Shenkman drawdown vehicle raises $325m
Shenkman Capital Management closed its inaugural drawdown vehicle with over $325 million with an aim to invest in opportunities across the corporate credit spectrum.
Shenkman CIO Justin Slatky (provided)
The Shenkman Tactical Credit Fund employs a value-oriented strategy in order to generate equity-like returns through predictable income and capital appreciation by investing in underfollowed, mispriced securities, industry dislocations and restructurings within the corporate credit sphere. The drawdown structure allows Shenkman to capitalize on episodic volatility as well as investing over longer time horizons over the course of the credit cycle, all while offering downside protection . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.
