About the Company
Pangaea Asset Management is a specialized asset management firm focused on managing middle-market collateralized loan obligations (CLOs), credit opportunity funds, and other debt vehicles. Based in Chicago, Illinois, Pangaea’s goal is to generate superior risk adjusted returns for its investor-base, and by focusing on the leveraged loan marketplace, including both broadly syndicated and middle market loans, it is able to provide unparalleled access to attractive loan collateral.
Pangaea was founded in 2007 by a group of seasoned leveraged finance professionals from Antares Capital Corporation and Antares Asset Management. The Pangaea team has collective significant experience working together both in the leveraged loan and structured credit market, as well as a track record of successfully managing investments across a variety of industries and market cycles.
NEP invested $75 million along with existing management in this transaction.
NEP Investment Date
October 2007Add-On Activity
- Sargas Asset Management, LLC (formerly named CapitalSource Advisors LLC)
- De Meer Middle Market CLO 2006-1, LTD. (Collateral Management Agreement)
Add-On Specs
- Asset management firms
