Lakemore Partners, a structured credit investment firm with offices in Dubai and US, has announced an expanded strategic partnership with Aegon Asset Management to support the mutual growth of their Collateralised Loan Obligation (CLO) investment and management platforms.
The tieup brings together Lakemore’s established expertise in CLO equity investing with Aegon AM’s deep credit management capabilities and global reach.
Lakemore has been collaborating on CLO issuance since 2023. Aegon AM's 2023–2025 vintage CLOs have delivered outstanding results, building par and limiting software exposure to mid-single digits, a notable positioning advantage as the sector navigates an AI-driven evolution.
The partnership is designed to accelerate asset growth for both firms. For Aegon AM, it provides a committed, long-term partner to substantially grow its US CLO issuance program and broaden its reach across institutional investor channels. For Lakemore, it deepens an established and proven partnership with one of the market's most capable CLO management teams, it stated.
Under the agreement, Lakemore will make material equity investments in Aegon AM’s new US CLOs over the next several years. The firms also intend to promote cross-platform collaboration, joint product development, and distribution partnerships to create differentiated offerings for their investors.
Ahmed Farid, Chairman & CEO of Lakemore, said: "This partnership represents a new investment initiative for Lakemore. By partnering with Aegon AM and its world-class credit platform, we are building the foundation to scale our investment platform to $12 billion in assets under management and $30 billion in senior loan exposure over the coming years.”
“We see this as a long-term strategic relationship that will expand what we can offer our investors and create value for both firms,” he stated.
Chris Thompson, CEO of Aegon Asset Management US, said: “This alliance strengthens Aegon AM’s position as a leading CLO manager and creates meaningful opportunities for growth across our platform. Together, we expect to deliver compelling outcomes for our respective investors and partners.”
“Our 350 investment professionals serve a global client base of sophisticated investors, managing and advising on assets of $439 billion, as of December 31, 2025,” he stated.
The firm’s investment capabilities span public and private markets across fixed income, real assets, equities, and multi-asset platforms, sharing a common belief in fundamental, research-driven active management, underpinned by effective risk management, he added.-TradeArabia News Service
