Citigroup has acquired the management responsibilities for four CLOs from DiMaio Ahmad Capital (DA Capital) for an undisclosed sum.

The four CLOs, Duane Street CLO I, Ltd., Duane Street CLO II, Ltd., Duane Street CLO III, Ltd., and Duane Street CLO IV, Ltd., collectively manage $2 billion in assets. They will be managed by Citigroup’s Citi Capital Advisors unit, which currently has $16.2 billion in assets under management, $800 million of them in CLOs.

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