PineBridge Structured Capital announced that it has completed its first investment for 2018, a $25.0 million mezzanine debt investment in Comprehensive Logistics Co., LLC (CLI) as part of a refinancing transaction. CLI is a growing third-party logistics firm providing engineered warehouse, value-added assembly and supply chain performance management services to the automotive, agricultural and industrial manufacturing industries. CLI manages more than 3.6 million square feet of operating space across 20 facilities throughout the Midwest and Southeast in the United States and Canada.

PineBridge Structured Capital provides customized, non-control junior capital solutions to privately owned middle market companies. PineBridge Investments is a private, global asset manager focused on active, high-conviction investing. The firm draws on the collective power of our experts in each discipline, market, and region of the world through an open culture of collaboration designed to identify the best ideas. Our mission is to exceed clients’ expectations on every level, every day. As of 30 September 2017, the firm managed $88.6 billion across global asset classes for sophisticated investors around the world.