CLO Manager Long-Term Performance*

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ManagerAssetLiabilityAsset Rank (1–110)Liability Rank (1–135)AlphaBeta (SPBDAL)Information RatioLiability Z-Score# Deals Used# Observations
40/86 Advisors5120200.036550.824410.17566-0.36067688
AEGON USA Investment Management3146210.017200.942590.07863-0.360613796
AGL Credit129643-0.011751.10651-0.077190.054517482
AXA Investment Managers4344490.024530.949140.081140.099912743
Airlie CDO Capital Management192
Allianz Global Investors3359510.006981.141030.029600.16114481
Allstate Investment Management4225330.032790.929580.17113-0.124511663
American Money Management5321580.033960.940200.174250.2798161597
Anchorage Capital Group5314730.055740.967670.240040.4750241402
Angelo, Gordon & Co45311080.035731.090440.123990.9408161133
Antares Capital
Apollo Global Management5218290.033310.973480.18025-0.2454403700
Aquarian Credit Partners4227240.030341.041200.16147-0.34076281
Ares Management3148190.010740.996390.07192-0.3891524983
ArrowMark Colorado Holdings4442950.017500.975420.082370.741716899
Atlantic Avenue51050.9117
Avenue Capital Management240
BNP Paribas Asset Management217422-0.004210.96703-0.00577-0.35522255
Bain Capital Credit228231-0.000421.01653-0.02836-0.2095342296
Ballyrock Investment Advisors4137140.015801.026990.09484-0.493510654
Bardin Hill Investment Partners149380-0.031021.05319-0.057280.5871161751
Barrow Hanley1131.08450
Beach Point1261.355518
Benefit Street Partners3365620.002801.054300.012830.3153484075
Birch Grove Capital1201.230594
Black Diamond Capital Management4323680.060310.917110.172880.42757708
Blackrock Financial Management511740.040740.905200.19987-0.8558251889
Blue Owl1592110-0.014851.03359-0.055990.9843191141
BlueBay Asset Management1211.26119
Bradford & Marzec83
Brigade Capital Management139169-0.011871.07809-0.053150.4286181061
CFI Partners45431160.023730.971840.081461.14525370
CIFC Asset Management5116230.031750.975030.21139-0.3467475231
CIT Asset Management205
CQS Management1241.344225
CVC Credit Partners413490.018640.977520.10993-0.6358302688
Canaras Capital Management148996-0.018381.15235-0.048220.77505532
Canyon Capital Advisors4335480.017620.979010.097990.0949151119
Capital Four Management1121.075621
Carlyle Group226928-0.001891.044500.00035-0.2457585555
Caywood-Scholl Capital Management89
Cerberus Capital Management33
Clinton Group93
Columbia Management2172160.004300.99132-0.00349-0.4162121490
Credit Suisse First Boston5111130.055301.007930.26665-0.5040454353
Credit Value Partners860.633523
Crescent Capital Group1410382-0.040311.10979-0.139520.6097171201
Deerpath Capital Management309
Delaware Investment Advisors287
Deutsche Asset Management35641270.003971.051350.016971.36312518
Diameter Capital1251.3529131
Doral Bank530.082960.912210.450062132
DoubleLine Capital1410993-0.055331.08249-0.287210.73468361
Eaton Vance Management292
Ellington Management Group240
Elmwood Asset Management521320.082370.875950.47951-0.203212437
Empower Capital Management1151.13916
FS Investment Corporation84
FS Investments1231.289750
First Eagle Private Credit2370560.001681.046420.000280.2446443400
Five Arrows Managers2581111-0.007351.07661-0.027681.02728777
Fore Research & Management76
Fort Washington Investment Advisors15110118-0.052891.01571-0.326361.1522257
Fortress Investment Group5561290.111000.939670.337821.413013899
Franklin Advisers282
GE Capital40
GSC Acquisition453
Gallatin Loan Management36
Generate Advisors545810.064670.981040.363560.59819513
Global Leveraged Capital116
Goldentree Asset Management412630.035551.006330.16815-0.8597171470
Goldman Sachs Asset Management137
Goldman Sachs Specialty Lending Group52
Golub Capital547790.090710.897380.327990.5679221084
Grandview Capital Management97
Granite State Capital Management0
Greywolf Capital Management248485-0.003601.07705-0.030300.63215444
Guggenheim Partners554980.083950.844840.435550.8110121148
Gulf Stream Asset Management5
HIG WhiteHorse5410880.097580.860150.302670.66093521
HPS Investment Partners3163180.001510.994950.01859-0.4051151226
HalseyPoint Asset Management1410674-0.030021.08671-0.193540.48785145
Harbourview Asset Management187
Harch Capital Management172
Hartford Investment Management101
Hayfin Capital Management5591170.068090.957670.314681.15138872
Highland Capital Management4229440.058090.964890.151360.071072255
ICE Canyon
ICG Debt Advisors3358660.013930.970400.033130.414918970
Investcorp Credit Management345778-0.001031.031370.034110.5473402421
Irradiant Partners3249450.011601.022920.070830.072613456
JMP Credit Advisors144
JPMorgan Chase Bank53
Jefferies Finance35551000.008391.111080.039500.8292161318
KCAP Financial88
KKR Financial Advisors5322540.034991.030800.173380.2011322246
King Street Capital Management238665-0.007851.08509-0.036750.403411517
LCM Asset Management1210126-0.021861.02504-0.11575-0.3217282377
Levine Leichtman Capital Partners52
Loomis Sayles1410577-0.042161.24261-0.171250.54091120
Lord Abbett102
Lufkin Advisors262
MCG Capital Corporation32
MFS Investment Management181
MJX Asset Management237859-0.007561.07013-0.018060.3123353209
MacKay Shields2583131-0.006211.03727-0.028531.57642131
Man Group139750-0.037751.13716-0.090300.11519933
Marathon Asset Management2573104-0.007191.15409-0.003720.8996141022
Medalist Partners552990.088140.911180.466370.82352110
Mercer Park66
MidOcean Credit Fund Management2579102-0.000021.02682-0.024630.879710768
Monroe Capital Advisors3351640.044671.019160.065350.33051163
Morgan Stanley Eaton Vance228739-0.006901.02062-0.03766-0.020216825
Muzinich & Co1341.96376
Napier Park Global Capital5212380.038820.923990.24669-0.0456201500
Nassau Corporate Credit1598130-0.050411.14225-0.108941.41948386
Natixis Asset Management14
Neuberger Berman3166120.003461.030960.01079-0.5160382541
New Mountain Capital720.468970
New York Life Investment Management413820.019400.981730.09217-0.8683131047
New-Alliance Asset Management31
NewStar Financial70
Newfleet Asset Management1590132-0.013070.95424-0.050451.57851231
Nomura Corporate Research and Asset Management50
Northwestern Investment Management Company227-0.2546
Northwestern Mutual1281.38973
ORIX Advisers1310063-0.022021.00931-0.113570.32029585
Oak Hill Advisors518110.048690.972830.31530-0.5174282118
Oaktree Capital Management3250420.006791.014490.069630.038920839
Octagon Credit Investors3147150.011530.982260.07507-0.4464463461
Onex Credit Partners4333520.027870.970360.116950.1906241414
Orchard First Source Asset Management5219340.049030.978500.17569-0.11976453
PPM America1410784-0.035721.06785-0.205800.61385209
PS Management79
Palmer Square Capital Management4230300.026140.968770.12934-0.2311291317
Pangaea Asset Management101
Par-Four Investment Management5415940.072181.024510.213900.73731182
Park Avenue Institutional Advisers1410892-0.043331.03149-0.228490.73107345
Partners Group248887-0.008611.01019-0.038350.64948351
Patriarch Partners127
PineBridge Investments3260370.003481.025530.02426-0.0528171830
Post Advisory Group149475-0.016641.02418-0.058740.5271284
Pretium Credit Management4339530.017370.998420.092050.197013801
Princeton Advisory Group92
Putnam Investments970.782477
Resource Capital Asset Management333
Royal Bank of Canada4320.095441.043050.11721154
Sankaty Advisors107
Saratoga Investment Management21765-0.004311.05699-0.01308-0.78171166
Sculptor Loan Management4336710.020170.982000.095870.4482271966
Seix Advisors2477890.001081.01165-0.013780.674871272
Shenkman Capital Management238561-0.009281.04008-0.034640.315112927
Silver Point1090.96693
Silver Point Capital64
Silver Rock Management1191.159813
Sixth Street3245350.016841.003330.07975-0.1059231075
Sound Harbor Partners604
Sound Point Capital Management228041-0.002410.99951-0.025140.0324664236
Starwood Property Trust39
Steele Creek Investment Management35561140.001821.046800.035231.10669538
Stein Roe & Farnham59
StoneCastle Advisors7
Sycamore Tree1221.287918
T2 Advisers67
TCW Asset Management3253460.011420.984760.052200.07689720
TICC Management83
Telos Asset Management4428760.070310.842730.156850.53884442
Tikehau Capital670.421427
Trimaran Advisors25681030.003391.014860.007480.8948111492
UrsaMine Credit Advisors200
Vibrant Capital Partners247591-0.001841.05704-0.012900.722715805
Vista Credit4240.100400.908370.17157257
Voya Alternative Asset Management119510-0.012041.01446-0.07546-0.5339333229
W.R. Huff Asset Management123
Warwick Capital51070.9200
Wells Capital Management211
West Gate Horizons47
Western Asset Management1210440-0.038891.11298-0.146030.00866481
Whitebox Capital Management55131010.050690.882770.242000.8653388
Z Capital189
ZAIS Group35521330.007691.177310.053371.858915816
Source: Amherst Pierpont Securities

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