CQS builds momentum with multi-asset European distressed investing strategy

Mon Feb 27, 2012

Read more:




Michael Hintze
CQS, the $11.2 billion multi-strategy group led by Michael Hintze, is starting to gain traction in its European distressed fund ahead of what looks likely to be an opportunity-rich time for distressed investing in Europe.

The multi-asset-class CQS European Distressed Fund was launched in August last year with $42 million of seed capital. Assets have just passed the $100 million mark and the fund has performed steadily in a difficult last few months for distressed strategies.

CQS European Distressed posted a positive return of 0.23% to the end of 2011 – compared with losses in most other European distressed funds – and was up by just over 1% in January.

The portfolio...

ISSN: 2151-1845 / CDC10004H

Register

By registering you will receive

  • A monthly newsletter on your specified areas of interest
  • A fortnightly update on the sector

Free Trial

Take a trial today and access

  • Performance news, fund launches, regulation changes and people moves
  • Profiles of fund managers, investors and distributors
  • Live league tables
  • Investor mandates


Popular Searches on HFI