Rathmore Fund, Ltd.

Fund Investment Objectives

The Lazard Rathmore strategy seeks absolute returns by dynamically allocating capital between its two sub-strategies: event driven/special situation strategies and convertible arbitrage. The strategy aims to identify opportunities across a corporation's securities through proprietary screening tools, quantitative analysis and robust fundamental research. Various trading strategies are utilized including, but not limited to, capturing opportunities created by idiosyncratic events (buybacks, exchanges, sweeteners, etc.), volatility capture, and relative value credit trades. Trading strategies typically utilize short-dated convertible bonds and positions are typically structured with an associated equity hedge.