About Muzinich & Co.

We are a global credit specialist across public and private markets.

Our advantage is based on our private ownership and sole focus on credit.

Our private ownership allows us to take a long-term partnership approach with our investors, unconstrained by the short-term thinking that so often dominates finance.

Our focus on credit means our interests are aligned with our investors; our mutual success relies on the quality of our credit analysis and selection.

Public Markets

US$34.8bn

AUM

Private Markets

US$6.4bn

AUM

Our Story

Introducing

Muzinich Global Credit Market Neutral

Challenge With credit spreads tight and upside limited, investors face limited risk/return potential from long-only credit solutions.
Solution A market-neutral approach to credit removes directional exposure and focuses instead on relative mispricings, which aims to generate returns regardless of the direction of credit spreads.

Key Characteristics

Seeks to generate returns not closely correlated to the broader market via non-directional (market neutral) trades.

Tested across very varied market conditions, generating potentially compelling risk-adjusted returns (available on request)

Offers natural carry roughly in line with risk-free rate

Why this strategy?

Stays neutral to broad credit moves.
Focuses on relative value opportunities.

Why Now?

Equities at the highs and credit spreads at the tights.  If there were a time to complement a long-biased approach with some more defensive, it might be now.

An Experienced Team

Photo of Jamie Cane Jamie Cane Co-Lead Portfolio Manager
Photo of Greg Temo Greg Temo Co-Lead Portfolio Manager

Opinions

Insight | October 14, 2025

European high yield: A market built for active investors

Active management can unlock alpha in today’s European high yield market, argues Thomas Samson.

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Opinions

Insight | July 10, 2025

European high yield: Rise of the underdog

As global investors look to add non-US dollar exposure, European high yield stands out as a stable, yield-enhancing alternative, as Thomas Samson and Jamie Cane explain.

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Opinions

Podcast | April 23, 2025

Podcast - Navigating volatility in European high yield

With a new US administration promising big changes, many investors expected 2025 to be eventful. But as the weeks turn into months, the level of uncertainty and potential economic fallout have perhaps been even greater than anticipated.

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Opinions

Insight | October 23, 2024

High yield: The long and the short of it

With good carry but tight spreads, this could be the time for a hedged approach to high yield, argue Jamie Cane and Greg Temo.

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Enhance Your Perspectives on Credit Markets

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Contact Us

For more information about this strategy.

Photo of Hugo Wheeler Hugo Wheeler Country Manager, UK & Ireland hwheeler@muzinich.com
Photo of Lottie Scott-Bowden Lottie Scott-Bowden Associate Director, UK Client Relations lscottbowden@muzinich.com

Muzinich Global Credit Market Neutral - Important Information

FOR PROFESSIONAL CLIENTS  ONLY.

This is a Marketing Communication. 

AUM Data as of September 30, 2025.

"Muzinich & Co.", “Muzinich” and/or the "Firm" referenced herein is defined as Muzinich & Co. Inc. and its affiliates. This material has been produced for information purposes only and as such the views contained herein are not to be taken as investment advice. The Management Company may decide to revoke the arrangements made for marketing of its collective investment undertakings in accordance with the applicable laws at any time. Opinions are as of date of publication and are subject to change without reference or notification to you. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy. The value of investments and the income from them may fall as well as rise and is not guaranteed and investors may not get back the full amount invested. Rates of exchange may cause the value of investments to rise or fall.

Any research on this web page has been obtained and may have been acted on by Muzinich for its own purpose. The results of such research are being made available for information purposes and no assurances are made as to their accuracy. Opinions and statements of financial market trends that are based on market conditions constitute our judgment and this judgment may prove to be wrong. The views and opinions expressed should not be construed as an offer to buy or sell or invitation to engage in any investment activity, they are for information purposes only.

The prices of fixed income securities fluctuate in response to perceptions of the issuer’s creditworthiness and also tend to vary inversely with market interest rates. The value of such securities is likely to decline in times of rising interest rates. Conversely, when rates fall, the value of these investments is likely to rise. Typically, the longer the time to maturity the greater are such variations. A Fund investing in fixed income securities will be subject to credit risk (i.e. the risk that an issuer of securities will be unable or unwilling to pay principal and interest when due, or that the value of a security will suffer because investors believe the issuer is less able or willing to pay).

These materials do not constitute an offer or solicitation to sell or a solicitation of an offer to buy any product or service (nor shall any product or service be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction..

Issued in the European Union by Muzinich & Co. (Ireland) Limited, which is authorized and regulated by the Central Bank of Ireland. Registered in Ireland, Company Registration No. 307511. Registered address: 32 Molesworth Street, Dublin 2, D02 Y512, Ireland. Issued in the United Kingdom by Muzinich & Co. Limited. which is authorized and regulated by the Financial Conduct Authority. Registered in England and Wales No. 3852444. Registered address: 8 Hanover Street, London W1S 1YQ, United Kingdom.

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