ZAIS Group manages approximately $3.949 billion(1) of assets across corporate-credit and mortgage-related specialized credit strategies. ZAIS Group’s investments have traditionally included CLOs, Non-Agency RMBS, CMBS and other credit opportunities throughout North America and Europe.
(1) The total AUM for ZAIS Group, LLC as of June 30, 2016, is approximately $3.949 billion. ZAIS Group’s AUM is primarily comprised of (i) total assets for mark-to-market funds and separately managed accounts; (ii) uncalled capital commitments, if any, for funds that are not in liquidation; and (iii) for issued structured vehicles, all assets being managed calculated per the management fee basis methodology defined in the respective vehicles’ indenture, although in certain circumstances some or all of the referenced management fees may be waived. AUM also includes assets in the warehouse phase for new structured credit vehicles and is based on actual assets managed without reductions for leverage and most other liabilities and includes all assets regardless of whether management fees are being earned.