ZAIS Group Holdings, Inc. (NASDAQ: ZAIS) is a publicly traded holding company conducting substantially all of our operations through our principal operating subsidiary, ZAIS Group, LLC (“ZAIS Group”), an investment advisory and asset management firm focused on specialized credit. ZAIS Group invests across both corporate and mortgage-related structured credit strategies.
Since its inception in 1997, ZAIS Group has built long-term relationships with an international investor base, including public and private pension funds, endowments, foundations, insurance companies, family offices, funds of funds, sovereign wealth funds and investment advisors.
Our Approach to Investing
ZAIS Group's approach to disciplined opportunistic credit investing focuses on investing in cash flowing assets and structures that offer liquidity-complexity premiums. ZAIS Group defines the liquidity-complexity premium of a particular instrument as the increased loss-adjusted yield or return relative to a more liquid, less complex instrument of similar credit risk. ZAIS Group is an active investor across a broad range of product sectors, including securitized credit and related investments. ZAIS Group’s investments have traditionally included CLOs, Non-Agency RMBS, CMBS and other credit opportunities throughout North America and Europe.
ZAIS Group manages complexity with institutional depth of experience and expertise. Based in Red Bank, New Jersey, with an office in London, ZAIS Group employs professionals across investment management, client relations, information technology, analytics, law, compliance, risk management, finance and operations. The investment team at ZAIS Group is led by Christian Zugel, Chairman of ZAIS Group Holdings Inc. and ZAIS Group’s Founder and Chief Investment Officer.
We believe we offer several distinct competitive advantages in the specialized credit space:
1. Significant Investment Experience
ZAIS Group's senior team has, on average, over 20 years(1) of industry experience, covering investment management, fixed income trading, research, investment banking and financial services.
2. Distinguished Investment Track Record Across Multiple Market Cycles
Since inception, ZAIS Group has designed investment portfolios to perform well across a range of macroeconomic scenarios or capitalize on specific market opportunities.
3. Broad Credit Investment Products Platform
ZAIS Group is an active investor across a broad range of product sectors, including securitized credit and related investments. ZAIS Group’s investments have traditionally included CLO, Non-Agency RMBS, CMBS and other credit opportunities throughout North America and Europe.
4. Diverse Client Base and Product Mix
Since our inception in 1997, ZAIS Group has built long-term relationships with an international investor base, including public and private pension funds, endowments, foundations, insurance companies, family offices, funds of funds, sovereign wealth funds and investment advisors. ZAIS Group manages assets using a range of strategies and investment vehicles, including hedge funds, separately managed accounts and structured vehicles.
ZAIS has an established track record of investing through multiple market cycles and believes that its performance across these cycles and the credit spectrum in which it invests is largely attributable to several distinguishing elements of its platform:
ZAIS Group maintains a disciplined approach to credit investing coupled with robust risk mitigation.
Broad Credit Expertise:
ZAIS Group’s proficiency at evaluating every level of the capital structure, in both mortgage and corporate credit assets and related derivative securities, enables us to assess relative value effectively and deploy capital opportunistically in what we view as the most attractive investment opportunities.
ZAIS Group’s significant infrastructure and technical experience allow us to manage various types of investment vehicles, including separate accounts, commingled funds, permanent capital vehicles and structured credit products, depending on the characteristics of the investment opportunity.
(1) As of March 10, 2016. Senior team members include Investment Committee and Management Advisory Committee members.