Our Strategies

img img

Structured Credit

img img

Syndicated Credit

Vibrant Capital manages approximately $1.4 billion in structured credit.

Our strategies include commingled funds and managed accounts designed to capture opportunities across the capital structure with a primary focus on CLO debt and CLO equity.

Our founders have invested in the CLO asset class since 2002. Our Structured Credit team follows a prudent investment approach ensuring margin of safety while actively creating bespoke opportunities and capitalizing on periods of market dislocation.
Data as of Q1 2024

Structured Credit
Expertise

img

Veteran team with almost two decades of experience investing across the CLO capital structure since the market's inception

Diverse group that has worked together for 16 years dedicated to the asset class across multiple credit cycles

Established longstanding relationships and reputation allow us to create unique opportunities

Invest extensively in proprietary systems for CLO portfolio and risk management

Process and normalize data in real time from original sources with stringent quality control

Create institutional memory of market information and deal, collateral, and portfolio-level data

In-depth knowledge of CLO legal documents enables strong structuring capabilities

Proactively lead negotiations to secure favorable terms

Model various market scenarios to assess the impact of deal-specific legal documentation

Deep understanding of fundamental aspects of each underlying position

Synergistic relationship between the Syndicated and Structured Credit groups designed to identify and evaluate tail risk in underlying portfolios

Empowered by technology to analyze each underlying issuer

Veteran team with almost two decades of experience investing across the CLO capital structure since the market's inception

Diverse group that has worked together for 16 years dedicated to the asset class across multiple credit cycles

Established longstanding relationships and reputation allow us to create unique opportunities

Invest extensively in proprietary systems for CLO portfolio and risk management

Process and normalize data in real time from original sources with stringent quality control

Create institutional memory of market information and deal, collateral, and portfolio-level data

In-depth knowledge of CLO legal documents enables strong structuring capabilities

Proactively lead negotiations to secure favorable terms

Model various market scenarios to assess the impact of deal-specific legal documentation

Deep understanding of fundamental aspects of each underlying position

Synergistic relationship between the Syndicated and Structured Credit groups designed to identify and evaluate tail risk in underlying portfolios

Empowered by technology to analyze each underlying issuer

Vibrant Capital manages approximately $5.9 billion in syndicated credit.

We have been an active manager of U.S. CLOs since 2012. Our Syndicated Credit team follows a conservative and process-driven approach, while leveraging the firm's proprietary technology and structured credit expertise to deliver differentiated value in the current evolving credit markets.
Data as of Q1 2024

Syndicated Credit
Expertise

img

Adhere to a rigorous approach to investing with a primary focus on fundamental credit risk analysis

Focus on more liquid loans of higher-quality large-cap issuers in stable industries that are resilient to economic and industry downturns

Constantly follow and reevaluate exposures to detect risks and opportunities for portfolio optimization

Build and maintain strong relationships with dealers to secure allocations and consistently rotate portfolios

Develop proprietary systems customized for credit underwriting and risk management

Adapt and build ad hoc tools/models operating in real time

Employ proprietary credit scoring to provide a quantitative lens into relative value rotational opportunities

Utilize our team's nearly two decades of experience in structuring and investing across the capital structure of CLOs

Leverage state-of-the-art proprietary structured credit technology to generate market intelligence and insights

Adhere to a rigorous approach to investing with a primary focus on fundamental credit risk analysis

Focus on more liquid loans of higher-quality large-cap issuers in stable industries that are resilient to economic and industry downturns

Constantly follow and reevaluate exposures to detect risks and opportunities for portfolio optimization

Build and maintain strong relationships with dealers to secure allocations and consistently rotate portfolios

Develop proprietary systems customized for credit underwriting and risk management

Adapt and build ad hoc tools/models operating in real time

Employ proprietary credit scoring to provide a quantitative lens into relative value rotational opportunities

Utilize our team's nearly two decades of experience in structuring and investing across the capital structure of CLOs

Leverage state-of-the-art proprietary structured credit technology to generate market intelligence and insights