Palmer Square Capital Management celebrated the 10-year anniversary of its groundbreaking CLO indices, the Palmer Square CLO Senior Debt Index (CLOSE) and the Palmer Square CLO Debt Index (CLODI). These were the first CLO benchmarks distributed globally on a daily basis, introduced on May 29, 2015.
The indices were launched to provide valuable insights and access to a daily performance benchmark for the rapidly expanding CLO asset class. In 2024, Palmer Square expanded its offerings by launching European CLO indices, further demonstrating its leadership in the market.
Currently, nearly 1,000 global subscribers access these indices, and the firm has introduced an ETF (PSQA) in the U.S. and plans a similar product in Europe. This milestone underscores Palmer Square's deep expertise and contribution to the growth and transparency of the global structured credit market.
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