Fixed Income
Rated structured credit for institutional fixed income portfolios
Gallantree originates and structures rated notes across ABS, RMBS, and CLO programs, giving institutional investors access to US structured credit through senior, mezzanine, and subordinated tranches. Every program is built on disciplined underwriting, independent credit ratings, and transparent ongoing reporting.
Why Gallantree Fixed Income?
Structured notes built for fixed income mandates
Our ABS and CLO programs are designed from the ground up for institutional fixed income investors. We combine deep origination capability, proprietary credit analytics, and disciplined structuring to produce rated notes with clearly defined risk, predictable cashflows, and robust documentation.
Every program is engineered around long-duration institutional capital: conservative advance rates, meaningful credit enhancement, and active portfolio surveillance across the life of the notes.
Rated across the capital stack
Every Gallantree program is structured with independent credit ratings from senior AAA notes through to subordinated tranches, giving fixed income investors a full range of risk-return profiles to match mandate and duration.
Granular collateral, transparent reporting
Our ABS and CLO trusts are backed by granular, diversified collateral with conservative eligibility and advance rates. Institutional-grade servicer reporting, waterfall disclosures, and pool performance data flow monthly, directly from our platform.
Disciplined structuring, cycle-tested
Structures are stress-tested across credit, prepayment, and macro scenarios. Trigger packages, interest coverage tests, and overcollateralization tests are built to protect senior noteholders and maintain rated credit quality through the cycle.
Our Fixed Income Programs
Access structured credit across ABS and CLOs
Commercial Real Estate
Rated CRE-CLO and private-label CMBS tranches backed by diversified US commercial real estate loans, offering institutional investors structured exposure from senior AAA through to subordinated positions.
Home Loans
Non-agency RMBS tranches backed by non-QM, jumbo prime, investor DSCR, and second-lien / HELOC pools, providing rated exposure to housing credit beyond the agency mandate.
Middle-Market Corporate Loans
Rated CLO tranches backed by diversified pools of US middle-market corporate loans, providing fixed income investors with access to private corporate credit in a structured, rated format.
Equipment Finance
Rated equipment ABS backed by loans and leases across transportation, construction, agriculture, industrial, medical, and technology collateral.
Auto Loans
Rated auto ABS backed by prime, near-prime, subprime, and specialty auto loan and lease collateral, including retail, lease, EV, and commercial fleet programs.
Esoteric Assets
Bespoke rated notes backed by solar and renewables, whole-business, franchise royalties, aviation, container, timeshare, structured settlements, and IP royalty collateral.
Fixed Income Programs Backed by Deep Expertise
Programs designed for institutional fixed income
Program
Overview
Vehicle
Gallantree CRE CLO
CRE CLO
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Rated tranches backed by diversified US commercial real estate loans.
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Capital structure from AAA senior notes through to equity, with independent credit ratings.
Gallantree Home Loan RMBS
HOME RMBS
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Non-agency RMBS backed by non-QM, jumbo prime, DSCR investor, and second-lien / HELOC pools.
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Third-party due diligence coordination with rep-and-warranty framework and servicer oversight.
Corporate Credit CLO
CC CLO
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Diversified exposure to US middle-market corporate loans in a rated CLO format.
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Rated note tranches with institutional structuring and active collateral monitoring.
Gallantree Equipment ABS
EQ ABS
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Rated equipment ABS across transportation, construction, agriculture, and industrial collateral.
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Residual-value analytics, obsolescence tracking, and vintage-level concentration monitoring.
Gallantree Auto ABS
AUTO ABS
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Rated auto ABS across prime, near-prime, and subprime retail, lease, EV, and fleet programs.
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FICO / LTV / seasoning stratification, servicer oversight, and dynamic pool monitoring.
Gallantree Esoteric ABS
ESO ABS
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Bespoke rated notes backed by solar, whole-business, franchise, aviation, container, and IP collateral.
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Custom cash-flow modeling, stress testing, and rating-agency methodology alignment.
Capital Markets
Primary issuance, trade, and settlement through one platform
The Gallantree Platform supports the full capital markets lifecycle for our programs. Primary issuance, secondary trade execution, settlement, and post-trade reporting all run through an integrated investor-facing interface, giving institutional fixed income clients a direct line from allocation through to cashflow.
Primary Issuance
Launch rated notes with investor allocations, subscription agreements, and closing coordination managed end-to-end in the platform.
Secondary Trade Execution
Bilateral and matched trade execution with built-in pricing, confirmation workflows, and institutional counterparty support.
Settlement
Automated settlement instructions and reconciliation across custodians, paying agents, and trustee operations.
Post-Trade Reporting
Holdings, cashflows, coverage tests, and waterfall distributions delivered through a live investor portal and scheduled reports.
Insights & Research
Perspectives on US structured credit
Why the US
The world's deepest, most institutional structured credit market
For allocators sizing an institutional structured-credit book, the US market offers unmatched depth and standardization: four decades of CLO and CMBS methodology, dozens of trustees and administrators, and a rated-issuance ecosystem that has run continuously through multiple credit cycles.
US$14T+
US securitized products outstanding
US$1.05T
US CLO market outstanding
US$40T+
US retirement capital pool
40+ yrs
Continuous US CLO and CMBS issuance history
Deep regulatory framework
SEC oversight of securities offerings and FINRA-regulated broker-dealers, with rated issuance running under standards refined over four decades. Gallantree Securities LLC is a FINRA / SIPC member broker-dealer and Gallantree Advisors LLC is an SEC-registered investment adviser. US legal precedent, indenture standardization, and Delaware trust law provide the operating baseline that global institutional investors already underwrite against.
Institutional CRE credit at scale
US CMBS has been running for over thirty years, with mature master- and special-servicer infrastructure and standardized property-level reporting. The mid-tier bank pull post-2023 has expanded the addressable CRE credit distribution market by hundreds of billions of dollars.
Private credit inflection
US private credit AUM has grown from ~US$0.4T in 2018 to ~US$1.7T today, projected past US$2.8T by 2028. The allocator base for the tranches we issue is deeper than at any point in the history of the asset class.
Standardized CLO and ABS market
US CLOs have been issued continuously since the 1990s. Moody's, S&P, Fitch, and KBRA all maintain deep methodology teams; a well-prepared US CLO can move from filing to rating in under twelve weeks. Programs price into competitive tension across every tranche in the stack.
Get in Touch
Talk to our fixed income team
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