Financial News

Post Advisory Group Announces New Ownership Structure

Post Advisory Group (“Post”) announced today that it has entered into a definitive agreement with Nexus Capital Management (“Nexus”) and Aranda Principal Strategies (“APS”), a wholly-owned subsidiary of Temasek, under which, Nexus and APS will each acquire a minority ownership stake in Post alongside Post’s senior management team. As part of the transaction, Principal Asset Management® and Nippon Life Insurance Company (“Nippon Life”), will exit their ownership positions.

Under the terms of the transaction, senior Post professionals will roll their existing equity stakes and invest additional capital, resulting in significant employee equity ownership and providing strong alignment between Post’s equity owners and its clients.

In connection with the transaction, Nexus and APS will make substantial investments in Post to further enhance its strong investment capabilities and grow its platform. Specifically, these initiatives are expected to include significant capital commitments to Post’s CLO platform to support continued growth of the strategy, partnering on new product initiatives that build on the firm’s areas of competitive advantage and meet clients’ needs across markets, and reinvesting a significant percentage of Post’s earnings back into the capabilities underpinning its existing strategies and vehicles.

Post, including all employees in their current roles, will continue to operate as an independent investment firm, with no impact on its day-to-day operations, investment process, or clients. Nexus and APS executives will not be involved in the regular operations of Post. Post will also continue in its role as an investment manager for Principal Asset Management and Nippon Life across several strategies.

“This transition marks an exciting new chapter for Post,” said Jeffrey Stroll, Chief Executive Officer and Co-Chief Investment Officer, Post Advisory Group. “Our entire team will be staying in place to ensure consistency in our investment approach and our dedication to delivering strong results for our clients. The new ownership structure, combined with the capital commitments from Nexus and APS, gives us additional resources to develop new capabilities, further enhance our platform, and expand partnerships with global investors seeking credit-related investment solutions that deliver attractive outcomes.”

“We are thrilled to partner with APS and Jeff and the Post team, who we have long known and respected, and invest in a firm with top-tier, broad-based credit investing capability,” said Damian Giangiacomo, Managing Partner, Nexus Capital Management. “Post’s stellar reputation, 30+ year track record serving blue-chip institutional clients around the world and strong, long-tenured, senior investment team make this a compelling opportunity. We look forward to working with APS to support Jeff and his colleagues in Post’s next phase of growth.”

“We are delighted to expand our relationship with Nexus and Post through this transaction, and we are excited about the opportunity to grow the breadth and depth of Post’s offerings that seek to deliver best-in-class investment solutions for clients seeking attractive, consistent income with robust downside protection,” said Nicolas Debetencourt, Chief Executive Officer, Aranda Principal Strategies.

The transaction is expected to be completed in 2025, subject to customary approvals and consents. Nexus’ investment will not utilize any capital from the funds the firm advises on behalf of external investors. Financial terms of the transaction were not disclosed.

About Post Advisory Group

Founded in 1992 and based in Los Angeles, Post Advisory Group is a leading multi-strategy, value-oriented asset manager specializing in high yield bonds, senior loans, and structured credit. Post manages approximately $15 billion of assets on behalf of institutional investors around the world, including corporate and government pension funds, insurance companies, sovereign wealth funds, foundations, and endowments, as well as high-net-worth individuals.

About Nexus Capital Management

Founded in 2013, Nexus is an alternative asset investment management company based in Los Angeles, California with approximately $5 billion of assets under management. Nexus employs a flexible investment mandate that focuses on long-term value creation by partnering with leading management teams in a broad range of companies and industries.

About Aranda Principal Strategies

Aranda Principal Strategies is a credit and hybrid solutions platform based in New York with offices in London and Singapore. Established in 2024, it is a wholly owned subsidiary of Temasek, a global investment company headquartered in Singapore.

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