Global High Yield & CLOs

Unlocking Value Across Multiple Markets & Cycles

It takes depth and breadth to navigate today’s dynamic high yield markets.

Deep, Experienced & Global Team

Manage over $79 billion in assets across high yield bonds, loans, and CLOs

Integrated global team of 70+ investment professionals with significant local expertise

Decades of Demonstrated Success

Disciplined, consistent approach, with long track records across strategies

Access to a large opportunity set via longstanding partnerships with counterparties and borrowers

Dynamic Approach to Evolving Markets

Actively manage portfolios with a focus on optimizing long-term value for clients through market cycles

Long history of innovation and developing tailored investment solutions

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Public Fixed Income

CLOs: Constructive But Cautious

The CLO market remains well-supported by strong demand and resilient fundamentals, yet uncertainty persists. As macro forces and credit dynamics evolve, a disciplined, selective approach will be key to capturing opportunity—especially as innovation continues to reshape the landscape.

Quarterly – 5 min read

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Public Fixed Income

High Yield: Strategies for a Shifting Market

High yield continues to be a credible source of income and diversification in today’s environment—but broad market beta is unlikely to deliver outsized returns, making security selection and disciplined positioning paramount.

Quarterly – 5 min read

Public Fixed Income

European High Yield: A Compelling Case in an Uncertain World

European high yield has been resilient during periods of lower growth. And, looking forward, we believe there are several key reasons why the asset class remains well-positioned, despite the unknowns on the horizon.

Insights – 5 min read

Private Credit

Infrastructure CLOs: 101

Infrastructure CLOs are reshaping how institutional investors access essential, income-generating assets—offering a scalable, risk-adjusted entry point into the infrastructure debt market.

Insights – 5 min read

Public Fixed Income

High Yield: Tariffs, Tensions & Tactical Shifts

Head of Global High Yield, Scott Roth joins the Streaming Income podcast to discuss how tariffs and quickly shifting macro-economic and political dynamics are impacting corporate fundamentals and the backdrop for high yield bonds and broadly syndicated loans today.

Podcast – 32 min watch

Public Fixed Income

CLOs: Navigating a Bifurcated Market

The CLO market remains well-supported, but caution is warranted as the path forward will likely be shaped by both macroeconomic forces and deal-specific characteristics.

Quarterly – 4 min read

STRATEGIES

Global High Yield & CLOs

Our global high yield investment capabilities include high yield bonds, senior secured loans and structured credit. Our team of specialists collaborate to deliver specific client solutions across individual or multiple asset classes.

Learn More

Unlocking Value Across Multiple Markets & Cycles

Deep, Experienced & Global Team

Decades of Demonstrated Success

Dynamic Approach to Evolving Markets

Market Views

CLOs: Constructive But Cautious

High Yield: Strategies for a Shifting Market

European High Yield: A Compelling Case in an Uncertain World

Infrastructure CLOs: 101

High Yield: Tariffs, Tensions & Tactical Shifts

CLOs: Navigating a Bifurcated Market

Global High Yield & CLOs