Investment Management

Senior Loans

Repeatable alpha driven by bottom-up fundamental research

Introduction to Senior Loans

Senior Loan Capabilities

Contact Us

Charles M. Shaffer, JD Charles M. Shaffer, JD Managing Director, Head of Institutional Distribution (212) 309-6457

Investment Strategies

The Senior Loan team targets superior long-term risk-adjusted returns, rather than the highest nominal returns at the expense of greatly increased credit risk.

Senior Loans


  • Focus on fundamental credit analysis, relative value assessment and high levels of diversification
  • Targets the top-tier of the non-investment grade senior loan category
  • Utilizes top-down analysis to target industries with strong operating momentum or improving credit conditions


  • One of the pioneering senior loan teams with over 40 dedicated members including 20+ investment professionals
  • Dedicated support team includes trading, operations, compliance, analytics and legal
  • Remarkable stability in personnel has produced exceptionally dependable performance


  • Proven ability to capture the capital structure and interest rate risk advantages of floating rate loans
  • Strong long-term risk-adjusted returns with well-controlled credit risk
  • Emphasis on loss mitigation and capital preservation has outperformed the benchmark for more than 11 years