The TCW Group, a leading global investment firm with over US $200bn of assets under management, has announced the launch of a dedicated Asset-Backed Finance ("ABF") business that will be anchored with over US $1bn in capital commitments from TCW, partners, and affiliates.
TCW was an early entrant to private credit and the continued expansion of its alternatives capabilities will build upon the firm’s multi-decade track record in direct lending and its recently announced strategic partnership with Lakemore Partners Ltd. to support the growth of TCW’s CLO platform.
