NEW YORK (JULY 16, 2020) – Mariner Investment Group, LLC  (“Mariner”), the global alternative investment manager, announced today that it has completed the management buyback by Curtis Arledge, Mariner Chairman and CEO, William Michaelcheck, Mariner Founder, Partner and Co-Chief Investment Officer and other senior members of the firm from ORIX Corporation USA (“ORIX USA”). As an independent company, Mariner is 100 percent employee-owned and will continue to provide its investors with fixed income relative value and credit strategy offerings.

“This is a significant milestone for our company and presents an exciting opportunity to build on our longstanding success as an investment manager,” said Arledge. “As a 100 percent employee-owned company we will have the flexibility to continue to capitalize on the evolving investment landscape for our clients.”

The transaction was originally announced in April 2020.