Cqs (us), LLC

CQS (US), LLC is a global multi-strategy asset manager specializing in credit-focused investments. Founded in February 2008, the firm is owned by CQS Management Limited, which is wholly owned by Manulife Investment Management (Europe) Limited. As of June 1, 2024, CQS managed approximately $14 billion in investor capital with over 130 staff globally. The firm's investment professionals have expertise in asset-backed securities, distressed investments, corporate credit, convertible arbitrage, and equities. CQS offers discretionary and non-discretionary investment services to privately offered pooled investment vehicles and acts as a sub-adviser to a registered investment company. The firm tailors its services to meet the specific needs of clients based on legal and regulatory guidelines. CQS manages regulatory assets under management of approximately $3.5 billion on a discretionary basis for 17 accounts. Regarding fees, CQS receives an annual arm's length advisory fee based on agreements with CQS (UK) LLP. The firm may earn management fees based on assets under management and performance for certain funds. Clients also pay other investment expenses such as custodial charges, brokerage fees, and research costs. CQS follows a Code of Ethics that prioritizes clients' interests and prohibits improper disclosure or use of confidential information. The firm reviews client accounts monthly, monitors risks daily, and maintains custody of client assets with qualified custodians. CQS has investment discretion and votes proxies on behalf of clients when delegated. The firm has not experienced financial conditions that would impair its ability to meet contractual commitments to clients.