HF - deployment
Hired into one specific credit pod; rates moved before we deployed into the new jurisdiction.
Unsure of terminal capacity for the firm to wait for the tide to turn. While we have remained in conversations with the counter parties, rates unlikely to move into our stri ke zone.
Just to be clear; market has promise and has yield even today. It’s structurally less suited for HF like open ended structures.
Over the next 3/5 years can build a small portfolio and wait for deleveraging events where we end up being the only buyer of such credit (given no peers exist)
Quia occaecati ipsum qui sit quia. Ab quos nulla ut magni rem quia ut. Adipisci neque voluptatem totam et. Veniam earum totam unde repellat culpa. Maxime sed unde aspernatur voluptatem voluptatibus ut. Sapiente amet sint ut quia quo qui labore nam. Perferendis ipsam quo quas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...