Dagmara Michalczuk

Dagmara Michalczuk, co-chief investment officer at Tetragon Credit Partners, specializes in the high-risk CLO market. She discusses expectations for collateralized loan obligation equity to yield up to 15% this year, emphasizing the benefits of diversification and leveraging financial engineering. Dagmara highlights risks related to loan defaults and liability-management exercises, as well as the shifting investment dynamics between U.S. and European CLOs. Her insights underscore the growing interest in this asset class amidst economic uncertainties.

Dagmara Michalczuk, Co-CIO at Tetragon Credit Partners and expert in credit markets, dives into vital lessons from the bankruptcies of First Brands and Tricolor. She emphasizes the significance of governance in credit investing and highlights the risks of dealing with non-transparent firms. Michalczuk shares insights on the slow macroeconomic growth outlook and the critical role of AI in credit analysis. She warns about potential disruptions in various sectors and stresses the need for vigilant underwriting quality in a competitive landscape.