Scube Fixed Income Tactical Opportunities Fund
Scube FITOF is a close ended long only leveraged Fixed Income fund incorporated as a Cayman Islands Fund. It holds US Dollar debt issued by Indian corporates and targets an IRR of 7% p.a. for a fixed fund tenor of 3 years (+ 1yr extension option). The internal leverage structure reduces uncertainty relating to mark to market movements & margin calls. Investors have visibility on the portfolio (single security <15%) identified through bottoms up fundamental analysis
Tribeca Vanda Asia Credit Fund Founder Class
Tribeca Vanda Asia Credit Fund is a Cayman incorporated Asia focused long short credit hedge fund. It employs both fundamental as also event-based analysis. Focus is on higher yielding credits (5-15% YTM) with overlaid short positions to hedge risks. It seeks to generate attractive risk-adjusted returns, targeting 8-10% per annum. Positions are concentrated (total 20-30 with single position limits of 15%) with Exposure ranges of Long: 50% - 150% / Short: 25% - 75% / Net: -20% - 125%.