Saturday, 27 December 2014
Last updated 3 days ago
Oct 23 2013 | 12:34pm ET
London-based Channel Capital Advisors has launched an event-driven high-yield fund targeting annual returns of 10% to 12%.
The fund seeks to identify “mispriced corporate debt where a catalyst will drive price realignment and profit realization” and will invest mainly in liquid bonds, equity and CDS.
The fund is managed by Peter Bakker, former high-yield portfolio manager at Lazard and SGS, and Frits Lieuw-kie-song, former high-yield portfolio manager at LKS and SGS. Channel will provide risk oversight, operational support and initial capital (the amount of which was not disclosed).
“We are both delighted to be back working together at an interesting time in the credit markets,” said Frits, in a statement, “and we are both very excited to bing our strategy to Channel given their track record in corporate credit and the stability of the management platform.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.