Strategy led by seasoned executives Mike Ferrante and Jon Barry
Inaugural CLO priced at $400 million, building on strength of the firm’s Liquid Credit business
BOSTON, MA, August 21, 2025 – Abry Partners (“Abry”), a Boston-based private equity and credit firm, today announced the formal launch of its collateralized loan obligation (“CLO”) platform to further build upon the firm’s liquid credit management strategy. The platform will be overseen by Mike Ferrante, CFA, Managing Director and Head of Abry Liquid Credit, and Jon Barry, Head of CLO Structuring. The seasoned team employs a disciplined, diversified investment approach with a focus on capital preservation and loss avoidance.
In connection with the launch of Abry’s CLO platform, the firm also announced the successful pricing of its inaugural CLO, Abry Liquid Credit CLO 2025-1, LLC (“ALC CLO 2025-1”). The $400 million CLO is the first in a program expected to issue two to three transactions annually.
Abry’s senior-led team combines deep underwriting expertise with active portfolio management, building on the firm’s long track record of delivering consistent results across credit cycles. The addition of the CLO strategy is a natural extension of Abry’s expertise in managing diversified portfolios of broadly syndicated loans. The CLO platform is supported by robust middle- and back-office infrastructure, led by Head of Credit Operations Alana Lavelle.
“Launching our CLO platform is an exciting milestone that underscores the strength and maturity of our Liquid Credit business,” said Mike Ferrante. “We continuously strive to deliver the risk-adjusted returns that our limited partners are seeking while building on Abry’s evolution and growth. This initiative reflects our commitment to providing investors with innovative solutions, and we believe that ALC CLO 2025-1 and our future investment vehicles will position us for continued success.”
Under Abry’s existing Liquid Credit strategy, the firm has invested nearly $44 billion in broadly syndicated senior debt since 2008, and currently has $4.8 billion in invested gross assets under management.
Key ALC CLO 2025-1 Terms
• $248.00 mm Class A-1 notes, AAA, 38%, S+140
• $12.00 mm Class A-2 notes, AAA, 35%, S+165
• $44.00 mm Class B notes, AA, 24%, S+180
• $24.00 mm Class C notes, A, 18%, S+210
• $24.00 mm Class D notes, BBB-, 12%, S+325
• $16.00 mm Class E notes, BB-, 8%, S+600
About Abry Partners
Abry Partners is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $90 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages $17 billion of assets across several fund strategies.
More information about Abry Partners: www.abry.com
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