Manager Awards 2018 | Creditflux | The Landmark London, 222 Marylebone Rd, Marylebone, London NW1 6JQ, UK

This year we are giving 20 awards to managers of CLOs, credit hedge funds and direct lending funds from across the industry and the globe, representing a wide range of strategies and styles. Up to four finalists in each category will be revealed in the April issue of Creditflux. But you will need to wait until the night of 9th May for the winners to be unveiled.

The credit fund awards are based on a methodology that rewards performance weighted by volatility relative to a fund’s redemption profile. Funds are entered for the awards automatically, provided their returns are listed in Creditflux’s monthly performance listings.

CLO performance is assessed based on a combination of six metrics: change in OC cushion, weighted average rating factor, weighted average spread, weighted average price, and size and volatility of equity distributions. To enter, CLO managers must submit access to trustee reports since inception for their deals. The data will be available on our CLO database, CLO-i, to ensure full transparency. Once more, categories will cover deals that priced last year, active deals within their reinvestment period, and deals that were called in 2017.

2017 Winners:

BEST CREDIT MULTI STRATEGY FUND:
• Hellebore Credit Arbitrage
• Hellebore Credit Management

BEST NEW US CLO:
• Vibrant CLO IV
• DFG Investment Advisers
• Sound Point CLO X
• Sound Point Capital Mgt
• THL Credit Wind River 2016-1
• THL Credit Advisors
• Zais CLO 4
• Zais Group

BEST CORPORATE LONG-SHORT FUND:
• Millstreet Credit Fund
• Millstreet Capital Management
• Brigade Leveraged Capital Structures Fund
• Brigade Capital Management
• Latigo Ultra Fund
• Latigo Partners
• Selwood Liquid Credit Strategies
• Selwood Asset Management

BEST EUROPEAN DIRECT LENDING FUND:
• Patrimonium Middle Market Debt Fund
• Patrimonium
• Ares Capital Europe II
• Ares Management
• Clareant European Direct Lending Fund II
• Alcentra
• Kartesia Credit Opportunities III
• Kartesia

BEST NEW EUROPEAN CLO:
• Aurium CLO II
• Spire Partners
• BlackRock European CLO I
• BlackRock
• Cadogan Square CLO VII
• Credit Suiss Asset Mgt
• Harvest CLO XIV
• Investcorp Credit Management

BEST STRUCTURED FINANCE FUND:
• Cheyne Total Return Credit Fund (Dec 2017)
• Cheyne Capital
• Altum Credit European Master Fund
• Altum Capital Management
• Inari Fund
• Zais Group
• Serone Key Opportunities Fund
• Serone Capital Management

BEST BOUTIQUE CLO MANAGER:
• Spire Partners
• CQS Management
• Monroe Capital
• Wellfleet Credit Partners

BEST CLOSED-END CLO FUND:
• CIFC CLO CoInvestment Fund
• CIFC Asset Management
• Eagle Point Credit Company
• Eagle Point Credit Management
• Fair Oaks Income Fund
• Fair Oaks Capital
• Oxford Bridge
• Oxford Bridge Management

BEST US CLO:
• THL Credit Wind River CLO 2015-1
• THL Credit Advisors
• Octagon XXIII
• Madison Park Funding XVII
• Octagon Credit Investors
• Credit Suisse Asset Management
• Sound Point CLO IX
• Sound Point Capital Management

BEST US HIGH- YIELD FUND:
• Guggenheim High Yield Fund
• Guggenheim Investments
• Highland Loan Fund
• Highland Capital Management
• Marathon Loan Opportunities Fund
• Marathon Asset Management
• Wasserstein Debt Opportunities Fund
• Wasserstein Debt Opportunities Management

BEST EUROPEAN CLO:
• Dryden 35 Euro
• PGIM
• Aurium CLO I
• Spire Partners
• Babson Euro CLO 2014-II
• Barings
• Cadogan Square CLO VI
• Credit Suisse Asset Management

BEST CLO FUND:
• Acis Loan Funding
• Acis Capital Management
• BK Opportunities Fund
• Crystal Fund
• Clareant Structured Credit Opportunity Fund II
• Alcentra
• Napier Park European Credit Opportunities Fund
• Napier Park Global Capital

BEST US REDEEMED IN 2016:
• Golub Capital Management 2007-1
• Golub Capital
• Madison Park Funding II
• Credit Suisse Asset Management
• Sands Point Funding
• Guggenheim Investments
• Symphony CLO IV
• Symphony Asset Management

BEST EUROPEAN HIGH YIELD FUND:
• ICG Total Credit Fund
• Intermediate Capital Group
• ICG Total Credit Fund
• Intermediate Capital Group
• M&G European High Yield Bond Fund
• M&G Investment
• PGIM European HY Bond Fund
• PGIM
• SCOR Euro High Yield
• SCOR Investment Partners

BEST EUROPEAN CLO REDEEMED IN 2016:
• Harbourmaster CLO 7
• GSO Capital Partners
• Egret Funding CLO I
• Lyxor
• Gateway IV
• PGIM
• Jubilee IV
• Alcentra

BEST UCITS CREDIT FUND:
• Xaia Credit Debt Capital
• Xaia Investment
• Angel Oak Multi-Strategy Income Ucits Fund
• Angel Oak Capital Advisors
• Beach Point Diversified Credit Fund
• Beach Point Capital Management
• Loomis Sayles Strategic Alpha Bond Fund
• Loomis Sayles

BEST US CLO MANAGER:
• Sound Point Capital Management
• Apollo Global Management
• Credit Suisse Asset Management
• THL Credit Advisors

BEST EUROPEAN CLO MANAGER:
• PGIM
• Barings
• Carlyle Group
• Investcorp Credit Management

CREDITFLUX MANAGER OF THE YEAR:
• PGIM
• Credit Suisse Asset Management
• Sound Point Capital Management
• THL Credit Advisors