Canaras Capital Management LLC (Canaras) is an SEC-registered investment adviser that began operations in September 2006. Canaras is an asset manager focusing on bank loans and alternative credit investments, particularly in the form of CLOs, credit opportunity funds, and other structured vehicles. Anthony Clemente, CEO and portfolio manager, founded Canaras in September 2006. Before forming Canaras, Mr. Clemente was a global partner and head of INVESCO's bank loan and CDO business, which he joined in 1998. He has more than 24 years of experience in leveraged loans and portfolio management. Canaras consists of 10 professionals organized into four teams: research, operations, technology, and compliance. Seven of the 10 professionals previously worked together at INVESCO. In May 2007, Canaras closed its first synthetic loan fund, Adirondack Green Island Ltd., as a total return swap.


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