Palmer Square Europe provides investment management services to collateralized loan obligation (CLO) issuers and related investment vehicles. These clients focus on corporate credit and structured credit. Palmer Square's advice is generally limited to investments in assets like loans and bonds. Palmer Square expects to advise additional clients employing similar investment strategies.
Palmer Square Europe manages investments for CLOs and related warehouses, receiving fees as compensation. These fees include senior and subordinate collateral management fees, as well as incentive fees based on performance. Warehouse clients pay management, structuring, and success fees. The specific fees and expenses vary from client to client and are detailed in the relevant CLO documents.