LONDON, 7 November 2019 – Spire Partners (“Spire”) won the inaugural CLO Manager of the Year award at the Alt Credit Fund Intelligence European Performance Awards dinner held yesterday evening. In addition, the Spire Partners Credit Master Fund ICAV was highly commended in the Multi-strategy credit fund category.
The Alt Credit European Awards aim to recognise those firms outperforming their peers in the broad credit and debt asset classes. The judging panel included leading institutional and private investors and investment consultants. The entries were judged on both quantitative and qualitative factors. More information on the methodology of the awards can be found on Alt Credit Fund Intelligence’s website (www.altcredit.global).
Commenting on the award, Phil Bennett-Britton, Partner and Portfolio Manager, said “We are delighted to receive this inaugural award that recognises the consistent top quartile performance delivered across our CLO funds. We remain grateful to our investors, partners and other market counterparties for their continued support.”
Spire was one of three managers to be shortlisted for the award due to the strong performance of its existing CLOs.
Earlier this year, Spire was awarded CLO Manager of the Year, Europe by both Creditflux and GlobalCapital.