Our private debt capabilities were established in 1991. Embedded within our broader fixed income team, our credit analysts and dedicated private placement team collaborate on both credit and structural points from the onset of every deal. We strive to invest in credits and structures that provide diversification and enhanced covenant protections versus the public investment grade market. Returns are driven by security selection, private premiums and make-whole payments. As a highly-respected market participant, our long-standing network and relationships in the investment community grant us access to the market.
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.
Firm statistics provided above are as of September 30, 2025. (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.