Madison Capital Funding LLC announced the closing of MCF CLO VII LLC, a $302 million collateralized loan obligation.  The CLO will have a 4-year reinvestment period and Madison Capital will serve as collateral manager.

"This transaction represents our seventh middle market CLO to date and our third CLO transaction this year, with our 2017 CLO issuance approaching $1.0 billion.  Investors place great value in Madison Capital's strong loan originations capabilities, sophisticated credit management platform, and uninterrupted capital support from New York Life," said Managing Director & Head of Investment Management, Ashish Shah.

Madison Capital is a market leader in supporting middle market private equity sponsors with cash-flow based corporate finance solutions across a broad spectrum of industries. Since its founding in 2001, the company has invested over $26.6 billion in net funded commitments in over 1,000 financing transactions. Madison Capital manages over $8 billion in assets for New York Life and other third party clients.