Glendon Capital Management focuses on credit opportunities and special situations arising from market distress. Glendon invests in various instruments, including bank loans, corporate bonds, municipal and sovereign debt, and equity securities. Glendon provides advisory services tailored to each client's investment program. Glendon primarily serves institutional investors through funds and separate accounts.
Glendon Capital Management does not currently have a fee schedule. Fees are generally subject to negotiation. Fees generally consist of a management fee billed quarterly in advance, and performance-based compensation that may take the form of a performance fee billed annually, an incentive allocation or a carried interest distribution.