Goldentree Asset Management LP
GoldenTree Asset Management LP is a global asset management firm headquartered in New York, NY. Founded in 2000, the firm manages investments across global credit markets, with a focus that includes high yield bonds, leveraged loans, distressed assets, structured products, and other credit-based strategies. The firm primarily serves institutional investors such as pension funds, insurance companies, sovereign wealth funds, and endowments and has grown to an employee base of over 300 professionals.
Investment Strategy
GoldenTree employs a fundamental, value-driven investment approach focused on global credit markets. The firm specializes in identifying undervalued credit opportunities, including high yield bonds, leveraged loans, distressed debt, direct lending, structured products, and emerging markets credit. The investment process combines rigorous fundamental analysis, active portfolio management, and risk controls tailored to navigating complex and often illiquid areas of the credit spectrum. GoldenTree is known for deep research, opportunistic capital allocation, and a focus on both capital preservation and attractive risk-adjusted returns for its clients.
Top Holdings
Equity Positions (25)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BHC | BAUSCH HEALTH COS INC | 22.01% | $227.8M | 34,254,889 | $9.69 | $6.66 | +$32.4M |
M MGM | MGM RESORTS INTERNATIONAL | 17.94% | $185.8M | 5,402,092 | $30.45 | $34.39 | +$53.1M |
N NCLH | NORWEGIAN CRUISE LINE HLDG L | 7.81% | $80.9M | 3,997,792 | $20.86 | $20.28 | +$19.9M |
P PRKS | UNITED PARKS & RESORTS INC | 5.53% | $57.3M | 1,217,470 | $51.42 | $47.15 | -$3.3M |
V VSCO | VICTORIAS SECRET AND CO | 5.34% | $55.2M | 2,989,087 | $18.55 | $18.52 | +$23.0M |