Lakemore Partners and Aegon Asset Management have expanded their strategic partnership to support the growth of their CLO investing platforms, combining Lakemore’s experience with Aegon’s global reach.
Under the expanded partnership, Lakemore will make “material” investments in Aegon’s new US CLO over the next few years, and promote joint product development and distribution partnerships for their investors.
The two firms have been collaborating since 2023, with their partnership providing Aegon with a committed partners for its US CLO platform, and Lakemore with the support of Aegon’s global team.
Ahmed Farid, chair & CEO of Lakemore, said: “By partnering with Aegon AM and its world-class credit platform, we are building the foundation to scale our investment platform to $12bn in assets under management and $30bn in senior loan exposure over the coming years.”
Chris Thompson, CEO of Aegon Asset Management US, added: “Together, we expect to deliver compelling outcomes for our respective investors and partners.”
