Guggenheim becomes first firm to win Manager of the Year award twice; receives recognition for investment excellence for fifth consecutive year
NEW YORK – Guggenheim Partners (“Guggenheim”), a global investment and advisory firm with more than $240 billion in assets under management,* was named Manager of the Year 2015 by Creditflux, a London-based publisher of credit derivatives industry news. Creditflux presents the award annually based on quantifiable and relevant measures of performance across collateralized loan obligations (“CLOs”) and credit funds.
“This recognition is a tremendous accomplishment and a testament to the teamwork and dedication of our corporate credit team,” said Tom Hauser, Managing Director in Guggenheim Investments, who oversees the CLO business through the firm’s corporate credit group.
Guggenheim Investments is the investment management and advisory division of Guggenheim Partners. Guggenheim’s 100-member corporate credit group manages more than $66 billion in assets across separate accounts, CLOs, opportunistic credit and private debt.* Within the CLO practice itself, the team has 11 funds in place with roughly $6 billion in assets.*
“Our CLO offerings are built on our commitment to applying a rigorous research process to identify opportunities in credits and then structuring innovative ways to access them,” Hauser explained.
This is the fifth consecutive year that Creditflux recognized Guggenheim for its investment management excellence. In 2014, the firm’s Copper River CLO was awarded “Best Seasoned U.S. CLO (2008 and earlier),” its Iron Hill CLO was awarded “Best Seasoned European CLO (2008 and earlier),” and its 1888 Fund was awarded “Best CLO called in 2013.” In 2013, Guggenheim was awarded “Best U.S. CLO 2.0” for its 5180 CLO. In 2012, Guggenheim was named "Manager of the Year" and its Copper River CLO was awarded "Best Boom-Years U.S. CLO (2006-2008)." In 2011, the firm was named "Best U.S. CLO Manager” and its Copper River CLO was awarded “Best 2007 U.S. CLO.”
About Guggenheim Partners
Guggenheim Partners is a global investment and advisory firm with more than $240 billion in assets under management.* Across our three primary businesses of investment management, investment banking, and insurance services, we have a track record of delivering results through innovative solutions. With over 2,500 professionals based in more than 25 offices around the world, our commitment is to advance the strategic interests of our clients and to deliver long-term results with excellence and integrity. We invite you to learn more about our expertise and values by following us on Twitter at twitter.com/guggenheimptnrs.
* Assets under management as of 3.31.2015 and include consulting services for clients whose assets are valued at approximately $47 billion.
Creditflux Manager of the Year 2015 methodology is based on the highest average ranking across all Creditflux award categories where the manager is present in four or more award categories. Creditflux CLO awards methodology in 2011 was based on the performance across the lifetime of a deal up to the end of 2010 utilizing Creditflux’s ParPlus formula, and from 2012 to 2015, Creditflux utilized a Liquidation IRR Methodology or Best Called Deal Methodology. Liquidation IRR methodology is the internal rate of return equity investors would receive if each competing CLO had been liquidated on December 31 of the applicable year and all assets sold at market value. Best Called Deal Methodology is based on a deal’s actual achieved final equity IRR. More information about the awards methodology can be found on Creditflux’s website.
This information should not be viewed as representative of the experience of other investors and is no guarantee of future performance or success. The information presented above is intended for informational purposes only and is not an offer to buy or sell, or a solicitation of an offer to buy or sell, any security or fund interest.