Loomies, Sayles & Company has appointed Eric Williams as a portfolio manager on its Full Discretion Team, focusing on high yield and bank loan strategies. His appointment is effective May 12, 2025.
Williams joins from Northwen Trust Asset Management, where he was head of capital structure and a senior portfolio manager on the global fixed income team. He led several leveraged credit strategies and oversaw the firm’s actively managed leveraged credit platforms.
The Full Discretion Team manages $79 billion as of March 31, 2025, and takes a deep-value, equity-like approach to credit selection. In 2023, the team consolidated its high-yield and bank loans strategies in response to changes in market structure and asset class overlap.
Williams holds a BA in economics from the University of Colorado and an MBA in finance and economics from the University of Chicago Booth School of Business.
“Eric brings a specific, proven set of skills in high yield and bank loan portfolio construction and management that are highly applicable to the Full Discretion Team’s approach to those asset classes,” said Matt Eagan, head of the Loomis Sayles Full Discretion Team.
As part of the team’s continued alignment, current high-yield portfolio managers Matt Eagen and Peter Sheehan will also take on portfolio management responsibilities for the team’s bank loan strategies, effective May 12.