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Alternative Assets  + Private Debt  |  February 25, 2025
New Credit Shop Reckoner Launches with RedBird Backing 
Joe Palmisano
By: Joe Palmisano

New Credit Shop Reckoner Launches with RedBird Backing 

Reckoner Capital Management has announced its launch as a global alternative credit asset manager backed by private investment firm RedBird Capital Partners 

Based in New York City and led by co-founder and CEO John Kim, Reckoner aims to offer customized credit investment solutions across both liquid and illiquid investment-grade fixed income and structured products. The firm will cater to institutional and retail clients. 

“Alternative credit’s enhanced liquidity, transparency, and performance over cycles make it an attractive asset allocation, and we have the knowledge and robust industry network to source and execute transactions to maximize value,” said Kim. 

Reckoner Capital Management was co-founded by John Kim, Ricky Li, Timothy Wickstrom, and Jamie Kim, who all previously worked together at Panagram Structured Asset Management. Panagram manages approximately $14.1 billion in assets and specializes in collateralized loan obligations, asset-backed securities, and commercial real estate. 

RedBird Capital Partners, which currently manages $10 billion in assets, has joined as a strategic investor. 

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Reckoner Capital ManagementRedBird Capital Partners

About Joe Palmisano

Joe Palmisano is editorial director of Connect Money, where he oversees daily coverage of alternative assets, direct investments, financial advisory and the economy. He brings three decades of experience as a financial journalist, analyst and portfolio manager. Before joining Connect Money, Palmisano wrote for The Wall Street Journal, covering foreign exchange, global fixed-income and equity markets. He later served as a senior research analyst and portfolio manager, producing market analysis and managing foreign exchange and U.S. equity portfolios for FX Concepts. His work has also appeared in SFO Magazine and CMT Association publications. Palmisano earned a bachelor’s degree in finance from The American University and holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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