24 Aug 2010
Ayaltis has announced the launch of Ayaltis Acantias Offshore fund, a specialized and concentrated fund of hedge funds dedicated to capture deep value investment opportunities in the stressed and distressed credit space and the hire of two new senior investment professionals to strengthen the corporate structure.
The Ayaltis Acantias Offshore fund will focus on undervalued assets in the stressed and distressed credit space. The fund aims to capture value in all credit markets investing across all seniority levels following through the current period of strong technical versus fundamental dislocations expected to last for the next few years. The fund is very concentrated investing in between 6 – 8 seasoned distressed credit hedge funds with proven investment skills, leadership, innovation and management talent. Contrary to traditional distressed, selected funds present a market neutral investment bias to navigate the expected future increase in market volatility as global deleveraging continues. Attractive uncorrelated returns will be achieved through the combination of high cash flow income and capital appreciation. The fund’s target is an annualized return of 18% - 24% p.a. with a volatility of 8% p.a. over a three to five years investment horizon. The fund is up 8.35% YTD and since its launch in March 2010.
The Ayaltis Acantias fund was discretely launched in March 2010 with seed money from family offices. The fund had its first “stress test” in May and June 2010 but showed high resilience to market shocks in delivering net positive of 0.10% in those two months.
Ayaltis AG, the investment advisor of its flagship fund Ayaltis Areca Value Discovery and the new fund Ayaltis Acantias Offshore, has announced that it has hired Guillermo Worlicek and Massimo Martino to strengthen its existing team.
Worlicek has joined Ayaltis from Harcourt Investment Consulting AG, where he worked for five years, most recently as Executive Director. He will be a Partner and is responsible to implement a Risk & Quant Management Framework within Ayaltis.
Martino joined Ayaltis from Banca del Ceresio where he spent more than six years as Fund Operations Manager of its six fund of hedge funds managed by the bank. At Ayaltis, he will be responsible for the complete life cycle of the Fund Operations Service.
The Ayaltis Acantias Offshore fund will focus on undervalued assets in the stressed and distressed credit space. The fund aims to capture value in all credit markets investing across all seniority levels following through the current period of strong technical versus fundamental dislocations expected to last for the next few years. The fund is very concentrated investing in between 6 – 8 seasoned distressed credit hedge funds with proven investment skills, leadership, innovation and management talent. Contrary to traditional distressed, selected funds present a market neutral investment bias to navigate the expected future increase in market volatility as global deleveraging continues. Attractive uncorrelated returns will be achieved through the combination of high cash flow income and capital appreciation. The fund’s target is an annualized return of 18% - 24% p.a. with a volatility of 8% p.a. over a three to five years investment horizon. The fund is up 8.35% YTD and since its launch in March 2010.
The Ayaltis Acantias fund was discretely launched in March 2010 with seed money from family offices. The fund had its first “stress test” in May and June 2010 but showed high resilience to market shocks in delivering net positive of 0.10% in those two months.
Ayaltis AG, the investment advisor of its flagship fund Ayaltis Areca Value Discovery and the new fund Ayaltis Acantias Offshore, has announced that it has hired Guillermo Worlicek and Massimo Martino to strengthen its existing team.
Worlicek has joined Ayaltis from Harcourt Investment Consulting AG, where he worked for five years, most recently as Executive Director. He will be a Partner and is responsible to implement a Risk & Quant Management Framework within Ayaltis.
Martino joined Ayaltis from Banca del Ceresio where he spent more than six years as Fund Operations Manager of its six fund of hedge funds managed by the bank. At Ayaltis, he will be responsible for the complete life cycle of the Fund Operations Service.
