The transaction was arranged by Barclays and attracted orders from both existing and new investors, reflecting continued market confidence in the Legato platform and its investment approach.

“We are pleased to see the positive reception for Legato 2, which builds on the momentum of our inaugural CLO,” said Thomas Kyriakoudis, Partner and Co-Head of Private Credit Solutions at LGT Capital Partners, who co-manages the platform with Portfolio Manager Ilina Chen. “This outcome underscores the trust investors place in our team and strategy and further strengthens the foundation for the growth of the Legato platform.”

The Legato platform continues to build on LGT Capital Partners’ longstanding experience in the CLO market. Having invested in CLOs for more than a decade as both a limited partner and direct investor, the firm now manages its own European CLO portfolios, drawing on this expertise to navigate a range of market environments. Launched in May 2025, the Legato platform utilizes existing internal capital allocations as well as institutional third-party investments.