NEW YORK, May 28, 2013 /PRNewswire/ -- Credit Suisse's Asset Management business today announced that it was named "CLO Manager of the Year" at Creditflux's 2013 CLO Manager Awards.
"We are pleased to receive this important industry recognition," said John Popp, Head of Credit Suisse's Credit Investments Group. "This award reflects our continued commitment to clients and underscores the breadth of our expertise in the CLO space," said Bob Jain, Head of Credit Suisse Alternative Investments.
This is the third year Credit Suisse's Asset Management business has received accolades from Creditflux, garnering awards for "Best seasoned US CLO" for Atrium CDO in 2012 and "Best 2005 US CLO" for Madison Park Funding I in 2011. For 2013, in addition to "CLO Manager of the Year," Asset Management was nominated in 5 of the other 15 categories and received the award for "Best called CLO" for CSAM Funding I.
The Credit Investments Group manages bank loan, high yield bond and opportunistic credit portfolios. With substantial scale and an extensive network of local teams in New York and London, the Group offers a broad suite of solutions across the risk/return spectrum to meet a variety of client needs.
Credit Suisse AG
Credit Suisse AG is one of the world's leading financial services providers and is part of the Credit Suisse group of companies (referred to here as 'Credit Suisse'). As an integrated bank, Credit Suisse is able to offer clients its expertise in the areas of private banking, investment banking and asset management from a single source. Credit Suisse provides specialist advisory services, comprehensive solutions and innovative products to companies, institutional clients and high net worth private clients worldwide, and also to retail clients in Switzerland. Credit Suisse is headquartered in Zurich and operates in over 50 countries worldwide. The group employs approximately 46,900 people. The registered shares (CSGN) of Credit Suisse's parent company, Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at www.credit-suisse.com.
SOURCE Credit Suisse AG