History
ECM was established as an independent asset management company in February 1999 by a group of individuals who predicted rapid growth in the European credit market following the advent of the Euro. The European credit market has grown in size and diversity to the point where it now rivals the more established US credit market.
ECM’s original team of five investment professionals each brought significant experience in credit, gained predominantly in an investment banking environment. The investment team has since grown to 40 investment professionals.
ECM launched its first diversified European fixed income product in November 1999, with initial client assets under management of Eur 156 million. ECM now manages around Eur 12 billion on behalf of institutional investors worldwide, across a broad range of European credit products.
In January 2007, Evergreen Investments acquired a majority interest in ECM. ECM has retained its autonomy, brand name and independent investment process.