Primus Asset Management, Inc.

Primus Asset Management acts as the investment manager for Primus Financial Products, LLC and receives management fees from third party entities for its investment management services.

Primus Asset Management manages 5 investment portfolios covering investment grade and loan assets. The $1.5 billion of assets under management is comprised of $800 million of Collateralized Loan Obligations (CLO) and $700 million of Collateralized Swap Obligations (CSOs).

• Primus Asset Management manages two CLOs. A CLO issues securities backed by a diversified pool of primarily below investment grade rated senior secured loans and bonds of corporations.
• Primus Asset Management manages three investment grade CSOs. A CSO issues securities backed by one or more credit swaps sold against a diversified pool of investment grade corporate and sovereign reference entities.