About

Redding Ridge’s primary business consists of acting as collateral manager for CLO transactions and related warehouse facilities and as holder of CLO Retention interests in both U.S. and Europe.

Strategically positioned with access to significant CLO management and structuring expertise, industry contacts and investor relationships. Supported by top tier credit research, credit risk management, credit trading platform and other corporate / administrative services through various service contracts.

We are situated to maximize the CLO arbitrage opportunity with permanent capital affording Redding Ridge the ability to remain patient and tactical.

Redding Ridge was established and seeded by Apollo Global Management in response to risk retention regulations.

clo management philosophy

Redding Ridge has a strong focus on execution and structuring in addition to consistent portfolio management. We believe this generates the best performance for all investors.

Venn diagram depicting CLO Management Philosophy

Consistent Portfolio Management: Maintain a disciplined investing approach through all markets. We invest on a bottom-up basis, allowing us to build a portfolio of investments in which we have a deep understanding of each individual name.

Execution: Strategic and selective on timing when ramping assets and issuing a deal, aiming to create attractive investment vehicles.

Structuring: Each deal is structured to fit our credit investment style.

Redding Ridge has a strong focus on execution and structuring in addition to portfolio management. We believe this generates the best performance for all investors.

Market Accessibility and Experience

Redding Ridge Asset Management has been formed with key features allowing for successful execution and management of CLOs:

Warehousing

Long-tenor warehousing

Access

Significant access to assets, deal flow, management teams, industry insights and the investment banking community

Experience

CLO Management Experience with a dedicated team of professionals with an average of 15 years of experience in leveraged loans and CLOs

Systems

Access to systems supporting trading & operations, as well as monitoring of CLO compliance tests

Redding Ridge has entered into contracts with Apollo Global Management to provide:

Administrative Services Agreement

Apollo Global Management provides corporate and operational services to Redding Ridge, including human resources, trade operations/settlements, administration, vendor contracts and information technology

Employee Sharing Agreement

Employee arrangements with Apollo Global Management pursuant to which certain key U.S. and European credit professionals are shared

Credit Research Services Agreement

Apollo provides both initial and ongoing credit research and analytics for Collateral Obligations being considered for or held by CLOs managed by Redding Ridge