Performing Credit

Our performing credit strategy invests in sub-investment grade corporate credit.

The strategy focuses on capital preservation by ensuring the repayment of principal and interest on corporate debt. The investment team performs deep research into the financial health, industry dynamics and management quality of individual credit issuers.

We take a rigorous and disciplined relative-value approach to investing in performing credit. Our team routinely evaluates and ranks the portfolio against the broader sub-investment grade universe. Through active trading and continuous monitoring, we identify opportunities that offer superior value compared to the broader market, aiming to consistently outperform.

Our performing credit strategy invests in sub-investment grade corporate credit.

The strategy focuses on capital preservation by ensuring the repayment of principal and interest on corporate debt. The investment team performs deep research into the financial health, industry dynamics and management quality of individual credit issuers.

We take a rigorous and disciplined relative-value approach to investing in performing credit. Our team routinely evaluates and ranks the portfolio against the broader sub-investment grade universe. Through active trading and continuous monitoring, we identify opportunities that offer superior value compared to the broader market, aiming to consistently outperform.

The team

Neil Servis

Founder & Chief Executive Officer

Serj Walia

Chief Investment Officer

Steven Paget

Head of Performing Credit

Michiel Von Saher

Head of Credit Research

Neil founded Serone and continues to actively lead the business day-to-day in his role as Chief Executive Officer.

Prior to Serone, Neil held various senior positions within the investment banking industry, heading both structured credit and CLO groups, leveraging his experience in sourcing, structuring, trading and syndication of transactions.  With over 30 years in the industry, Neil has an extensive global network across all areas of our markets, which we still draw upon today.

Serj is a founding partner and Chief Investment Officer.

Prior to Serone, Serj built up a decade of buy-side experience at KBC Financial Products (KBCFP) in London. As Senior Portfolio Manager he was responsible for a multi-billion dollar CLO/CDO/ABS investments and trading portfolio, one of the largest in Europe. Prior to KBCFP, Serj held senior positions in structured finance and credit derivatives at Standard & Poor’s and Credit Suisse Financial Products.

Steven is Head of Performing Credit.

Before joining Serone, Steven was Portfolio Manager, Head of CLOs at Angelo Gordon.  Prior to that he held roles at PGIM Fixed Income and Bank of America Merrill Lynch.

Michiel is Head of Credit Research.

Prior to Serone, Michiel was a Managing Director at Angelo Gordon, where he led European performing credit research and identified investment opportunities across the region. Michiel was previously a Managing Director and Head of European Credit Research at PGIM Fixed Income, where he was also co-chair of the ESG Committee.