Opportunistic approach to capital structure

We seek to identify specific liquid securities that are mispriced based on fundamental, technical or structural characteristics.

Capitalize on investment opportunities

We use a combination of fundamental research with a focus on well-defined catalysts.

Identify catalysts or events

We help realign relative price discrepancies within the capital structure.

Realize downside convexity using a multi-asset class framework

We invest in listed options, convertibles, and high-yield bonds, with the goal of creating positions with asymmetric pay-offs.

Preservation of capital

We seek to maintain a well-diversified portfolio where liquidity, risk, and exposure to market factors are minimized.