One Oak Capital Management has launched a new hedge fund, the Alpha Opportunities Fund, which employs a highly disciplined relative value long-short credit strategy and seeks to exploit short-term trading opportunities in the investment grade corporate bond market.
Steve Ditursi, One Oak’s Chief Executive Officer, says: “We are excited about the fund launching and view it as a critical step in building our firm.” The product is designed for institutional investors, high net worth individuals and family offices seeking strategies with investment grade quality assets, higher liquidity and the mitigation of interest rate risk.
“Given the size and scope of the corporate bond market, many opportunities arise that offer the possibility for above market rates of return from fixed income, particularly as it relates to trading volume segmentation,” says Joe Scellato, One Oak’s Chief Investment Officer. “Our strategy has caught the attention of investors as we seek to manage the residual interest rate risk in our positions and the portfolio, as is practical."
