The investment strategy of the CREDIT OPPORTUNITIES FUND is based on detailed fundamental credit analysis and disciplined portfolio monitoring and risk management. Our investment process is based upon active bottom-up credit selection using case specific financial models and qualitative analysis. The Fund will focus on European investments with high financial leverage (typically BB+/Ba1 and below) and invest in a variety of instruments, including high-yield bonds, structured credit, loans, equity, convertibles and other equity linked securities. The managers are targeting an annualized return of between 10-15%, with volatility between 8-10%. Minimum investment is in EUR.