Chenavari Credit Partners
Chenavari Credit Partners LP | Fund Notes
The following piece on Carlson Capital Management is being published as part of our Hedge Fund Tracker Tool, our daily effort to track hedge funds in the industry.
London-based Chenavari Credit Partners is currently prepping its first hedge fund to invest in the credit market. The firm will launch the Chenavari Credit Dislocation Fund sometime within the next few months with an expected US$75 million to US$100 million. Managing partner Loic Fery said the fund will pursue convexity in the market.
"It will have a market neutral approach to credit spread so it's not a distressed fund," said Fery. "We may be readying a distressed fund afterwards but, at the moment, we think it's still too early for that: Our priority is to benefit from current credit market volatility, through specific strategies, with as much convexity as possible"
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