Daily News: May 29, 2013

Credit Suisse Asset Management Named ‘CLO Manager of the Year’

Credit Suisse’s Asset Management business announced that it was named “CLO Manager of the Year” at Creditflux’s 2013 CLO Manager Awards.

“We are pleased to receive this important industry recognition,” said John Popp, head of Credit Suisse’s Credit Investments Group.

“This award reflects our continued commitment to clients and underscores the breadth of our expertise in the CLO space,” said Bob Jain, head of Credit Suisse Alternative Investments.

This is the third year Credit Suisse’s Asset Management business has received accolades from Creditflux, garnering awards for “Best seasoned US CLO” for Atrium CDO in 2012 and “Best 2005 US CLO” for Madison Park Funding I in 2011. For 2013, in addition to “CLO Manager of the Year,” Asset Management was nominated in five of the other 15 categories and received the award for “Best called CLO” for CSAM Funding I.

The Credit Investments Group manages bank loan, high yield bond and opportunistic credit portfolios. With substantial scale and an extensive network of local teams in New York and London, the Group offers a broad suite of solutions across the risk/return spectrum to meet a variety of client needs.