About This Fund
Beach Point Capital Sandstone Peak IV is the fourth CLO (Collateralized Loan Obligation) originated by Beach Point CLO Management LLC, an affiliate of Beach Point Capital Management LP. The transaction closed on January 5, 2026, with a total capitalization of $402.5 million, representing Beach Point's 38th securitization since establishing its CLO origination platform in 2015. The close brings the firm's CLO platform to approximately $1.7 billion in aggregate originated volume across the four Sandstone Peak transactions, underscoring Beach Point's consistent activity in the broadly syndicated leveraged loan market.
Sandstone Peak IV pools senior secured leveraged loans from corporate borrowers, issuing multiple tranches of rated debt obligations to institutional investors—including senior AAA-rated notes, mezzanine tranches at various rating levels, and an unrated subordinated equity tranche. Beach Point's broader credit platform spans performing credit, opportunistic credit, structured credit, asset-based finance, and private credit instruments, with CLO origination representing the structured and most liquid expression of its leveraged loan expertise. The CLO structure provides institutional investors with diversified, rated exposure to corporate credit at varying risk-return profiles while leveraging Beach Point's active portfolio management capabilities across the leveraged loan universe.
Beach Point Capital Management manages approximately $20.5 billion in assets as of September 30, 2025, across a predominantly institutional client base served from offices in Santa Monica, New York, London, and Dublin. Founded in 2009, the firm has developed one of the most comprehensive credit platforms among US-based alternative managers, encompassing high-yield bonds, senior loans, CLO origination, direct lending, real estate credit, and hybrid capital solutions. Portfolio Manager and Head of Liquid Credit Sinjin Bowron noted that Sandstone Peak IV underscores Beach Point's commitment to delivering value through disciplined portfolio construction and prudent risk management in an evolving credit environment.