Brigade Capital Management
Brigade Capital Management, founded in 2006, is a New York-based SEC-registered investment adviser and alternative asset manager specializing in multi-strategy credit investments.
Company History
Brigade Capital Management was founded in 2006. Since its inception, the company has positioned itself as a prominent player in the investment management industry. It employs a multi-strategy, multi-asset class approach to investing across the broad credit universe. Over the years, the firm has expanded its reach, establishing offices in New York, London, and Colorado. Registered as an SEC investment adviser and alternative asset manager, Brigade has continued to focus on credit and manage a diverse capital base for institutional investors.
Investment Strategies
Brigade Capital Management employs a multi-strategy approach that includes investing across various asset classes within the credit universe. The firm's investment products aim for long-term asset growth, maintaining a strong focus on capital preservation through all market environments. Brigade utilizes a bottom-up, fundamental credit process to analyze U.S. and international leveraged companies, aligning its investments with comprehensive research. Additionally, the firm practices credit rotation, acknowledging that credit is a cyclical asset class, to optimize portfolio performance.
Locations and Offices
Brigade Capital Management is headquartered in New York, which serves as the central hub for its operations. In expanding its global footprint, the company has also established offices in London and Colorado. These strategic locations enable Brigade to effectively manage its diverse capital base and maintain a closer connection with its institutional investors across different regions.
Research and Investment Teams
The investment and research teams at Brigade Capital Management are structured to provide focused and specialized insights. The firm boasts a cohesive investment team that manages all fundamental strategies. Its credit research team operates in small pods of analysts dedicated to specific sectors, ensuring detailed and in-depth analysis. Furthermore, Brigade has structured credit and distressed teams that handle complex strategies and opportunities, leveraging their expertise to navigate intricate investment landscapes.
Focus on Credit Across Capital Structures
Brigade Capital Management's investment focus includes investing across the capital structures of companies within the high yield universe. This comprehensive approach allows the firm to evaluate and seize opportunities at various levels of a company's financial structure. By implementing a robust, bottom-up fundamental credit process, Brigade aims to deliver strong performance and capitalize on market opportunities among leveraged companies.