ARISTOTLE CREDIT

Aristotle Credit Partners, LLC is a privately owned, registered investment adviser that specializes in fixed income portfolio management for institutional and individual clients worldwide. We are one of four independent investment teams which collectively operate under a unified platform known as Aristotle. Our mission is to add value with active portfolio management to help our clients reach their long-term financial goals.

WHO IS ARISTOTLE CREDIT PARTNERS?

Fixed Income

  • High Yield
  • ESG High Yield
  • Short Duration High Yield
  • Investment Grade Corporate
  • Strategic Credit

INVESTMENT PHILOSOPHY

We believe that synthesizing macroeconomic insights with bottom-up credit research provides a comprehensive view of the potential influences on fixed income security prices and gives us the best opportunity of providing clients with consistent returns, on both an absolute and risk‑adjusted basis

TOP-DOWN AND BOTTOM-UP
PORTFOLIO MANAGEMENT
 

Macroeconomic environment views have the potential to influence portfolio positioning to take advantage of market anomalies; Well diversified by sector, industry and economic cyclicality

ANALYZE WITH A
GLOBAL PERSPECTIVE
 

Deepens our knowledge of companies and their global competitors, suppliers and customers

TARGET NON-DISTRESSED
SEGMENTS OF THE CORPORATE
DEBT MARKET

Lower probability of defaults leading to a more advantageous risk/reward trade off

DISCIPLINED PROCESS,
FUNDAMENTAL RESEARCH
 

Provides the opportunity to achieve attractive risk-adjusted returns in upward markets and mitigate risk in volatile markets

INVESTMENT PROCESS

Macroeconomic Views

  • Economic Growth
  • Interest Rates
  • Inflation
  • Market Health

Portfolio Construction

Emphasis on risk-adjusted returns
Portfolios built with long-term view

Fundamental Research

  • Industrial and Credit Analysis
  • Relative Value
  • Security Structure
  • Liquidity

INVESTMENT OFFERINGS

HIGH YIELD BOND

  • Number of Issuers: 100-150
  • Benchmark: Citi BB/B Excluding B/CCC Splits Index
  • Minimum Average Quality: B2
  • Minimum Security Rating: B/CCC
  • Minimum Issue Size: $150 million in original issuance
  • Duration: +/-25% of benchmark
  • Investment Grade Securities: 25% Maximum
  • Maximum Cash: 5%
  • Annual Turnover: Typically 15%-30%

SHORT DURATION HIGH YIELD BOND

  • Benchmark: ICE BofAML 1-3 Year BB-B U.S. Cash Pay Fixed Maturity High Yield Constrained Index
  • Minimum Average Quality: B2
  • Minimum Security Rating: B/CCC
  • Minimum Issue Size: $150 million in original issuance
  • Duration: +/-25% of benchmark
  • Investment Grade Securities: 25% Maximum
  • Maximum Cash: 5%
  • Annual Turnover: Typically 15%-30%

INVESTMENT GRADE CORPORATE BOND

  • Number of Issuers: 60-90
  • Benchmark: Bloomberg Barclays U.S. Corporate Investment Grade Index
  • Minimum Average Quality: Baa2
  • Minimum Security Rating: BBB/BB
  • Minimum Issue Size: $150 million in original issuance
  • Duration: +/-25% of benchmark
  • Maximum Cash: 5%
  • Annual Turnover: Typically 15%-30%

STRATEGIC CREDIT

  • Number of Issuers: 100-150
  • Benchmark: Blend of 1/3 Bloomberg Barclays U.S. HY Ba/B 2% Issuer Cap Index, 1/3 Bloomberg Barclays Intermediate Corp Index and 1/3 Credit Suisse Leveraged Loan Index
  • Minimum Average Quality: BB
  • Minimum Security Rating: B/CCC
  • Minimum Issue Size: $150 million in original issuance
  • Investment Grade Securities: 25% Maximum
  • Maximum Cash: 5%
  • Annual Turnover: Typically 15%-30%

HIGH YIELD ESG

pri-logo
  • Number of Issuers: 60-90
  • Benchmark: ICE BofAML BB-B U.S. Cash Pay High Yield Constrained Index
  • Minimum Average Quality: B2
  • Minimum Security Rating: B/CCC
  • Minimum Industry Allocation: 30%
  • Minimum Issue Size: $150 million in original issuance
  • Investment Grade Securities: 25% Maximum
  • Maximum Cash: 5%
  • Emerging Markets: Maximum 25%
View publications & news

ESG

We believe engaging in responsible investment practices will positively impact corporate sustainability while enhancing risk-adjusted performance. Our dual-pronged approach includes both positive and negative screening, incorporating elements of environmental, social and governance (ESG) investing and socially responsible investing (SRI).

Positive Screens
Focus on companies that are industry leaders in ESG disclosure, possess higher ESG scores and show propensity to improve ESG profile
Negative Screens
Select credits are eliminated or substituted to enhance the positive impact of the portfolio while maintaining key investment themes
Industry Considerations
Certain industries require special consideration given their size in the market and/or their socioeconomic importance

ARISTOTLE CREDIT TEAM

Investment Team
  • Investment Team
  • Shared Services

Douglas Lopez, CFA

Principal, Portfolio Manager

Aristotle Credit

Terence Reidt, CFA

Principal, Portfolio Manager

Aristotle Credit

Hollis Clifford

Senior Fixed Income Trader

Aristotle Credit

Kurt Klimenko, CFA

Senior Credit Analyst

Aristotle Credit

Partha P. Bose, FRM, CAIA

Credit Analyst

Aristotle Credit

Lauren Caston, PhD, CFA

Quantitative Research Analyst

Aristotle Credit

Brandon K. Lopez, CFA

Client Portfolio Manager

Aristotle Credit

Brent Dellinger, CFA

Credit Research Consultant

Aristotle Credit

Shared service functions are conducted by business departments which support all Aristotle investment teams.

Steve Borowski

President

Institutional Services

Richard H. Schweitzer, CFA

Chief Financial Officer
Chief Operating Officer

Finance & Operations

Ranjit S. Sufi

Managing Director

Institutional Services

Patrick M. Schussman, CFA, CIMA, AIF

Managing Director

Advisory Distribution

James C. Reed, CFA

Managing Director

Private Client Group

Donn B. Conner, CFA

Managing Director

Private Client Group

James P. Birdwell, Jr.

Managing Director

Private Client Group

Nancy Scarlett

Chief Risk Officer

Risk Management

Michelle M. Gosom

Chief Compliance Officer

Compliance

Andrea M. Denisevich

Chief Compliance Officer

Compliance

Robert R. Womack, Jr.

Managing Director

Corporate Administration

Andrew M. Shapiro

Director of Trading

Trading

Randy Yi

Director of Trading

Trading

Geneviève Plourde, CFA

Senior Vice President

Marketing Communications

Hazael Meza

Senior Vice President

Business Solutions

Sona Chandwani, CPA

Senior Vice President

Finance

PUBLICATION & NEWS

June 30, 2016

ESG Integration in
High Yield Portfolios

White Paper
Aristotle Credit
  • COMMENTARY
    • HIGH YIELD
    • INVESTMENT GRADE CORPORATE
    • STRATEGIC CREDIT
  • NEWS
  • PRESS RELEASE
  • WHITE PAPER
  • ESG Spotlight
  • FACT SHEET
    • HIGH YIELD
      • INSTITUTIONAL
      • SMA
      • BROAD ESG
      • FAITH BASED
    • SHORT DURATION HIGH YIELD
      • INSTITUTIONAL
      • SMA
    • INVESTMENT GRADE CORPORATE
      • IGC
      • Intermediate
    • STRATEGIC CREDIT

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COMMITMENT TO COMMUNITY

At Aristotle, we are committed to active participation in our communities both locally and internationally. We partner with a number of outstanding organizations and nonprofits that advance health, education, the arts and human services not only to support their valuable missions but also to enrich our own lives through teamwork and continuous learning. From walking to support St. Jude to mentoring youth to volunteering in neighborhoods in great economic need, Aristotle strives to make a meaningful difference in our communities.

Each Holiday Season, Aristotle makes a monetary donation on behalf of our clients to a charity determined by our employees. In the past, our contributions have included Disabled American Veterans and the Intrepid Fallen Heroes Fund.

Texas American Red Cross Logo

American Red Cross

In 2017, Aristotle contributed to the American Red Cross on behalf of our clients in support of relief efforts following the devastation of Hurricane Harvey. The funds will be distributed to help rescue, shelter, feed and heal the impacted communities in Texas.