Signal Peak Capital Management

A credit focused asset management team

ORIX Signal Peak Capital Management logo

Signal Peak Capital Management (SPCM) is a credit focused asset management team of ORIX Advisers, LLC. SPCM manages approximately $4.7 billion in AUM primarily in broadly syndicated loans and structured credit investments across multiple CLO structures and separately managed accounts. The team has completed 25 CLO transactions since 2014.

SPCM has been led by co-heads David Martin and Erik Gunnerson for over 13 years. The team’s 19 investment professionals average approximately 16 years of experience and includes 14 corporate credit analysts as well as trading and structured products professionals.

SPCM takes a conservative approach to portfolio management that seeks to achieve attractive returns through a balance of capital preservation and yield. The team identifies investments with strong credit quality, utilizing rigorous fundamental credit analysis as well as detailed capital structure and relative value modeling. Once invested, SPCM uses a multi-faceted investment surveillance process designed to identify issues and opportunities early.

~$4.7Bin AUM

25CLO transactions completed since 2014

SPCM was formerly the Leveraged Credit team at Mariner Investment Group, LLC. ORIX USA completed the sale of Mariner Investment Group, LLC in July 2020, retaining the Leveraged Credit Team, which was rebranded at ORIX USA as Signal Peak Capital Management.

Data as of June 2024.

Transactions

  • $10 Million

    Construction Loan

    Self-Storage

    Southeast

  • $14 Million

    Bridge Loan

    Self-Storage

    Midwest

  • $10 Million

    Bridge Loan

    Apartment Community

    Florida

  • $35 Million

    Construction Loan

    Multifamily

    Southwest

  • $26.25 Million

    First Mortgage Construction Loan

    Self-Storage

    California

  • $46 Million

    Senior Construction Loan

    Multifamily

    Oregon