We take a proactive, event-driven approach to distressed debt investments with a dynamic credit hedge and differentiated liquidity profiles. Our core competency is purchasing distressed securities and aggressively restructuring and transforming corporate and sovereign credits that are located in emerging markets.

A macro emerging market hedge is utilized by the portfolio, and this short side of the portfolio is adjusted dependent on market conditions.

We seek to align the time horizon of our investors with the duration of our assets to optimize the Fund’s asset-liability management for the benefit of all investors.

Our funds invest in US dollar-denominated, global capital market issuances of performing and non-performing stressed and distressed companies/countries in emerging markets. A typical holding period can range from 12-18 months in a more liquid fund to 12-36 months in a less liquid fund. However, in today’s dislocated markets there are opportunities in reasonably liquid securities trading at distressed levels with potential for rapid appreciation with shorter holding periods (3-12 months). Our funds target strong returns, low correlation to traditional asset classes, and very favorable risk/reward metrics (Sharpe Ratio).

Managed Accounts are available