Overview
Chatham is an investment adviser with its principal place of business in Chatham, New Jersey.
Chatham was founded and commenced operations in 2003. Anthony Melchiorre is the founder
and principal owner of Chatham. Chatham seeks to primarily invest its assets in high yield
bonds, leveraged loans, credit derivatives, and may also invest long or short in “special situations”
in the crossover, distressed debt and credit derivatives markets. The Firm seeks to exploit
both fundamental and technical inefficiencies in the pricing of leveraged credits across the
capital structure through identification and active trading to generate returns and manage risk.
Chatham manages three credit focused strategies on behalf of its institutional investors,
including the Chatham Asset High Yield Funds (the “Open-end Funds”) and the Chatham Asset
Private Debt and Strategic Capital Funds (the “Closed-end Funds” and collectively with the Open-
end Funds,
the “Chatham Funds”) and certain investor funds (the “Managed Accounts”) for large
institutional investors and serves as a sub-adviser with respect to certain assets of a pooled
investment vehicle (the “Sub-Advised Fund”) sponsored by an unaffiliated investment adviser
(the “Sub-Advised Fund Manager”) pursuant to the terms and conditions of a written Sub-
Advisory Agreement.
Collectively, the C h a t h a m Funds, the Managed Accounts a n d t h e S u b - A d v i s e d F u n d
shall be referred to as a “Client” or the “Clients.” The C h a t h a m Funds are organized as
domestic and offshore partnerships, as well as offshore corporations, the Managed Accounts
are organized as domestic partnerships and the Sub-Advised Fund is organized as a domestic
limited liability company.
As of December 31, 2023, Chatham managed approximately $8.920 billion in regulatory assets
under management on a discretionary basis on behalf of its Clients.