Michael Htun is Head of CLOs and Structured Credit at Kartesia, where he leads the firm’s structured credit strategy and oversees all activity across the CLO platform. He brings extensive buy-side and sell-side experience, having held senior positions across trading, portfolio management, structuring, and credit analysis.

Before joining Kartesia, Michael served as Head of European CLO Trading at BNP Paribas, where he managed a four-person trading desk responsible for market making across the CLO capital structure. Under his leadership, the desk delivered its strongest annual performance on record in 2023. Before that, he was a Portfolio Manager at Cairn Capital, overseeing all CLO tranche investments across special opportunities and UCITS strategies and successfully steering the portfolios through the volatility of the
COVID-19 period to generate robust returns.

Michael’s earlier roles include Vice President positions at NatWest Markets (CLO structuring) and RBC Capital Markets (ABS & CLO trading), as well as positions at Fitch Ratings and Halcyon Capital Management, where he gained foundational expertise in CLO structuring and credit analysis. He is an active contributor to industry dialogue. Michael regularly speaks at leading conferences, including the Opal European CLO Summit, DB Leveraged Finance Conference, S&P European Structured Finance Conference, and the FIS Buy Side Innovation Summit. He also publishes a monthly CLO market update shared widely across the industry.

Michael holds a BSc in Economics, Finance & Management (2:1 honours) and an MSc in Mathematical Trading & Finance (Distinction). Driven by a passion for innovation and strategic thinking, Michael joined Kartesia for its strong market reputation, award-winning performance, and its culture that empowers entrepreneurial initiative. He is proud to contribute to the firm’s continued growth and to help shape Kartesia’s expanding presence in the structured credit space.