This Legendary Asset Manager Now Allows ETF Investors To Leverage Their Experience

Part of our business model here at AAM is partnering with institutional boutique asset managers that are very good at what they do. That is no different than what we have here with Crescent Capital. Crescent has, I believe, around $48 billion in assets under management. They focus on credit strategies, and in fact, they issued the first CLO back in 1993.

We have a portfolio manager that is very well known in the space, not only on the issuer side, but on the manager side as well. We're bringing that to market. One of the true differentiating aspects of CLOC is that in the world of CLO ETFs, they're generally either going to be AAA products or B products.

What we are doing with CLOC, and what Crescent is doing as the subadvisor, is truly allowing investors to get the full spectrum of investment grade CLOs. That's something that I think is going to be a real differentiating factor of CLOC versus the other 15 or 20 CLO ETFs that are in the marketplace.