CLO Manager Long-Term Performance*

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ManagerAssetLiabilityAsset Rank (1–125)Liability Rank (1–145)AlphaBeta (SPBDAL)Information RatioLiability Z-Score# Deals Used# Observations
40/86 Advisors4227340.037160.822780.17795-0.14617668
AEGON USA Investment Management4240280.024620.940330.11481-0.281113736
AGL Credit1312355-0.033931.08555-0.302660.195614380
AXA Investment Managers3251420.025180.945770.081660.084412680
Airlie CDO Capital Management192
Alcentra2376760.001131.040360.013070.4741162010
AllianceBernstein650.3506146
Allianz Global Investors3273510.006981.141030.029600.13424481
Allstate Investment Management5219320.039190.931010.20370-0.195110607
American Money Management4326630.035890.940020.181660.3422151533
Anchorage Capital Group5413820.061040.966670.265310.5195241297
Angelo, Gordon & Co45441060.029561.091300.103190.9079151073
Apollo Global Management5117200.040420.965560.21778-0.3731343452
Aquarian Credit Partners295-0.012231.14670-0.04672158
Ares Management4145100.015550.987470.10154-0.5883453877
ArrowMark Colorado Holdings3453930.016050.975820.075150.702515830
Assured Investment Management3169250.008351.001980.03276-0.3126312203
Avenue Capital Management240
BNP Paribas Asset Management238556-0.004210.96703-0.005770.23422255
Bain Capital Credit2290330.002001.01350-0.01281-0.1835292155
Ballyrock Investment Advisors4142230.018501.035340.10995-0.35339602
Bardin Hill Investment Partners1410784-0.035691.05324-0.078770.5344151707
Barings414180.024670.980220.11246-0.6546313077
Barrow Hanley51301.3561
Beach Point1351.484713
Benefit Street Partners238652-0.001571.07554-0.007790.1513261362
Birch Grove Capital1251.242774
Black Diamond Capital Management4330800.058990.923570.160450.50786682
Blackrock Financial Management511530.050920.901090.24426-0.8654251770
Blackstone317170.005660.992620.03037-0.6671544361
BlueBay Asset Management1261.26117
Bradford & Marzec83
Brigade Capital Management1310174-0.013321.07831-0.059180.465417978
CBAM1210246-0.017881.06307-0.067420.116915627
CFI Partners35521220.023310.969030.077531.17374355
CIFC Asset Management5114190.036120.969530.24535-0.3788444991
CIT Asset Management205
CQS Management1291.349614
CVC Credit Partners413390.023310.975300.13457-0.6343292568
Canaras Capital Management2599114-0.021731.15599-0.055710.99765507
Canyon Capital Advisors4246410.015350.974790.095620.0745161047
Capital Four Management1171.07528
CarVal1411288-0.023191.05302-0.114910.63124165
Carlson Capital15120141-0.057151.10858-0.204181.73123170
Carlyle Group4149180.016891.031840.08785-0.4140404620
Caywood-Scholl Capital Management89
Centerbridge1070.915424
Cerberus Capital Management33
Clinton Group93
Clover4343780.027810.981150.107220.48438251
Columbia Management2181220.005310.990880.00123-0.3631121456
Covenant Credit Partners4129260.037420.929100.16713-0.2955264
Credit Suisse First Boston516130.065411.010640.31870-0.5137434126
Credit Value Partners1110.947323
Crescent Capital Group1411586-0.046341.10328-0.158990.6095151124
Cutwater Investor Services35631150.023611.173030.043791.00633260
DFG Investment Advisers55161160.051591.045560.240181.05673143
Deerpath Capital Management309
Delaware Investment Advisors287
Denali Capital2482101-0.000151.04749-0.002070.78806888
Deutsche Asset Management35751380.003971.051350.016971.63002518
Diameter Capital1191.141099
Doral Bank520.082960.912210.450062132
DoubleLine Capital1412287-0.048491.08164-0.253170.61407335
Eaton Vance Management292
Ellington Management Group222
Elmwood Asset Management521310.091390.880120.60995-0.21309338
Empower Capital Management1130.99251
FS Investment Corporation84
FS Investments1271.286938
First Eagle Private Credit2279500.002361.036230.004770.1325362464
Five Arrows Managers2589112-0.002441.07712-0.011430.95258742
Fore Research & Management76
Fort Washington Investment Advisors15125128-0.072291.02883-0.422981.3051147
Fortress Investment Group5551330.115250.943530.349411.460813831
Franklin Advisers277
GE Capital40
GSC Acquisition453
Gallatin Loan Management5112240.059800.990320.29029-0.34055213
Garrison4
Generate Advisors548960.055020.979350.297470.73028467
Global Leveraged Capital116
Goldentree Asset Management512040.040711.005660.18935-0.8044161375
Goldman Sachs Asset Management127
Goldman Sachs Specialty Lending Group52
Golub Capital544920.100280.895020.354700.695721993
Grandview Capital Management97
Greywolf Capital Management2378690.003531.072840.005140.41487512
Guggenheim Partners5531100.083110.843270.429530.9337121120
Gulf Stream Asset Management1412495-0.055431.07417-0.304170.72274119
HIG WhiteHorse5322790.069260.915060.186250.49606753
HPS Investment Partners3274290.003100.994400.02637-0.2722141143
HalseyPoint Asset Management1311962-0.032831.08298-0.202560.33444116
Harbourview Asset Management182
Harch Capital Management172
Hartford Investment Management101
Hayfin Capital Management55111200.062430.959670.290661.15608322
Haymarket Financial522
Highland Capital Management4231490.058090.964890.151360.127172255
ICE Canyon
ICG Debt Advisors3358580.022660.973700.062370.258918897
Invesco3160150.009720.957640.05239-0.4537202053
Investcorp Credit Management237777-0.004021.044110.007210.4816201279
Irradiant Partners229448-0.003561.02459-0.022780.127111383
JMP Credit Advisors144
JPMorgan Chase Bank53
Jefferies Finance2484900.002051.13937-0.003790.6511121076
Jocassee1-1.057231
KCAP Financial88
KKR Financial Advisors5323540.037401.029320.185470.1903292061
King Street Capital Management239671-0.010201.08363-0.048580.447410446
Kramer Van Kirk Credit Strategies35591370.010991.018140.056691.56303118
LCM Asset Management1110921-0.019391.02019-0.09738-0.3667262234
Levine Leichtman Capital Partners52
Loomis Sayles1311873-0.042161.24261-0.171250.46431120
Lord Abbett102
Lufkin Advisors262
MCG Capital Corporation32
MFS Investment Management181
MJX Asset Management238861-0.005601.07165-0.011200.3258353044
MacKay Shields35621390.009761.041220.048151.65182121
Man Group1211047-0.039331.13961-0.097700.12409869
Marathon Asset Management2587109-0.008321.15988-0.008760.928313957
Marble Point3457940.001161.014790.064470.7079201018
Medalist Partners55181320.049291.003730.212831.39674277
Mercer Park66
MidOcean Credit Fund Management25931080.000261.02516-0.022230.923910723
Monroe Capital Advisors35551360.044671.019160.065351.48641163
Morgan Stanley Eaton Vance2280360.000471.021940.00283-0.106416736
Muzinich & Co1441.96371
Napier Park Global Capital529380.045350.924140.29337-0.0128171411
Nassau Corporate Credit15113134-0.050761.14144-0.115981.46198343
Natixis Asset Management14
Neuberger Berman3165110.009531.031590.03939-0.5618342359
New Mountain Capital750.470255
New York Life Investment Management413820.024470.983980.11791-0.8908131006
New-Alliance Asset Management31
NewStar Financial1310368-0.033831.18315-0.068730.40611419
Newfleet Asset Management15106143-0.018710.95228-0.074481.81851227
Nomura Corporate Research and Asset Management50
Northwestern Mutual1311.38970
Nuveen4132160.041170.911530.15051-0.4352201917
ORIX Advisers1310559-0.014761.00956-0.072540.27948530
Oak Hill Advisors5110140.047400.975820.29087-0.4618261995
Oaktree Capital Management3264390.001251.018090.042310.048419787
Octagon Credit Investors4139170.018400.977800.11768-0.4276423228
Onex Credit Partners4234450.031810.970390.134500.1148221305
Orchard First Source Asset Management5221270.051750.977520.18689-0.29336439
PGIM315660.008831.001450.06481-0.6857443646
PPM America1412181-0.043681.06539-0.238220.51565181
PS Management79
Pacific Asset Management3366570.008521.042270.038760.24964159
Palmer Square Capital Management4236300.026300.968300.12345-0.2391271192
Pangaea Asset Management101
Par-Four Investment Management25831420.003251.06048-0.003281.73765459
Park Avenue Institutional Advisers1411689-0.031191.03700-0.162580.64746302
Partners Group249791-0.011651.00538-0.049020.65138303
Patriarch Partners127
Pimco400.0663442
PineBridge Investments3267370.005831.024910.03553-0.0492171772
Post Advisory Group4450830.018431.031050.083560.5290172
Pretium Credit Management4248430.017990.995690.090840.102612774
Princeton Advisory Group92
Putnam Investments1000.782964
Resource Capital Asset Management333
Royal Bank of Canada4280.138761.053140.16872150
Sancus1452.355623
Sankaty Advisors107
Saratoga Investment Management317250.009561.056680.03004-0.78171156
Sculptor Loan Management4347700.019930.980910.094860.4376271852
Seix Advisors2491970.001391.01026-0.018580.732671233
Shenkman Capital Management239267-0.006921.03925-0.022110.356311885
Shinhan19
Silver Point720.45460
Silver Point Capital64
Silver Rock Management1211.168431
Silvermine Capital Management54
Sixth Street4235350.025171.003000.12762-0.136022990
Sound Harbor Partners604
Sound Point Capital Management239866-0.008090.98765-0.052620.3508331766
Starwood Property Trust1241.241829
Steele Creek Investment Management35701180.000511.052400.030681.10878498
Stein Roe & Farnham59
StoneCastle Advisors7
Sycamore Tree1231.237210
T2 Advisers67
TCW Asset Management3254440.014540.984930.070630.10999677
TIAA Advisory Services1411785-0.029821.02085-0.164070.57193186
TICC Management83
Tall Tree Investment Management54251040.050180.921960.181930.85975512
Telos Asset Management5324640.080280.844610.184660.34274425
Tikehau Capital600.294914
Trimaran Advisors3461990.010721.016630.049050.7641101448
UrsaMine Credit Advisors200
Vibrant Capital Partners2410098-0.013521.05892-0.057120.737012597
Vista Credit4370.074400.901510.12010252
Voya Alternative Asset Management1110412-0.011571.01086-0.07124-0.5494333067
W.R. Huff Asset Management123
Wellfleet Credit Partners14108103-0.017471.02030-0.079860.831914754
Wells Capital Management211
West Gate Horizons47
Western Asset Management1311453-0.032911.11747-0.116490.16966461
WhiteStar14111102-0.018341.04342-0.099270.8070211020
Whitebox Capital Management5471050.067010.892290.303830.8714373
Z Capital174
ZAIS Group35681400.009921.192240.034381.695413751
 
Average0.016711.005140.08358-0.21601763144966
Source: Amherst Pierpont Securities

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