Founded in 1985, SHENKMAN CAPITAL is a true pioneer in the high yield market and remains an industry leader today, known globally for the depth of our experience and knowledge. We stand out in our singular focus on below-investment grade assets. We are an SEC-registered investment advisor, headquartered in New York City, with offices in Stamford, Boca Raton, and London. We are independently owned by team members and directors. Being a boutique investment manager allows our firm to be more agile than the industry's financial supermarkets. We consider ourselves portfolio builders, who know the difference between an investment and a trade, and have the judicious mindset of prudent bankers.