Acquiring Company
WhiteStar
Acquired Company
Carlson Capital
Description
WhiteStar Asset Management, L.P. (“WhiteStar”), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. (together with its affiliates, “Clearlake”), today announced that it has acquired the five reinvesting Collateralized Loan Obligations (“CLOs”) managed by Carlson CLO Advisers, LLC, a wholly-owned subsidiary of Carlson Capital, L.P. (“Carlson Capital”). Totaling more than $2 billion and branded under the Cathedral Lake shelf, WhiteStar will assume collateral management duties of the Cathedral Lake CLOs effective March 31, 2022. This marks the second acquisition of CLO contracts by WhiteStar in less than four months.
Quick answer
WhiteStar is acquiring Carlson Capital, announced April 1, 2022.
- How much did WhiteStar pay for Carlson Capital?
- The deal value was not disclosed.
- What does WhiteStar do?
- WhiteStar Asset Management is the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. Managing approximately $70 billion in combined AUM, the firm is focused on private equity,..
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Lending And Investments
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Interstate Waste Services Acquires Solterra Recycling Solutions (May 10, 2022)
- Interstate Waste Services Acquires Solterra Recycling Solutions (May 10, 2022)
- Seacoast Announces The Acquisition Of Drummond Banking Company (May 4, 2022)
- Lexisnexis Risk Solutions Acquires Behavioral Biometric Innovator Behaviosec (May 3, 2022)
- Stratos Wealth Enterprises Acquires Minority Equity Stake In Boston-Based Wealth Management Firm With $350 Million In Aum, $350M (April 12, 2022)
- Innominds Acquires Nymi, A Leader In Passwordless Workplace Technology (April 12, 2022)
Who to call at WhiteStar, and when
When WhiteStar changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day WhiteStar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at WhiteStar, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at WhiteStar. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment WhiteStar makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired Carlson Capital?
Carlson Capital was acquired by WhiteStar. The deal was reported on April 1, 2022. WhiteStar Asset Management is the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. WhiteStar is privately held and operates in Financial Services.
When did WhiteStar acquire Carlson Capital?
WhiteStar's acquisition of Carlson Capital was reported on April 1, 2022. WhiteStar Asset Management, L.P. (“WhiteStar”), the CLO, structured products, and broadly syndicated credit arm of Clearlake Capital Group, L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Carlson Capital do?
Founded in 1993, Carlson Capital, L.P. is an alternative investment manager specializing in absolute return strategies which deliver low beta and correlation relative to the broad market indices. It is privately held, operating in Software.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.