We are focussed on identifying and investing in leveraged, stressed and distressed corporate credit situations, primarily in Europe.
We take a fundamental approach to analysing, investing in, trading, structuring and restructuring complex corporate debt. We aim to generate excess returns by providing liquidity during times of market stress and dislocation.
We offer liquid diversified credit strategies accessible via a commingled fund as well as individual co-investments.
Our competitive advantage resides in:
- our ability to focus on complex and misunderstood situations, particularly those involving smaller issuers with between €250m and €750m of outstanding tradable debt, which are overlooked by the wider market; and
- our extensive experience of analysing and trading distressed and high yield credit, which goes hand-in-hand with our deep relationships with European capital markets groups, trading desks and restructuring advisers.