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SCI Magazine Summer 2018

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The <strong>SCI</strong> Interview<br />

Hip<br />

to be Square<br />

Chris Long, president and portfolio manager at<br />

Palmer Square Capital Management, discusses his<br />

firm and the credit markets it operates in<br />

Q: What is Palmer Square’s focus?<br />

A: At Palmer Square, we are focused on<br />

exploiting opportunities and finding relative<br />

value across corporate credit and structured<br />

credit. On the structured credit side, we spend<br />

a lot of time on CLOs, where we are both a<br />

manager and an investor. We also invest significantly<br />

in other types of ABS and MBS.<br />

I started the firm in June 2009, so we are<br />

already approaching our ninth birthday.<br />

Starting a business like Palmer Square from<br />

scratch, particularly coming out of the depths<br />

of the financial crisis, was a huge challenge but<br />

also a fantastic opportunity. At that point, we<br />

believed that credit was going to play a huge<br />

www.structuredcreditinvestor.com<br />

<strong>SCI</strong> <strong>Magazine</strong> | <strong>Summer</strong> <strong>2018</strong><br />

05

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