Regional Director
CurrentThe Bandon Isolated Alpha Fixed Income Fund (BANIX) is an alternative, long-short fixed income mutual fund pursuing an absolute return mandate by investing in a global unconstrained fashion. The fund is designed to focus on the two principal risk factors associated with fixed income investing – Interest Rate Risk and Credit Risk - by utilizing two specialist institutional managers each managing their portion of the portfolio in an absolute return fashion: · Logan Circle Partners, LP, a $18 billion Philadelphia headquartered firm, focused on duration neutral, global unconstrained credit strategies and a wholly owned subsidiary of Fortress Investment Group LLC (NYSE: FIG). · Dix Hills Partners, LLC, a $575 million New York headquartered alternative investment firm, focused on active duration strategies in US Treasury and other developed sovereign debt markets and partially owned by Federated Investors, Inc. (NYSE: FII) · The fund seeks returns in the 6% to 8% range net of fees over a full market cycle, with volatility in the 3% to 5% range, with little to no correlation to traditional fixed income or equity markets · The fund seeks to perform equally well in rising and falling interest rate environments
