TCW Continues Momentum in Alternative Credit With Close of $400 Million CLO

Firm Has More Than Doubled Alternative Credit Assets Since 2020

LOS ANGELES--(BUSINESS WIRE)-- The TCW Group, a leading global asset manager, today announced the close of TCW CLO 2025-1, a $400 million collateralized loan obligation (CLO) fund secured primarily by broadly syndicated first-lien loans. This close marks TCW’s 14^th CLO and underscores TCW’s continued strong growth across the alternative credit spectrum.

Since 2020, TCW has more than doubled its alternative credit assets under management (AUM). TCW manages alternative credit across private credit, private asset-backed finance, CLO liabilities and CLO assets under management. During 2024, TCW had strong CLO activity that included three new issue CLO closings, two resets and two refinancings. In the first quarter of 2025, TCW has continued this activity with today’s announced new issue as well as two resets and one refinancing.

“As we continue to invest in our CLO platform and credit alternatives more broadly, we are seeing ongoing growth in our client base globally,” said Jerry Cudzil, Fixed Income Generalist Portfolio Manager. “TCW today has a robust lineup of alternative products and we remain focused on expanding our suite of alternative credit solutions for the benefit of our clients.”

TCW today manages approximately $6 billion of dedicated CLO assets. In addition, last year, TCW launched a dedicated CLO exchange-traded fund, the TCW AAA CLO ETF (Ticker: ACLO), that provides investors the opportunity to invest in AAA CLOs through an ETF.

“Following on a strong 2024, we expect continued growth in our CLO platform this year and beyond,” said Drew Sweeney, Senior Portfolio Manager. “We are grateful for the confidence investors continue to place in TCW’s disciplined process and approach.”

Jefferies LLC served as placement agent and structuring agent.

This material is for general information purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. TCW, its officers, directors, employees, or clients may have positions in securities or investments mentioned in this publication, which positions may change at any time, without notice. While the information and statistical data contained herein are based on sources believed to be reliable, we do not represent that it is accurate and should not be relied on as such or be the basis for an investment decision. The information contained herein may include preliminary information and/or "forward-looking statements." Due to numerous factors, actual events may differ substantially from those presented. TCW assumes no duty to update any forward-looking statements or opinions in this document. Any opinions expressed herein are current only as of the time made and are subject to change without notice. Past performance is no guarantee of future results. © 2025 TCW

Investing involves risk. Principal loss is possible.

Please see the TCW AAA CLO ETF’s Prospectus for more information on risk factors associated with this ETF.

Before investing you should carefully consider the fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus, a copy of which may be obtained from etf.tcw.com. Please read the prospectus carefully before you invest.

The TCW AAA CLO ETF is advised by TCW Investment Management Company LLC. Distributed by Foreside Financial Services, LLC.

NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE

About The TCW Group
TCW is a leading global asset management firm with a broad range of products across fixed income, alternative investments, equities, and emerging markets with over half a century of investment experience. Through its ETF suite, TCW MetWest Funds and TCW Funds, TCW manages one of the largest fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals. For more information, please visit www.tcw.com.

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Media Contact:

Doug Morris

Head of Corporate Communications

Tel: 213-244-0509

Source: The TCW Group