across market cycles.”
Sengal Selassie, Managing Partner and CEO of Brightwood Capital
