Sep 12, 2024
4 Comments
 

So I had the chance to meet Cross Ocean as part of a previous internship I did.

Their special sits strategy is that they are doing secondary transactions of single loans with short maturities and at steep discounts from bank and direct lending shops.

It is a quite interesting strategy but in my opinion not very scalable, since the market size for such transactions is not that large.

I am not that familiar with other matters such as how the market perceives them or comp. Hope this helps.

 

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