CVC Cordatus is named as the Best boutique European CLO manager and Best 2007 European CLO at the Creditflux CLO Manager Awards 2011.
Creditflux, is one of the leading global information sources for credit trading and investing, credit derivatives, structured credit, distressed credit and credit research. Creditflux publishes online daily news and a monthly newsletter and manages a comprehensive database of CDOs and credit hedge funds.
The Creditflux awards are strictly performance data based and measure through a "Par Plus" analysis the value managers have added for both debt and equity investors across their funds, and reflect initial portfolio selection, trading decisions taken during the life of the transaction and management of the vehicles.
Another fund, Cordatus Recovery Partners I was a nominated finalist for the category of Best recent European CLO.
"We are extremely pleased to have been recognised by Creditflux" said Jonathan Bowers, Senior Portfolio Manager, CVC Cordatus. "The team has worked tremendously hard in tough markets to consistently deliver top quartile returns and minimal default rates for our investors across senior loans, second lien, mezzanine and bond intruments. Winning Best boutique European CLO manager against such strong competition is highly rewarding".