CBAM Partners, an Eldridge business, is an alternative investment management firm and SEC-registered investment adviser founded in 2016 by Don Young, Mike Damaso, and Jay Garrett.

With over $13.1 billion of AUM, CBAM specializes in opportunities across the credit spectrum for institutional clients through separately managed accounts, CLOs and private funds.

Don Young, Partner

Don has 27 years of experience managing CLOs and hedge funds. Most recently, he managed the Performing Credit business for Och-Ziff which included $7.5B of CLOs. Prior to joining Och-Ziff, Mr. Young was a Senior Portfolio Manager at Octagon Credit Investors. Earlier, he was a Senior Portfolio Manager at Primus Asset Management, Inc. Prior to that, he was a Principal at Octagon Credit Investors as well as Senior Vice President at Bank of the West.

Mike Damaso, Partner

Mike has 21 years of corporate credit management experience. Prior to CBAM, Mr. Damaso spent 13 years at Guggenheim Investments where he was a Senior Managing Director, Portfolio Manager and Chairman of the Investment Committee overseeing Guggenheim’s corporate credit platform. Prior to Guggenheim, Mr. Damaso worked at JH Whitney & Co and Banc One Capital Markets in a credit research capacity. Mr. Damaso is also Vice Chairman of A24, a film and television production and distribution company conceived in early 2012 and also built in partnership with Eldridge.

Jay Garrett, Managing Director

Jay was formerly a Vice President at MatlinPatterson Asset Management within the Firm’s Senior Credit platform where he assisted in the buildout of leveraged credit investing, including the management of CLOs. Prior to joining MatlinPatterson, Mr. Garrett worked at Ahab Capital Management where he was an investor in the public and private debt and equity markets. Prior to Ahab, Jay was an Associate at Bear Stearns within its CLO management group.

August 26, 2020 – PRNewswire

PRNewswire

CBAM Closes Its Second European CLO at €300 Million

CBAM Closes Second European CLO and Fourteenth Overall Since June 2017

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November 20, 2019 – 11th CLO for CBAM since 2017

11th CLO for CBAM since 2017

CBAM Closes Its Eleventh CLO since 2017 at $498 Million

CBAM closes 3rd CLO of 2019

September 9, 2019 – Creditflux

Creditflux

CBAM makes big hire as it moves into Europe

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July 8, 2019 – Barron's

Barron's

Investors are finally pushing back on corporate debt issuers

Trap doors. Black holes. Restricted payment baskets. These things sound scary, and they are – to buyers of corporate debt.

April 11, 2019 – Creditflux

Creditflux

CBAM makes it ten CLOs in two years

CBAM priced a milestone CLO yesterday with CBAM CLO 2019-10 representing the firms tenth CLO since June 2017

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February 13, 2019 – CBAM closes its ninth CLO since 2017

CBAM closes its ninth CLO since 2017

CBAM’s ninth CLO since 2017 brings total new issuance to $9.0 billion

October 10, 2018 – CBAM closes its fourth CLO in 2018 and eighth since June 2017

CBAM closes its fourth CLO in 2018 and eighth since June 2017

CBAM’s fourth CLO close of 2018

July 12, 2018 – CBAM closes its third CLO of 2018

CBAM closes its third CLO of 2018

CBAM’s third CLO of 2018 brings total new issuance to $2.8 billion for the year

June 15, 2018 – CBAM closes its second CLO of 2018 at $1 billion

CBAM closes its second CLO of 2018 at $1 billion

CBAM’s sixth CLO brings total new issuance since June 2017 to $7.1 billion

March 29, 2018 – CBAM closes its first CLO of 2018 at $1 billion

CBAM closes its first CLO of 2018 at $1 billion

CBAM closes 5th straight billion plus CLO

January 8, 2018 – Creditflux

Creditflux

CBAM tops US CLO rankings after meteoric rise

Just over a year ago, New York-based CBAM Partners commenced operations amid much fanfare.

Read more on Creditflux

December 6, 2017 – CBAM closes $1 billion CLO

CBAM closes $1 billion CLO

Firm’s fourth CLO this year brings 2017 total new issuance to $5.1 billion