We are singularly focused on stressed/distressed credit and select event-driven opportunities. Our goal is to manage a highly idiosyncratic portfolio that generates attractive risk-adjusted returns with low beta, while preserving capital.
We seek to understand all factors that could realistically have a material effect on each investment. For the portfolio as a whole, we emphasize structural and legal variables, where we maintain a keen edge. We engage in activism where appropriate to shape the outcome of our investments and to mitigate risk.