
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.
