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Laxman Pai, Opalesque Asia: Chicago-based hedge fund management firm AIR Asset Management (AIRAM) announced its strategic partnership with Kerberos Capital Management, a boutique alternative asset manager that specializes in direct lending to law firms.
According to a press note from the SEC-registered hedge fund management firm focused on investing in life settlements, annuities, and private credit, the partnership enables it to enhance and further diversify its multi-strategy investment product through adding a legal finance asset allocation focused on law firm lending.
"We are excited to partner with Kerberos to offer investors this highly complementary allocation, which aligns with AIRAM's mission to deliver attractive risk-adjusted returns through resilient, non-correlated investment products," said Stephen Luongo, Chief Investment Officer of AIR Asset Management.
Stephen added: "The loans Kerberos underwrites to law firms provide AIRAM an attractive value proposition, including reliable interest income that not only contributes to overall returns but also supports liquidity and risk management. We look forward to leveraging Kerberos' track record, leadership, and deep expertise in law firm lending to expand our private credit mandate."
The Kerberos investment team is led by Joe Siprut, who was a nationally recognized attorney before founding Kerberos. Kerberos boasts an extensive roster of relationships in the plaintiff's bar and law firm ...................... To view our full article Click here
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