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Octagon Credit Investors
Octagon Credit Investors, founded by John A. Gehret in 1994, manages roughly $8B in senior secured loans and private credit from New York.
Octagon Credit Investors
Octagon Credit Investors was founded in 1994 by John A. Gehret, who remains a Senior Managing Director and Portfolio Manager. The firm operates as an SEC-registered investment adviser specializing in credit markets, with a particular focus on senior secured loans originated through direct lending and CLO structures. The firm's investment strategy spans liquid credit (including leveraged loans and high-yield bonds), private credit (direct middle-market loans), and structured credit (CLOs and bespoke vehicles). Octagon has deployed capital across sectors such as healthcare services, enterprise software, and fintech, with portfolio companies including Service King Collision Repair Centers and Endo International. Investments are concentrated in North America, with select exposure in Europe. Octagon manages approximately $8 billion in assets (Altss estimate) across institutional accounts, CLOs, and separate accounts. The firm maintains offices in New York, Chicago, and Greenwich, Connecticut. In 2023, Octagon closed its 19th CLO vehicle, Octagon Investment Partners 40, Ltd., a $614 million issuance (per public filings, 2023). A structural differentiator is Octagon's hybrid model: it operates as both a direct lender and a CLO manager, allowing it to source deals across public and private credit markets. The firm's senior secured lending focus provides contractual downside protection absent in unconstrained credit funds.
General information
Firm type
Asset Manager
Year founded
1994
AUM
$5B–$10B (Altss estimate)
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Chicago, IL, United States · Greenwich, CT, United States
Principals
John A. Gehret
Portfolio Manager, Senior Managing Director
David L. Glaser
Co-Chief Investment Officer
Martin J. Dunning
Co-Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Octagon Credit Investors?
Investment decisions are led by Co-Chief Investment Officers David L. Glaser and Martin J. Dunning, along with founder and Portfolio Manager John A. Gehret (per public record). The team applies a consistent underwriting framework across liquid and private credit.
How does Octagon source proprietary deal flow?
Octagon sources deals through its direct lending platform, which originates middle-market senior secured loans, and via CLO origination channels. The firm's dual structure—both a direct lender and CLO manager—gives it access to deal flow across public syndications and private credit markets (per the firm's public filings).
Is Octagon a single family office or a traditional asset manager?
Octagon Credit Investors is structured as an asset manager, not a family office. It manages capital for institutional investors, including pension funds, insurance companies, and endowments, through separately managed accounts and commingled vehicles like CLOs. The firm is registered with the SEC (per public record).
Does Octagon primarily invest through CLOs or direct deals?
Octagon participates in both. The firm manages a series of CLO vehicles—such as Octagon Investment Partners 40—and also originates direct loans to middle-market companies. This hybrid approach gives Octagon a multi-channel deployment model across liquid and private credit (per public filings).
Which sectors does Octagon Credit Investors explicitly focus on?
Octagon's concentration is in senior secured loans across healthcare services, enterprise software, and fintech, among others. The firm does not publicly disclose excluded sectors but its portfolio historically avoids highly cyclical industries like commodities or deep-tech development capital (per public filings).
Where does the underlying wealth come from that Octagon manages?
Octagon is not a family office; its capital comes primarily from institutional allocators. The firm does not manage wealth for a single family or individuals, but rather aggregates capital from pension funds, insurance companies, and other institutional investors (per public record).
Does Octagon maintain a separate philanthropic foundation?
Octagon Credit Investors does not publicly maintain a separate philanthropic foundation. The firm participates in standard corporate philanthropy, including partnerships with local charities in its New York headquarters, but does not operate an independent 501(c)(3) or charitable vehicle (per public record).
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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