CLO Manager Long-Term Performance*

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ManagerAssetLiabilityAsset Rank (1–112)Liability Rank (1–137)AlphaBeta (SPBDAL)Information RatioLiability Z-Score# Deals Used# Observations
40/86 Advisors4126190.035200.825500.16822-0.36177707
AEGON USA Investment Management3247250.017090.942830.07885-0.324814858
AGL Credit2270400.001001.108730.012710.001618599
AXA Investment Managers4343500.023990.949080.087100.110312819
Airlie CDO Capital Management192
AllianceBernstein139856-0.017711.10939-0.084400.23793182
Allianz Global Investors3361510.006981.141030.029600.13584481
Allstate Investment Management4227260.030180.929840.16207-0.314311727
American Money Management5319600.036610.933910.193370.3047161658
Anchorage Capital Group5414740.058930.973290.228940.5244261523
Angelo, Gordon & Co45351070.033191.090780.115870.9208161197
Antares Capital1100.93330
Apollo Global Management4224310.031610.976750.17919-0.2313423843
Aquarian Credit Partners4228240.027621.043250.15332-0.33666294
Ares Management4142160.013490.998130.08719-0.4144555213
Aristotle238652-0.007451.04737-0.039640.16865216
ArrowMark Colorado Holdings3456930.012540.974240.056520.737017970
Atlantic Avenue1060.91170
Avenue Capital Management240
BNP Paribas Asset Management217421-0.004210.96703-0.00577-0.35772255
Bain Capital Credit2277320.001041.01607-0.00914-0.1819392474
Ballyrock Investment Advisors4137130.014951.017440.10279-0.487412720
Bardin Hill Investment Partners248780-0.028671.05436-0.046730.5740161794
Barings413880.021010.988360.10040-0.6364343340
Barrow Hanley1131.03706
Beach Point1281.355526
Benefit Street Partners3362580.005391.053600.029270.2776504279
Birch Grove Capital1181.0988124
Black Diamond Capital Management4325660.060020.914190.175000.44257732
Blackrock Financial Management512040.038900.907090.19107-0.8687262004
Blackstone316360.006301.005770.02919-0.6822654881
Blue Owl1591111-0.014201.03244-0.054370.9809201215
BlueBay Asset Management1241.261115
Bradford & Marzec83
Brigade Capital Management139767-0.016891.08065-0.073150.4480191140
CFI Partners35531190.021650.971670.073341.14185386
CIFC Asset Management5118180.029730.976490.20187-0.3866485504
CIT Asset Management205
CQS Management1251.278337
CVC Credit Partners413670.017240.978320.10296-0.6444322827
Canaras Capital Management1596108-0.028351.15168-0.071150.92685561
Canyon Capital Advisors4240470.017480.980450.093030.0889171211
Capital Four Management1161.075632
CarVal1410388-0.020501.04251-0.106400.68256228
Carlyle Group2269300.000731.045930.01371-0.2537625885
Caywood-Scholl Capital Management89
Centerbridge910.728066
Cerberus Capital Management33
Clinton Group93
Clover3352610.017700.973940.074980.312410400
Columbia Management2173220.004660.99191-0.00094-0.3513121527
Credit Suisse First Boston5113120.049261.007030.23604-0.5134484577
Credit Value Partners840.633523
Crescent Capital Group1410187-0.029921.11353-0.103150.6686181274
Deerpath Capital Management309
Delaware Investment Advisors287
Deutsche Asset Management35661300.003971.051350.016971.41142518
Diameter Capital1121.0106169
Doral Bank530.082960.912210.450062132
DoubleLine Capital1411092-0.050611.08316-0.265790.73468396
Eaton Vance Management292
Ellington Management Group263
Elmwood Asset Management521280.081350.873480.49180-0.296917567
Empower Capital Management980.802217
FS Investment Corporation84
FS Investments45321270.014221.014290.129351.2897265
First Eagle Private Credit2375570.000881.03888-0.006020.2669443545
Five Arrows Managers2582114-0.005641.07867-0.023501.05899820
Fore Research & Management76
Fort Washington Investment Advisors15112121-0.051671.01224-0.336801.1724268
Fortress Investment Group5591290.108390.937110.324461.396413974
Franklin Advisers287
GE Capital40
GSC Acquisition453
Gallatin Loan Management35
Garrison4
Generate Advisors546810.059860.984440.341610.58898476
Global Leveraged Capital116
Goldentree Asset Management511630.040661.004470.20394-0.8797191570
Goldman Sachs Asset Management144
Goldman Sachs Specialty Lending Group52
Golub Capital547730.088540.894820.334180.5054241185
Grandview Capital Management97
Granite State Capital Management5
Greywolf Capital Management248883-0.007121.07973-0.048410.62415461
Guggenheim Partners554970.083080.845820.431400.7968121175
Gulf Stream Asset Management5
HIG WhiteHorse5411850.062810.883600.251290.66092427
HPS Investment Partners3160140.005730.994700.03790-0.4692151322
HalseyPoint Asset Management1311170-0.045061.09742-0.293480.47273173
Harbourview Asset Management193
Harch Capital Management172
Hartford Investment Management101
Hayfin Capital Management55101200.062530.955320.288511.14498905
Highland Capital Management4230290.058090.964890.15136-0.273172255
ICE Canyon
ICG Debt Advisors3359680.014780.969000.041410.4509181056
Invesco3164200.005390.968090.02680-0.3590232245
Investcorp Credit Management346579-0.002191.030130.024310.5662432568
Irradiant Partners3348490.012111.025380.077230.103614546
JMP Credit Advisors144
JPMorgan Chase Bank53
Jefferies Finance35581090.008431.108250.043160.9312171389
Jocassee1-1.079841
KCAP Financial88
KKR Financial Advisors5322550.036001.035740.184780.2144342408
Katayma Loan Management1321.55070
King Street Capital Management149277-0.011971.08178-0.055590.561212588
LCM Asset Management1110417-0.024291.02805-0.12721-0.3919282514
Levine Leichtman Capital Partners52
Loomis Sayles1410875-0.042161.24261-0.171250.54091120
Lord Abbett102
Lufkin Advisors262
MCG Capital Corporation32
MFS Investment Management181
MJX Asset Management238159-0.008481.07170-0.021970.3020373400
MacKay Shields2580133-0.004491.03599-0.017461.57642142
Man Group1210045-0.038231.13459-0.094130.05749946
Marathon Asset Management2572105-0.006221.14923-0.000490.8994151096
Medalist Partners5521010.088140.911180.466370.82352110
Mercer Park66
MidOcean Credit Fund Management248496-0.001751.02805-0.032780.760710824
Monroe Capital Advisors3355650.044671.019160.065350.43441163
Morgan Stanley Eaton Vance228337-0.007541.01666-0.02885-0.057018933
Muzinich & Co1361.984713
Napier Park Global Capital5212380.037560.916880.24082-0.0520221612
Nassau Corporate Credit1599131-0.041371.14379-0.087141.41948438
Natixis Asset Management14
Neuberger Berman3167110.003991.027240.01605-0.5194402748
New Mountain Capital535690.056700.913800.373970.4689389
New York Life Investment Management314520.016510.981250.08117-0.8870131105
New-Alliance Asset Management31
NewStar Financial64
Newfleet Asset Management2589134-0.013070.95424-0.050451.62611231
Nomura Corporate Research and Asset Management50
Northwestern Investment Management Company3530.1861
Northwestern Mutual1030.864111
Nuveen3150230.024260.939450.07636-0.3475302386
ORIX Advisers1310562-0.024561.00861-0.130980.320810533
Oak Hill Advisors518100.052100.968920.32542-0.5290292247
Oaktree Capital Management4239390.013361.016150.09990-0.011824907
Octagon Credit Investors3149150.011670.986380.07718-0.4585493716
Onex Credit Partners4333540.028710.972510.122840.2024241539
Orchard First Source Asset Management4223340.049230.978960.18354-0.09817481
PGIM217150.000091.004060.00568-0.7031524156
PPM America1410782-0.028061.07222-0.158460.61385238
PS Management79
Palmer Square Capital Management5221270.030640.960620.18536-0.2977321459
Pangaea Asset Management101
Par-Four Investment Management5415900.072181.024510.213900.70631182
Park Avenue Institutional Advisers1410994-0.047491.03021-0.252260.75348398
Partners Group3457780.006211.014340.053400.562510418
Patriarch Partners127
Pimco480.0937485
PineBridge Investments2268360.001291.025510.01432-0.0773171892
Post Advisory Group1310271-0.022791.00667-0.104990.48333106
Pretium Credit Management3246440.015380.999030.078860.043313833
Princeton Advisory Group92
Putnam Investments950.758495
Resource Capital Asset Management333
Royal Bank of Canada4340.095441.043050.11721154
Sancus1372.387341
Sankaty Advisors107
Saratoga Investment Management178
Sculptor Loan Management4441720.018890.983150.090520.4924272088
Seix Advisors149086-0.007631.01808-0.051770.663681316
Shenkman Capital Management139363-0.013051.03991-0.057390.327112975
Shinhan30
Silver Point1151.064811
Silver Point Capital64
Silver Rock Management1231.237519
Sixth Street4244330.017741.003400.08508-0.1509221088
Sound Harbor Partners604
Sound Point Capital Management228542-0.004361.00530-0.035570.0414684526
Starwood Property Trust50
Steele Creek Investment Management2576117-0.009661.05420-0.007951.085910585
Stein Roe & Farnham59
StoneCastle Advisors7
Sycamore Tree1261.287937
T2 Advisers67
TCW Asset Management3254460.015730.979870.070690.059410764
TICC Management83
Telos Asset Management4429760.068930.842400.151980.55744455
Tikehau Capital1000.809544
Trimaran Advisors2579102-0.000181.01381-0.012950.8429111546
UrsaMine Credit Advisors200
Vibrant Capital Partners257899-0.001071.05651-0.011300.806915879
Vista Credit4310.087610.915760.15020263
Voya Alternative Asset Management11949-0.009111.01502-0.05910-0.5414343417
W.R. Huff Asset Management123
Warwick Capital1221.23240
Wellington Management410.03430
Wells Capital Management211
West Gate Horizons47
Western Asset Management1210643-0.035051.11078-0.133440.04176508
WhiteStar149589-0.007151.03152-0.063940.6892321778
Whitebox Capital Management55171040.044470.874560.203340.86733108
Z Capital207
ZAIS Group35511350.013871.160010.075851.868114894
 
Average0.013711.006970.07034-0.17001971162412
Source: Amherst Pierpont Securities

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