Mjx Asset Management LLC

MJX Asset Management LLC, established in November 2003, specializes in providing investment advisory services and acting as a portfolio manager for collateralized loan obligation (CLO) funds. The firm was founded by Hans L. Christensen and Martin Davey, both former portfolio managers at Barclays Bank and Citibank. MJX manages approximately $13.1 billion of assets in the Funds on a discretionary basis. The firm's investment strategy focuses on credit products, primarily loans, and does not provide advice on equity securities. Fees for managing CLO funds typically include a senior management fee, a subordinated management fee, and an incentive fee based on performance. Clients of MJX are primarily institutional investors, including investment advisers, private funds, banks, insurance companies, and other financial institutions. Minimum initial investments for clients range from $100,000 to $250,000, and clients are required to be qualified institutional buyers or accredited investors. MJX acts as a fiduciary and exercises full investment discretion for the Funds. The firm's investment philosophy aims to minimize risks while achieving maximum returns through rigorous credit analysis and continual monitoring of issuer viability. MJX's investment process involves portfolio construction, investment evaluation, relative value analysis, and disciplined monitoring to preserve capital through various business cycles. The firm's brochure also details potential conflicts of interest, brokerage practices, custody arrangements, and voting of client securities.