Focused Strategy

Long-term, private equity style investing in liquid credit-based investments in performing and stressed/distressed leveraged loans and corporate bonds.


Broad Expertise

Principals have extensive experience as investors across credit cycles, asset classes, and geographies.


Accomplished Team

Principals have over 60 years of direct industry experience and a long history of investing together through numerous economic cycles since 1986.


Differentiated Approach

Portfolio is comprised of securities offered at either price or yield discounts to our analysis of intrinsic value.


Private Equity Style

Investment philosophy is highly influenced by the firm's private equity "ownership" background.


Flexibility

Highly liquid portfolio and deep experience with multiple asset classes enables us to quickly adjust the portfolio composition to benefit from volatile markets and forced sellers.