Palmer Square Capital Management, based in Mission Woods, announced that it has closed on an investment loan package worth $435.8 million.
Palmer Square now has $3.7 billion in assets under management.
The collateralized debt offering (CLO) is the fourth closed by Palmer Square, which is a subsidiary of Montage Investments, the asset management arm of Leawood-based Mariner Holdings LLC. The CLO involves pools of institutional senior-secured bank loans from midsize and large businesses. Palmer Square's…
Palmer Square Capital Management, based in Mission Woods, announced that it has closed on an investment loan package worth $435.8 million.
Palmer Square now has $3.7 billion in assets under management.
The collateralized debt offering (CLO) is the fourth closed by Palmer Square, which is a subsidiary of Montage Investments, the asset management arm of Leawood-based Mariner Holdings LLC. The CLO involves pools of institutional senior-secured bank loans from midsize and large businesses. Palmer Square's…