US CLO Managers (Performance)

US Module premium users will gain access to all basic premium content, as well as to US manager performance reports, including the latest reports on individual investment return performance from large and seasoned US CLO managers. Due to the proprietary research nature of our CLO Premium service, we do not offer free trials.

US CLO Manager Report: Oak Hill Advisors (OHA)

Despite adopting a lower-interest-return strategy, OHA has consistently outperformed its peers in both declining and rising loan market conditions. In recent times, the firm has further extended its lead over competitors, showcasing its effective management approach.

US CLO Manager Report: Elmwood

Elmwood has generated impressive above-average total return alpha metrics, as illustrated in the graph above. As of the most recent data point in October 2023, Elmwood stands out as one of the best performing managers, boasting over...

US CLO Manager Report: CIFC

Since the middle of last year, CIFC has further widened its lead over its peers, which highlights the effectiveness of its conservative portfolio approach and solid performance.

US CLO Manager Report: Octagon

Octagon has generally performed well, outperforming its peers due to above-average interest return alpha metrics. However, the manager’s Market Value (MV) alpha has been on a downward trend since mid-2022.

US CLO Manager Report: Anchorage

Looking at the average metrics for 1H 2023, 2022, 2021 and 2020, Anchorage outperformed its peers on all three fronts – total, MV and the interest return alpha.

US CLO Manager Report: Sixth Street

Sixth Street demonstrated remarkable resilience in terms of its total performance, consistently outperforming the loan index in both declining and rising loan markets. Notably, Sixth Street’s total alpha did not decline following the loan market crash in late March 2020, which highlights the effectiveness of its conservative strategy.

US CLO Manager Report: Napier Park

As shown in the graph above, Napier Park outperformed its peers, with the outperformance primarily due to its Market Value (MV) alpha. However, the manager's performance has fallen quite recently. As of the last reading, Napier Park is slightly ahead of its peers despite its below-average interest alpha.

US CLO Manager Report: Blackstone

The graph clearly illustrates that Blackstone outperformed both the loan index and its peers, with the most significant outperformance stemming from MV alpha. In contrast, the average deal in the sample underperformed the loan index for a majority of 2020, whereas Blackstone’s performance remained resilient, surpassing the loan index in both declining and rising loan markets. However, the manager’s performance has trended lower since late 2021.

1 2 7
Page 1 of 7