UBP adds long-short credit fund to alts offering
02/02/2023 - 10:52am
Union Bancaire Privée (UBP) has partnered with Brigade Capital Management (Brigade), to launch a new credit alternative fund on its alternative UCITS platform, U ACCESS (Ireland) UCITS, the U Access (IRL) Brigade Credit Long Short UCITS which employs a credit long/short strategy.
UBP says the fund, which has close to $100 million in assets under management, seeks long-term growth of capital through all market environments. It implements a long/short credit strategy that combines fundamental credit selection with structured credit and integrates an active approach to portfolio hedging to mitigate market and default risk.
The fund is supported by Brigade’s investment team, including 33 sector analysts and 12 structured credit specialists.