Palmer Square Capital Management (PSCM), often referred to as HD Palmer Finance, is an investment management firm specializing in credit strategies. Founded in 2009 by Christopher Long, PSCM focuses on generating attractive risk-adjusted returns through investments in corporate credit markets. They manage assets for a diverse range of institutional clients, including pension funds, endowments, foundations, and family offices. A key characteristic of PSCM’s approach is its bottom-up, fundamental credit analysis. They prioritize understanding the underlying businesses they invest in, conducting thorough due diligence to assess creditworthiness and potential risks. This includes evaluating a company’s financial performance, industry dynamics, management team, and competitive landscape. Their investment process is driven by a team of experienced credit analysts who leverage proprietary research to identify investment opportunities. PSCM’s investment strategies span across various segments of the corporate credit market. This includes high yield bonds, leveraged loans, and structured credit products like collateralized loan obligations (CLOs). They actively manage portfolios, dynamically adjusting asset allocation based on market conditions and relative value opportunities. Their investment philosophy emphasizes preserving capital while seeking consistent, risk-adjusted returns. One of the defining features of PSCM is their expertise in CLOs. They are recognized as a significant player in the CLO market, both as an investor and as a collateral manager. As a collateral manager, PSCM constructs and manages CLO portfolios, selecting and actively managing the underlying loans. Their deep understanding of CLOs allows them to navigate the complexities of this market and identify attractive investment opportunities. The firm’s investment process is structured around a collaborative team approach. Investment decisions are made by a committee comprised of senior investment professionals. This ensures that investment ideas are rigorously debated and analyzed from multiple perspectives. The emphasis on collaboration fosters a culture of intellectual curiosity and continuous improvement. HD Palmer Finance distinguishes itself through its commitment to transparency and client communication. They maintain open and proactive communication with their clients, providing regular updates on portfolio performance, market outlook, and investment strategy. They understand that their clients entrust them with significant responsibilities, and they are dedicated to providing exceptional service and building long-term relationships. In a competitive investment landscape, PSCM has established a reputation for its disciplined investment approach, deep credit expertise, and commitment to client service. Their focus on fundamental credit analysis, active portfolio management, and CLO expertise positions them as a credible and capable investment manager in the corporate credit markets. The firm continues to evolve and adapt to changing market dynamics, striving to deliver attractive risk-adjusted returns for their clients.