Cairn Capital`s asset management capabilities cover most aspects of credit. Cairn Capital manages underlying assets in the form of credit default swaps, corporate bonds, ABS and loans across investment grade and high yield rating categories. These assets cover a number of different jurisdictions but with a particular focus on Europe.
Cairn Capital manages the Cairn Capital Structured Credit Fund, which was launched in late 2007, Oyster Credit Opportunities, a sub-fund of OYSTER Sicav, an umbrella fund established in Luxembourg, which was launched in July 2009, and the Cairn Credit Fund, a sub-fund of Cairn Global Funds PLC, an umbrella fund established in Ireland, the management of which was assumed by Cairn Capital in April 2010. In addition, Cairn Capital manages accounts in corporate credit and ABS for a UK pension fund. In each case, Cairn Capital deploys its competitive advantage in fundamental credit understanding combined with its detailed structural knowledge and technical capability.
Cairn Capital also manages portfolios of asset backed securities, investment grade and crossover corporate credit and leveraged loans in cash and synthetic form, either directly for clients or as collateral pools for public and private transactions. Cairn Capital`s portfolio management expertise is also deployed to replace exisiting management arrangements in third party transactions.
