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June 11, 2024 12:30 UTC

Sycamore Tree Capital Partners Wins Best US Boutique CLO Manager Award

The value-oriented alternative credit investment firm has issued five US CLOs since November 2021

DALLAS--( BUSINESS WIRE )-- Sycamore Tree Capital Partners (“Sycamore Tree”), a specialist asset manager with private and alternative credit investment expertise, announced that it has won the Best US Boutique CLO Manager Award for 2024 from Creditflux, as part of the publisher’s 16th annual global CLO Manager Awards, which recognize noteworthy CLOs, managers and funds in the $1.32 trillion global CLO market*.

The award series, according to Creditflux, is the only one dedicated to the CLO asset management industry that is solely determined by data and metrics. Its methodology for assessing CLOs involves blended outperformance, where the average ranking of each CLO is evaluated relative to its peers by up to 10 performance metrics. The objective is to identify managers that achieve high returns without compromising portfolio quality. This year, a record 80 CLO managers submitted data to Creditflux for consideration. More details on Creditflux award methodology can be found here .

“We are honored to receive this industry recognition. On behalf of our entire team, I want to thank our many investors and business partners around the world who contribute to our success,” said Mark Okada, Sycamore Tree co-founder and Chief Executive Officer. “We are committed to managing high quality investment portfolios, consistently focusing on risk management and developing long term relationships.”

Having closed its inaugural CLO in November of 2021, Sycamore Tree has issued five US CLOs with more than 75 discreet investors participating to date.

About Sycamore Tree Capital Partners

Sycamore Tree Capital Partners is a value-oriented, durable-alpha investment firm specializing in alternative credit. Founded by industry veterans Mark Okada, Trey Parker and Jack Yang, the firm has deep experience across economic and market cycles. Headquartered in Dallas, TX, with an office in New York City, the firm’s expertise includes bank loans, high yield bonds, structured credit and special situations. For additional information, please visit www.sycamorelp.com .

Disclosures

Sycamore Tree Capital Partners, L.P. (“Sycamore”) paid no compensation for this award. The firm is a paid subscriber to certain Creditflux research products and did purchase an advertisement after the award was received. Creditflux issued this award on May 16, 2024, for the 2023 calendar year. The award methodology and their subjective criteria can be found on their website. Only CLO managers that submitted applications to be considered for the award were evaluated by Creditflux, and therefore their analysis was based on a limited universe of CLO managers. The information provided above is for informational purposes only, and awards and past performance are not indicative of future performance. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of Sycamore or a fund managed by Sycamore or its affiliates.

*Global CLO capital (debt and equity) as of March 31, 2024, according to Creditflux data.

Contacts

Andrew Merrill & Aidan O’Connor
Prosek Partners
646.818.9283
amerrill@prosek.com
aoconnor@prosek.com


Source: Sycamore Tree Capital Partners

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