EU CLO Managers: Alpha Across Vintages How do managers perform across vintages? This article features some of the most seasoned EU CLO managers such as PGIM, Blackstone, CVC, Blackrock, Investcorp, Carlyle and Cairn Capital. EU CLO Managers’ alpha20152016201720182019BlackRock Financial ManagementNA0.3%0.5%0.5%-0.2%Cairn Capital0.4%0.2%0.3%0.5%0.5%Carlyle Group0.2%0.1%0.1%0.1%0.1%CVC Credit Partners0.5%0.1%0.2%0.1%-0.3%GSO/Blackstone Debt Funds Management0.1%0.2%0.1%0.4%0.2%Investcorp Credit Management0.1%0.0%0.0%0.1%-0.6%Prudential Financial (Pramerica)0.9%0.6%0.8%0.9%0.9% Source: Intex, LPC, CLO…