Mon, Aug 15, 2022
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Ironshield Credit Fund launches on the MontLake UCITS Platform ICAV

Friday, April 03, 2020
Opalesque Industry Update - Ironshield Capital Management LLP and MontLake jointly announced the launch of the Ironshield Credit Fund on the MontLake UCITS Platform.

The Ironshield Credit Fund seeks to achieve high absolute returns by selectively investing in event driven, stressed and distressed European high yield credits. The Fund has the flexibility to invest broadly across the capital structure in addition to across the credit rating spectrum, with the investment team leveraging their experience in credit markets and their proprietary analytical approach to drive alpha generation.

Credit selection is based on in-depth analysis and due diligence of a select group of corporates that the team typically tracks over a multi-year period. The portfolio invests in both long and short, liquid, single name credit positions, utilising actively traded bonds, credit default swaps, and other corporate securities. Ironshield is offering this UCITS product with weekly liquidity.

The fund will be led and managed by the CIO and Managing Partner, David Nazar. David has worked in credit markets for the past 25 years and is one of the most experienced investors in European event driven, stressed and distressed credit. Prior to founding Ironshield Capital Management in 2007, David worked for Deutsche Bank and Bank of America, managing proprietary credit portfolios. Prior to that, he was an investment banker at Goldman Sachs and Salomon Brothers. David leads a team of six experienced specialist traders and analysts.

Cyril Delamare, CEO of MontLake commented: "We are excited to be partnering with Ironshield on the launch of their UCITS fund. The fund has a unique return profile and compliments our wide array of product offerings. Ironshield's long history and track record in European event driven credit markets is something we are very pleased to offer to our investors."

David Nazar, CIO and Managing Partner of Ironshield commented: "We are very excited to be launching our UCITS credit fund into an environment where the opportunity has been reset by recent market volatility. Our high alpha and low correlation return stream can be a powerful source of results for investors as well as acting as a diversifier in investors' portfolios. We are looking forward to leveraging our expertise and nimble approach to take advantage of market dislocations on behalf of our investors."

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Other Voices: ESG exuberance is at all-time highs. But will investors buy?[more]

    As investors increase their focus on mission-based investing, they continue to grapple with ESG and what it means to them. By David Shalom, Director of Capital Introductions at Pershing Innovation. New investment solutions. That's how managers deliver value and attract new inve

  2. Alts managers sitting on over $2.5tn+ of dry powder[more]

    Laxman Pai, Opalesque Asia: In the current rising interest rate environment, investment activity in the private markets has continued to grow, revealed a study. "With alts managers sitting on over $2.5T+ of dry powder and continuing to enjoy premium valuations and interest rates on a prec

  3. Opalesque Exclusive: Hong Kong manager expects additional tailwind in Asian markets[more]

    B. G., Opalesque Geneva: The Asia equity markets have not been at their best so far this year, with the MSCI Asia index down almost 13% YTD, but many managers remain buoyant about the region, as in

  4. Opalesque Exclusive: Emerging markets persist despite headwinds[more]

    Bailey McCann, Opalesque New York: Emerging markets have been under significant pressure since the start of the year, but there are some nascent trends that suggest that things could be getting better. Emerging markets firm Gramercy Fund Management recently released its third quarter outlook and

  5. Opalesque Exclusive: Castle Hall's DiligenceExchange free Transparency Reports cover 100 managers with $10tn of assets[more]

    Matthias Knab, Opalesque for New Managers: Managers and investors can get free access to DiligenceExchange here: Castle Hall, the Du