Aegon Asset Management to acquire the North Westerly CLO Platform of NIBC.

Aegon Asset Management, a financial services provider, agreed to acquire the North Westerly CLO Platform of NIBC, a banking services provider. Financial terms were not disclosed. “We are pleased to have found a strong partner in Aegon Asset Management, who will ensure seamless continuity of service for all North Westerly stakeholders and staff involved. On behalf of the Management Board, I would like to extend my gratitude to the CLO team for their dedication to the North Westerly platform. Their pioneering efforts in applying ESG principles to award-winning CLOs is commendable, and their almost 20-year track record is a testament to their expertise and commitment," Paulus de Wilt, NIBC CEO.