Sycamore Tree Capital Partners Closes Fifth CLO at $504 Million; Resets, Extends and Upsizes STCP CLO 3 to $525 Million

DALLAS--(BUSINESS WIRE)--Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, today announced the closing of STCP CLO 2024-5, Ltd. (“STCP CLO 5” or “the Fund”), the Firm’s fifth and largest new issue collateralized loan obligation since launching its CLO platform in July of 2021. STCP CLO 5 totals $504 million and received strong support from a broad range of new and existing institutional investors, including pub