The Mutual Advantage

Fixed-Income Specialists
Guiding with Confidence Through All Markets

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We are committed to serving the institutional marketplace by offering fixed-income investment solutions with client-focused services.

These solutions are accessible through separate accounts, sub-advisory relationships and various commingled vehicles.

With over $41 billion in assets under management as of July 31, 2025, we are dedicated to creating value through a prudent, thoughtful and rigorous investment decision-making process.

Our Firm & Culture

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Our tailored investment strategies incorporate a unified investment philosophy and process across the fixed income risk spectrum.

Experience, Performance and Stability

31 Investment Specialists & Professionals
36 Year Track Record as an Independent Business
$41.1B Assets Under Management
  • $31.3B Insurance
  • $1.7B Separately Managed Accounts and Pooled Vehicles
  • $8.1B Manager of Managers
As of July 31, 2025

Thought Leadership & Market Insights

Continuation Vehicles and Their Derivations Add Flexibility (And Complexity) in a Stagnant Exit Environment

Continuation Vehicles and Their Derivations Add Flexibility (And Complexity) in a Stagnant Exit Environment

By Trevor Williams | August 21, 2025

Private equity’s (PE) reliance on continuation vehicles has rapidly accelerated over the past several years amid exit market constraints, tight liquidity and investor appetite for more flexible solutions. Traditionally, general par…

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