Launches & Closures Hedge Funds

Everest Capital pushes new emerging markets debt strategy


First credit strategy for Miami firm off to fast start in first months.


 Everest founder Marko Dimitrijevic

Everest Capital, the $1.8 billion emerging markets firm, is marketing a new global debt fund, its first dedicated to credit strategies.

The Everest Capital Emerging Markets Debt strategy has a broad mandate to invest in what the firm terms “frontier and emerging markets.” It will trade in both corporate and sovereign bonds, across the capital spectrum, in 86 countries. Those markets include the traditional “BRIC” (Brazil, Russia, India, and China) nations, as well as in more abstruse areas, including Ukraine, Vietnam and several African states. Everest also reserves the