INVESCO LOAN MANAGER, LLC

Thesis

Invesco Loan Manager, LLC (ILM) is a specialized investment advisory firm established in October 2019, operating as a subsidiary of Invesco Senior Secured Management, Inc. (ISSM) and part of the larger Invesco Ltd. group. ILM's core strategy focuses on managing Collateralized Loan Obligations (CLOs) and warehouse financing facilities, primarily investing in private debt instruments, specifically floating-rate corporate loans. The firm actively manages CLO portfolios, selecting and potentially trading assets over a four-to-five-year period, leveraging expertise in credit selection and its significant presence in the leveraged loan market. ILM utilizes proprietary tools, extensive credit libraries, and decades of sector expertise to aim for total returns and capital preservation. Geographically, operations are primarily US-focused. The firm also incorporates ESG considerations into its investment process for broadly syndicated loans. As of December 31, 2025, ILM managed approximately $17.7 billion in regulatory assets, with other reports indicating $16.1 billion as of March 31, 2025. The broader ISSM platform manages $46 billion in private credit assets.