Two deals establish a structured credit foothold
Mountain Point CLO 2 is now effective and can invest in a diversified portfolio of broadly syndicated senior secured loans. CLOs typically fund purchases of corporate loan portfolios by issuing securities that offer different levels of risk and return.
The firm's first transaction, Mountain Point CLO 1, closed in April 2026 at $500 million. With $1 billion in combined issuance, the two deals form the starting point for Mountain Point's structured credit business.
The latest closing adds capital for the firm's systematic investment strategy and broadens its relationships with CLO investors. It also reflects continued institutional interest in using CLOs to gain exposure to diversified portfolios of senior secured corporate loans.
Technology guides loan selection
Based in Greenwich, Connecticut, Mountain Point specializes in the U.S. broadly syndicated loan market. Its approach combines data analysis with rules-based portfolio construction, using proprietary technology to evaluate investments and support trading decisions.
The firm aims to apply consistent criteria across a wide universe of loans rather than examine only a small group of candidates. That process is designed to encourage diversification and make investment decisions repeatable. Mountain Point believes it can also help identify opportunities as market conditions change and make portfolio management more efficient.
Kelly Byrne, Mountain Point Credit's founder and CEO, said: "Closing our second CLO is a major step in establishing Mountain Point as a long-term participant in the structured credit market. We built our platform around the belief that a more comprehensive, systematic view of the loan market can create meaningful advantages in portfolio construction. This transaction allows us to continue putting that philosophy into practice while expanding our relationships with investors across the CLO market."
Expansion alongside the broader investment business
Byrne founded Mountain Point in partnership with Eagle Point Credit Management. The firm manages nearly $3 billion in assets across its broader platform and is building its CLO business alongside its existing investment management operations.
Mountain Point plans to further develop its technology, portfolio construction methods, and investor relationships as it works toward a long-term role in structured credit.
