Audax Private Debt Ranks in 1st Quartile in 4 of 6 Categories in J.P. Morgan Private Credit US CLO Manager Analysis

Audax Private Debt ranked in the 1st quartile in 4 of the 6 categories in the recently published J.P. Morgan Private Credit US CLO Manager Analysis, including ranking #1 in both the “Junior Most OC Cushion %” and “Cash Balance %” categories.

#1 in 2 of 6 categories
• #1 Junior Most OC Cushion % – Portfolio Safety
• #1 Lowest Cash Balance % - Efficient Portfolio Management

1st quartile in 4 of 6 categories
• Junior OC Cushion %
• Default %
• Weighted Average Life
• Cash Balance %

The J.P. Morgan Private Credit US CLO Manager Analysis is an independent, private report published by the J.P. Morgan Securities LLC CLO Research team. The data is based on the latest available data as of June 15th, 2023. These rankings should not be considered an endorsement of Audax or its funds by the authors of the rankings. They are not necessarily indicative of Audax’ future performance and does not constitute a solicitation to buy, sell or hold a security or an investment strategy. For access to the full report, please contact J.P. Morgan Research.