Chatham Asset Management
Chatham Asset Management is a private, employee-owned investment firm founded in 2003 that manages leveraged credit strategies — high yield bonds, leveraged loans, and CLOs — for institutional investors in North America.
- Company typePrivate
- Founded2003
- HeadquartersChatham, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Chatham Asset Management does
Chatham Asset Management is a private investment firm founded in 2003 by Anthony Melchiorre and headquartered in Chatham, New Jersey, with an additional office in Chicago, Illinois. The firm operates as a SEC-registered investment advisor and is structured as a 100% employee-owned LLC, with significant personal investments from principals. Chatham specializes in the leveraged credit market, deploying capital across high yield bonds, leveraged loans, and special situations opportunities on behalf of institutional investors in North America.
The firm's product platform consists of two complementary, value-oriented strategies. The High Yield Strategy is a long/short, opportunistic credit approach that relies on fundamental credit research, bottom-up company analysis, and critical bond indenture and covenant analysis to exploit dislocation between asset prices and intrinsic values. The Strategic Capital Strategy is a private debt strategy targeting illiquidity premiums across capital structures. Chatham also operates as a CLO manager; total CLO assets under management reached approximately $1.2 billion following the April 2026 closing of its third CLO transaction (CTM CLO 2026-3, $408 million), with Wells Fargo Securities acting as sole bookrunner.
The business model is built on recurring asset management fees on assets under management, supplemented by structuring and arrangement fees tied to CLO issuances. Distribution is sales-led and institutional-only, executed through direct engagement with pension funds, endowments, family offices, and other allocators via a relationship-based mandate model. The firm reports 22 years of operating history through multiple credit cycles and approximately 150+ years of combined team experience in high yield and levered credit; key personnel include founder Anthony Melchiorre, a chief investment officer, and chief operating officer James Ruggerio.
Chatham Asset Management firmographics
Firmographics- Name
- Chatham Asset Management
- Legal name
- Chatham Asset Management, LLC
- Website
- https://chathamasset.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Chatham Asset Management is a private, employee-owned investment firm founded in 2003 that manages leveraged credit strategies — high yield bonds, leveraged loans, and CLOs — for institutional investors in North America.
- Ownership category
- akta.pro rank
Chatham Asset Management industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Asset-Backed Securities (6189)
- akta.pro primary industry
- Leveraged Finance & Loan Credit (Loans/Lev Loans/Loan CLOs) (FSAHAGAI)
- akta.pro secondary industries
- Senior Secured Direct Lending (FSANADAA), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)
Keywords
Where Chatham Asset Management is headquartered
LocationHeadquarters
- HQ city
- Chatham
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Chatham Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Chatham Asset Management generates revenue through management fees charged on assets under management, typical of private investment firms in the leveraged credit space. As a CLO manager, the firm also earns structuring and arrangement fees from CLO issuances.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Chatham Asset Management product offering
Product offeringCore offering
Chatham Asset Management is a private investment firm focused on the leveraged credit market. It runs two complementary value-oriented strategies: a long/short High Yield Strategy and a private debt Strategic Capital Strategy, investing across high yield bonds, leveraged loans, and special situations in North America for institutional investors. The firm also manages collateralized loan obligations (CLOs), with approximately $1.2 billion in total CLO assets under management.
Product overview
Chatham Asset Management is a private investment firm offering two complementary, value-oriented investment strategies: the High Yield Strategy (a long/short opportunistic credit strategy) and the Strategic Capital Strategy (a private debt strategy). The firm employs a robust investment process including fundamental credit research, precise position sizing and execution, active portfolio management, and robust risk management to invest across high yield bonds, leveraged loans, and special situations opportunities in North America.
Differentiator
Problem solved
Functional benefit
Products and services
- High Yield Strategy
Companies that use Chatham Asset Management
Customer profileSegments1 record
Ideal customer profiles1 record
Chatham Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Chatham Asset Management partnerships and signals
Strategic signalScale indicators6 records
Recent moves3 records
Expansion highlights4 records
Chatham Asset Management competitors and assessment
Company assessmentDirect peers
- Zais Group: Zais is a global asset manager specializing in CLO management, structured credit, and fixed income, directly comparable to Chatham in leveraging CLO issuance as a core revenue driver.
- CIFC Asset Management: CIFC is a CLO-focused asset manager managing both primary CLO issuance and CLO equity/debt strategies for institutional clients, directly competing with Chatham in the CLO management space.
- Brigade Capital Management: Brigade is a boutique credit manager focused on high yield bonds, leveraged loans, and distressed/special situations. Comparable to Chatham's high yield and special situations strategies with similar institutional mandate focus.
- Aurelius Capital Management: Aurelius is a value-oriented credit manager focused on leveraged and distressed situations across the capital structure. Mirrors Chatham's value-oriented long/short opportunistic credit approach.
- Marathon Asset Management: Marathon is a credit-focused alternative asset manager specializing in leveraged loans, CLOs, and private credit. Like Chatham, it combines CLO management with opportunistic credit strategies for institutional investors.
Emerging players
- Eagle Point Credit Management: Eagle Point is a CLO and credit-focused asset manager managing both CLO funds and listed credit investment products. Overlaps with Chatham's CLO management and high yield credit exposure.
Broad incumbents
- Sixth Street Partners: Sixth Street is a global investment firm with significant private credit and structured credit activities. Comparable to Chatham's leveraged credit and private debt capabilities at broader institutional scale.
- Apollo Global Management: Apollo is a global asset manager with a large private credit and CLO business. Overlaps with Chatham's investment focus on leveraged credit and special situations across the capital structure.
- Oaktree Capital Management: Oaktree is a major global alternative asset manager with a substantial high yield bonds and leveraged loan franchise. Operates in the same leveraged credit space as Chatham at significantly larger scale.
- Pretium Partners: Pretium is a major alternative asset manager with significant private credit and leveraged loan activity. Comparable to Chatham's Strategic Capital private debt strategy addressing illiquidity premiums.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Chatham Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Chatham Asset Management leadership team
Management profileNumber of profiles
Profiles2 records
Chatham Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Chatham Asset Management M&A and investment
M&A and investmentM&A1 record
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Chatham Asset Management
What does Chatham Asset Management do?
Chatham Asset Management is a private investment firm focused on the leveraged credit market. It runs two complementary value-oriented strategies: a long/short High Yield Strategy and a private debt Strategic Capital Strategy, investing across high yield bonds, leveraged loans, and special situations in North America for institutional investors. The firm also manages collateralized loan obligations (CLOs), with approximately $1.2 billion in total CLO assets under management.
Is Chatham Asset Management a public or private company?
Chatham Asset Management is a private company. It is classified as management employee owned and is currently operating.
When was Chatham Asset Management founded?
Chatham Asset Management was founded in 2003. It employs 1 to 10 people.
Where is Chatham Asset Management based?
Chatham Asset Management is headquartered in Chatham, United States, in the North America region.
How does Chatham Asset Management make money?
One revenue line is on record: asset Management Fees.
Who are Chatham Asset Management's main competitors?
Direct peers on record are Zais Group, CIFC Asset Management, Brigade Capital Management, Aurelius Capital Management and Marathon Asset Management. Eagle Point Credit Management is listed as an emerging player. Broad incumbents are Sixth Street Partners, Apollo Global Management, Oaktree Capital Management and Pretium Partners.
Does Chatham Asset Management have an API?
No public API is recorded for Chatham Asset Management.
What industry is Chatham Asset Management in?
Chatham Asset Management's product category is Asset Management. Its primary akta.pro industry code is FSAHAGAI, Leveraged Finance & Loan Credit (Loans/Lev Loans/Loan CLOs), with a secondary code of FSANADAA, Senior Secured Direct Lending. Its NAICS code is 523940 and its SIC code is 6282.