Providing 36 years of Investing Experience
Our Philosophy
Cottonwood Capital Group takes a flexible approach to investing in credit instruments with a focus on generating relatively attractive risk adjusted returns over an economic cycle. The fund has the flexibility to invest in a variety of credit markets, both public and private, with an emphasis on high yield bonds and leveraged loans. The team employs a disciplined approach to credit research with more than 36 years of combined investing experience in performing and non-performing credits across capital structures, sectors, and instrument types.
Our Investment Process
The non-investment grade investible universe is inefficient and inconsistently followed.
Cottonwood Capital Group seeks to capitalize on information asymmetry, complexity, and technical issues that are not well followed or understood. Our goal is to identify mispriced securities and determine the reason for the off-market sentiment with the goal of investing opportunistically in the optimal part of the capital structure.
The foundation for all our investments begins with a disciplined bottom-up, business analysis and research process. We focus on finding businesses with strong leadership, attractive industry life cycle and competitive positioning, sustainable free cash flows, and defensible business models. After identifying the best opportunities, we use relative value analysis to buy investments with mandate of creating a diversified portfolio of instruments with varying sectors, strategies, and maturities.
Chad Gunther
Chad Gunther is a founding member of the Cottonwood Capital Group team. Prior to forming Cottonwood, Mr. Gunther was a Senior Portfolio Manager at Waddell & Reed, a multibillion-dollar asset manager where he was responsible for the management of the Ivy High Income fund (IVHIX), the Waddell & Reed High Income fund (UNHIX) and the Ivy High Income Opportunities close-end fund (IVH). Mr. Gunther has over 30 years of investment experience and earned a B.S. in Business Administration with a concentration in Economics from the University of Kansas and MBA from the John M. Olin School of Business at Washington University, St. Louis.
FOUNDER | MANAGING PARTNER
“Quote or testimonial from a respected author or client. Quote or testimonial from a respected author or client.” ~Author Name
Anne E. Brundige
Anne Brundige is a founding member of the Cottonwood Capital Group team. She is a co-portfolio manager on the funds and a specialist in the research process and design. Prior to forming Cottonwood, Anne worked on the Ivy Investments team as a senior research analyst and client portfolio manager. Previously, Anne worked on corporate recovery and financial analysis teams at PWC and Ernst & Young. She has over 20 years of investment experience and holds an MBA from The University of Chicago Booth School of Business and a degree in Accountancy from the Farmer School of Business at Miami University.
MANAGING PARTNER
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We focus on Risk-Adjusted Returns
Idea Generation +
Quantitative Research +
Ongoing
Monitoring +
Sell Discipline +
Qualitative Research +
Portfolio Construction & Hedging +
Risk
Management +
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