GSC Partners completes new CDO fund to invest in middle market loans and mezzanine securities

By Sara Rosenberg

New York, May 3 - GSC Partners successfully completed fundraising for a new CDO fund, GSC Partners CDO Fund VII, which is a $413 million collateralized loan obligation transaction that will invest primarily in a diversified portfolio of U.S. middle market loans and mezzanine securities.

"The completion of fundraising for CDO Fund VII demonstrates that investors continue to have a healthy appetite for these products," said Thomas V. Inglesby, senior managing director of GSC Partners and head of the corporate credit group, in a news release.

"This fund will take advantage of the attractive investment opportunities in the large and underserved middle market.

"Loans from this market segment typically possess inherent structural and credit protections that make them well suited to supporting leverage," Inglesby added.

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