Long-only and alternative investment strategies are combined to deliver holistic solutions designed to capture the most attractive, timely opportunities within global sub-investment grade debt.
Alcentra’s multi-strategy solutions offer investors access to our U.S. and European investment strategies on an integrated basis with the additional benefits of ongoing strategy allocation, increased diversification, integrated risk management, and consolidated reporting. These tactical, outcome-focused solutions can deliver, in one vehicle, holistic exposure to liquid and semi-liquid investments such as senior loans, high yield bonds, special situations, and structured credit, and in certain circumstances, illiquid investments, including middle-market direct lending. Bespoke multi-strategy solutions can be provided for through managed accounts.
Leveraging an asset allocation committee, Alcentra’s Global CIO establishes the initial and ongoing strategy allocations seeking to exploit the most attractive and timely opportunities in our markets in search of income, capital appreciation, or both. Allocations are based on our forward looking determinants of relative value across global markets, assessment of liquidity premia, and the identification of major risks. Risk is managed top-down through the strategy allocation process and bottom-up at the individual position level across all strategies in order to meet investment objectives in varying market scenarios.