Collateralized Loan Obligations

Collateralized Loan Obligations (CLOs) are structured finance vehicles that pool diversified portfolios of corporate bank loans and issue securities to qualified investors. Collectively, PPM and its affiliates PPM Loan Management Company, LLC (PPMLM) and PPM Loan Management Company 2, LLC (PPMLM2) have served as collateral manager for 14 CLOs since 1999. In this role, PPM is responsible for portfolio construction, ongoing asset management, and the disciplined exit of individual investments. CLOs represent a natural extension of PPM’s long-standing expertise in floating-rate corporate bank loans, leveraging the depth, experience, and scale of its dedicated bank loan investment team. As a well-established and respected participant in the CLO market, PPM’s long-standing relationships across the investment community provide consistent access to market opportunities.

Our CLO DEALS

  • SERVES 1999-5
  • SERVES 2001-6
  • SERVES 2004-1
  • SERVES 2006-1
  • PPM Grayhawk CLO
  • PPM Riviera Loan Fund
  • PPM CLO 2018-1
  • PPM CLO 2
  • PPM CLO 3
  • PPM CLO 4
  • PPM CLO 5
  • PPM CLO 6
  • PPM CLO 7
  • PPM CLO 8
$
3

BILLION IN AUM

14

CLOS IN THE FIRM'S HISTORY

400
+

UNIQUE LOAN AND BOND ISSUERS ACROSS CLOS

OUR INVESTMENT PROFESSIONALS:

19

YEARS AVG. INVESTMENT EXPERIENCE - PORTFOLIO MANAGERS

14

YEARS AVG. PPM TENURE - PORTFOLIO MANAGERS

Portfolio Managers

EXPERIENCE AND STABILITY

PPM utilizes a team-based approach to manage the assets of the portfolio, working closely to generate ideas and gain greater insight on the macroeconomic environment as they make investment decisions. The portfolio management team is supported by peers on the fixed income team as well as the credit research, structured products, risk management and trading teams. The research performed by credit analysts is among the most important inputs contributing to the portfolio management team’s investment decisions.

CTA woman reading Ipad

OUR STORY

We have the expertise, reach and resources to provide clients with a diverse set of investment solutions.

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Firm statistics provided above are as of March 31, 2026. (1) All securities sold by a CLO managed by PPM are sold via third party placement agents and are not available for purchase from PPM or its affiliates directly.

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