Greenwich-based Marble Point Credit Management acquires American Capital CLO Management

Marble Point Credit Management LLC of Greenwich has completed the acquisition of American Capital CLO Management LLC, an investment manager, which as of December 2016 had approximately $3.4 billion in assets under management across eight collateralized loan obligation vehicles.

Marble Point was founded by Shandell in partnership with Eagle Point Credit Management LLC. Sumitomo Mitsui Trust Bank Ltd, a Japanese trust bank, and GreensLedge Holdings are strategic investors in Marble Point.