Alcentra’s specialist structured credit strategy,
focused exclusively on investing in undervalued collateralised
loan obligations, is having a strong year so far in 2011
– extending the excellent track record that it has
maintained since launching almost two years ago.
The Alcentra Structured Credit Opportunity Fund has returned
26.80% for the first six months of the year, which follows a
return of nearly 47% in 2010. Launched in September 2009, the
fund made an impressive 68% in the remaining four months of
Overall, the strategy is annualising at 86.41% since
inception. And it is currently vying with another high-flying
credit fund, Toro Capital, for top spot in the EuroHedge credit
peer group on a year-to-date basis. Overall, the credit index
is up less than 4% so far this year.