The Capital Markets Group has significant experience managing a variety of total return and current income oriented leveraged and unleveraged strategies allocating to asset classes including:

Syndicated Loans
The Capital Markets Group’s senior professionals average more than 11 years of experience investing in syndicated loans and more than 6 years of experience investing in second-lien leveraged loans. Consistent with the Capital Markets Group’s overall investment strategy, a central focus is on principal preservation and investing in asset-rich, cash-flow positive companies that are active issuers in both the primary and secondary markets.

High Yield Bonds
The Capital Markets Group’s senior professionals average more than 11 years of experience investing in high yield bonds, managing both concentrated high yield portfolios as well as other vehicles that include allocations to this asset class. Depending on the near-term market outlook, the Capital Markets Group allocates its investment exposure to higher or lower rated assets.

Distressed Debt / Special Situations
The Capital Markets Group’s senior professionals average more than 20 years of experience investing in distressed debt / special situations. In the past, the Capital Markets Group has primarily invested in these securities from non-distressed dedicated funds. In 2007, the Capital Markets Group launched its first fund specifically dedicated to this asset class in anticipation of significant opportunities after years of aggressive lending practices in the leveraged finance markets. This particular investment vehicle focuses on first and second-lien bank loans and high yield bonds as well as equities and other securities in reorganized entities that are trading at stressed or distressed levels.