Our proprietary method of finding value in the high yield and distressed
space is the foundation of our success. This detailed and repeatable method
manages risk and exploits opportunities, regardless of industry type, to
find the right combination of market forces, situational factors and
intangibles that provide the short and long term value our investors expect.
Our management team employs a unique 'Recovery Value Strategy' that uses an
investment banking approach to identify worst-case scenario value in the
event of liquidation or bankruptcy for each issue in the high yield and
distressed credit space.
Simran's core strategy includes a three-tiered credit research approach.
First, the Fund Managers utilize a proprietary statistical screening tool to
screen the global high yield universe to identify credits as rich or cheap.
The Second step in the research process entails a high degree of investment
banking valuation work which leads our Fund managers to generate a favorable
or unfavorable opinion on each given credit. In this step a raw recovery
model is also built for each security. Finally, if after this fundamental
analysis, the Fund Managers continue to see value, they move to the Third
step which is an assessment of Market Dynamics and Technicals. anagement's
combined 20 years of expertise advising over 200 high yield funds worldwide
is used to fully develop an understanding of underlying technicals to
pinpoint ideal entry and exit targets for each security. |
