Ironshield Credit Fund launches on the MontLake UCITS Platform ICAV
Dublin, 2nd April 2020 – Ironshield Capital Management LLP (“Ironshield”) and MontLake are pleased to announce 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”
About Ironshield Capital Management LLP
Ironshield was established in 2007 and manages portfolios of long and short positions with a principal focus on event driven, stressed and distressed European corporate credit. Ironshield is regulated by the Financial Conduct Authority in the United Kingdom.
Our vision is to be the investment fund industry’s most client-centric company. Founded in 2009, headquartered in Dublin with offices located across Europe, we combine world-class infrastructure solutions, with the world’s leading investment managers overseeing over $8 billion of assets, across a suite of products.
Providing our clients with access to world class and highly experienced investment managers via our expertise in structuring the most suitable European regulated fund structures to suit the investment strategy. We develop products that we believe will bring value to our investor base, by a research driven approach, selecting the best performing fund managers in the industry and providing strategies that complement our clients’ portfolios.
MontLake Management Limited is an Irish Super Management Company authorised by the Central Bank of Ireland both as a UCITS Management Company and Alternative Investment Fund Manager and has passported its services into Luxembourg, Germany, France and Malta.
MontLake Management Limited can support the launch of your fund either as a standalone structure or as a sub-fund on one of the multi-award winning MontLake platforms and is today managing UCITS, Alternative UCITS, Hedge Funds, Real Estate, Infrastructure and Private Equity.