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Morgan Stanley | Eaton Vance CLO Manager LLC
Morgan Stanley acquired Eaton Vance in a $7 billion deal that closed in March 2021, folding Eaton Vance's CLO management business into the bank's larger...
Morgan Stanley | Eaton Vance CLO Manager LLC
Morgan Stanley acquired Eaton Vance in a $7 billion deal that closed in March 2021, folding Eaton Vance's CLO management business into the bank's larger investment management division. The CLO unit originates and manages portfolios of leveraged loans, securitizing them into tranches that range from AAA-rated senior notes to equity pieces (per public record). The CLO platform primarily targets institutional buyers—insurance companies, pension funds, and other asset managers—seeking yield in credit markets. Portfolio composition centers on syndicated leveraged loans, with exposure to US and European corporate credits (per public record). The team structures new CLOs and manages existing vehicles. Post-acquisition, the CLO unit operates under Morgan Stanley's $1.4 trillion investment management umbrella (as of 2025). Professionals in Boston and likely New York manage issuance and ongoing portfolio management. No recent major operational events were identified in the last 24 months, though the broader CLO market has seen active issuance volumes. The structural differentiator: This is a bank-owned CLO manager within a global financial institution, not a standalone credit firm. Morgan Stanley's balance sheet and distribution network provide capital and access to institutional investors, while Eaton Vance's legacy CLO expertise shapes the product lineup. This architecture differs from independent CLO managers that rely on third-party capital exclusively.
General information
Firm type
Other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Boston
Corporate office
Boston, MA, United States
Sector focus
Frequently asked questions
What does the CLO manager do?
The unit originates and manages collateralized loan obligations—pools of leveraged loans structured into tranches of varying risk. It issues new CLOs and manages existing vehicles for institutional investors (per public record).
Is this a family office or a standalone investment firm?
Neither. This is a business line within Morgan Stanley's investment management division, acquired via the Eaton Vance purchase in 2021. It operates as a corporate credit manager, not a family office or independent asset manager (per public record).
Who manages the CLO team?
No publicly named CIO or portfolio manager was identified. The team operates within Morgan Stanley's broad investment management structure, with professionals in Boston (per public record). Specific leadership is not disclosed in available sources.
What types of assets does the CLO manager invest in?
The portfolio consists of syndicated leveraged loans—loans to corporations with below-investment-grade credit ratings. These loans are pooled and structured into CLOs with different tranche ratings (per public record).
Does the firm invest directly in companies?
No. The CLO manager does not make direct equity investments. It securitizes debt instruments and manages those portfolios for institutional clients (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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