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Eaton Vance files Form D for CLO fund with no sales

Morgan Stanley Smith Barney is placement agent on both Eaton Vance vehicles, and WestCap reports a $10 million distressed fund fully subscribed.

At a glance

  1. The vehicles are classified as other investment funds, and the fund names point to collateralized loan obligations without further strategy detail.
  2. Offering amount, minimum commitment and liquidity terms are not in the Form D, so those numbers must come from a term sheet.
  3. The nearest benchmark among the week's filings is WestCap's $10 million distressed fund, the only vehicle that names a credit strategy and reports money raised.

Eaton Vance filed SEC Form Ds on Nov. 3, 2026, for Eaton Vance CLO Fund I LP and a Cayman parallel, Eaton Vance CLO Fund I (Cayman) LP, naming Morgan Stanley Smith Barney LLC as placement agent and reporting no sales on either vehicle.

Both filings list the offering amount as indefinite and state that a first sale has yet to occur; Eaton is named manager. The vehicles are classified as other investment funds, and the fund names point to collateralized loan obligations without further strategy detail.

Offering amount, minimum commitment and liquidity terms are not in the Form D, so those numbers must come from a term sheet. Morgan Stanley Smith Barney is placement agent on both the onshore and Cayman vehicles, and the Cayman parallel is the structure typically used for non-U.S. commitments.

The nearest benchmark among the week's filings is WestCap's $10 million distressed fund, the only vehicle that names a credit strategy and reports money raised.

The week's only credit fill

WC Special Situations Fund LLC reported $10 million sold against a $10 million offering in a Form D filed Nov. 3, 2026, with WestCap Management named as manager. The strategy is listed as opportunistic and distressed credit, though the filing types the fund as private equity. Its first sale is dated Sept. 30, 2025, about 13 months before the filing, indicating the raise was complete by the time the paperwork was filed.

Other Form Ds filed in the week

Three of the 17 Form Ds filed from Nov. 3 to Nov. 9, 2026 reported money raised, and the two largest were not credit. Hudson Housing Tax Credit Fund CXXVII LLC reported $106.1 million sold with a $106.1 million minimum investment and a first sale of Aug. 7, 2026. Hudson Housing Securities LLC is named placement agent. Clocktower Commodity Access Feeder LP, a Clocktower Group hedge fund, reported $114.3 million sold against a $100,000 minimum, with a first sale of Nov. 1, 2026, eight days before the filing.

The other 14 filings reported no sales and no first sale, including Kodo Partners I LP, which named UBS Securities LLC as placement agent, Banner Ridge DSCO Fund III (Insurance) RNF LP, Balerion Space Ventures' main fund and its parallel, and four ARCHIV Capital vehicles at a $1 million minimum each.

Eaton Vance's next marker is a first sale on either the domestic or Cayman vehicle. Until one is reported, the CLO fund is a filed offering with a named distributor and no disclosed size.

Reported by the Fund launches & raises desk from SEC EDGAR Form D, Eaton Vance CLO Fund I LP, SEC EDGAR Form D, Eaton Vance CLO Fund I (Cayman) LP, SEC EDGAR Form D, WC Special Situations Fund, LLC, SEC EDGAR Form D, Hudson Housing Tax Credit Fund CXXVII LLC and SEC EDGAR Form D, Clocktower Commodity Access Feeder LP. Published . Corrections

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Eaton Vance files Form D for CLO fund with no sales