Embracing
complexity

Tetragon Credit Partners is a structured credit investing business focused on control CLO equity as well as a broader series of offerings across the CLO capital structure.

At a glance

20+

years experience

$1 billion(1)

of AUM

Invested in

128 CLOs(2)

“We embrace the complexity inherent in CLO investing, from identifying and working with leading loan managers to securing structural enhancements which may support returns and provide protections in times of stress.”

Michael Pang

Co-Chief Investment Officer, Tetragon Credit Partners

Firm highlights

  • Highly experienced investment team
  • Consistent cash generation across varied credit cycles
  • Active focus on CLO structuring and portfolio design
  • Technology-focused analytical and research systems

Our history

In 2005, the principals of Tetragon Credit Partners were part of the founding team of Tetragon Financial Group Limited, a publicly-listed closed-ended investment company which was originally focused on control CLO equity investments.

In 2015, the team launched Tetragon Credit Partners to primarily manage third-party capital and it became one of the asset management businesses of TFG Asset Management, which is the diversified alternative asset management platform of Tetragon Financial Group Limited. The platform has $40 billion in AUM across 9 asset managers(3) and provides Tetragon Credit Partners with operating infrastructure, including experienced functional expertise in credit and structured credit. Tetragon Financial Group is also a key investor in Tetragon Credit Partner products.

Meet our investment team

In the news

As the US CLO market grows, lower quality loans and increased volatility create new challenges

Creditflux, 23 September 2025

As we turn the page on summer, it is natural to pause to consider the road US CLOs have travelled thus far. This being my first column, it also seems apt to reflect on the evolution of the asset class over the past 20 years — not as a sentimental walk down memory lane, but as a prologue for understanding my views of the forces shaping the markets today.

Dagmara Michalczuk, Co-CIO, spoke with David Graubard at CreditSights about navigating the current CLO markets

CreditSights, 24 April, 2025

Dagmara noted the value of carefully constructed portfolios as well as tactical investment timing seeking to capture opportunities that may be created by elevated asset price volatility.

Co-Chief Investment Officer, Dagmara Michalczuk spoke with Hugh Minch for the Octus Radio podcast

Apple Podcasts, 3 June, 2024

They discussed the changes in the CLO market since 2023, the impact of tightening spreads and the evolving investor landscape.

Speak to our team

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